Comments on: Does the success of a society depend on economics or ethics?

By: meg

meg — Sun, 02 Nov 2008 17:27:06 +0000

The ethics of a society arise from the interaction between the biological imperatives for self and species preservation and the economic system that governs how material goods are produced and distributed. Successful societies from the theocracy of ancient Egypt to modern industrial democracies succeeded because the ethical code supported the economic system so cooperative efforts could be sustained without expending a wasteful amount of effort on enforcement of rules. The ethics must fit with the economic system. The ethical code of Rome would be a disaster if held by people in the US today, but it made Rome very successful.

By: Tyler

Tyler — Sun, 02 Nov 2008 03:19:35 +0000

i think it takes about, but ultimately with out ethics, there would be no stable economy

By: Trouser

Trouser — Thu, 30 Oct 2008 03:19:00 +0000

Coming from a guy who is devoting his career to the study and application of economics, all I can say on ethics and economics is that econ is a GREAT way to maximize profits, but it’s not a good way to live your life.

By: investing1987

investing1987 — Mon, 27 Oct 2008 09:13:57 +0000

yes it does