What are your thoughts about proposed direction of business

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Question: The current state of our nation allows for many passionate and controversial topics of discussion. In an earlier discussion, we explored the ethics of a variety of legal business practices that had societal relevance. In this discussion, I would like to continue with a different topic that is related to both ethics and society.

One of the debates today is the idea of BIG Government. Some commentators have suggested that we are progressing towards Socialism. The more the government attempts to provide for the people, it seems, the more the government is perceived as "interfering".

On the opposite spectrum of socialism is the philosophy of social Darwinism. Social Darwinism refers to the idea that individuals who are able to survive should be free to do so, without the hindrances of the weak, the poor, or the handicapped (physically, emotionally, or mentally). It means that the fittest survive, and allow for a propagation of others who are fit.

Social Darwinism is a philosophical foil to socialism. Socialism argues that for a society to be strong and healthy, it must care for its weak. Social Darwinism argues that society benefits from the struggle for survival and that the weak should be left to their own accord while the strong survive.

Survival of the fittest is currently how businesses desire to operate - with little to no government interference and a sole reliance on competitive forces for success. Free markets. The free hand of capitalism.

There are some indications that we are moving further in that direction. Note the Supreme Court ruling (Citizens United) that corporations can spend freely in federal elections. No limits. Strong companies (and individuals) have lots of resources that they can use to influence policy and outcomes at the federal level.

Here is the question: What are your thoughts about the proposed direction of business in our nation? Do you feel that survival of the fittest is an appropriate norm for society? As we enter a period of deregulation of business, what are your thoughts about strength, power, and survival - both in business, and in society.

Frame your discussion in the context of social Darwinism and capitalism. Feel free to reference concepts including, but not limited to, work ethic, rights and private property, social contracts, free economics, economic advantage, historical exploitation, and ideological values.

Reference no: EM132138911

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