Is capitalism killing morality in the name of the law?

[Dzigie]

Usury is an immoral profession in almost every society. But today this immoral profession has a modern counterpart. Its name is banking. And banking is regulated by law.

Making money by prostitution is an immoral profession in almost every society. But today this immoral profession has a modern counterpart. Its name is porn industry. And the porn industry is regulated by law.

Do you think moral concepts are being killed by capitalist imposing laws who want to make more money?

[Cryptomiles1]

Usually money lending has been existing for as long as human was created both prostitution but what matters most is creating a means of channelling their regulations. Which is why they have a porn industry where it will be properly controlled and practice maybe most of them are being license which they have some percentage to remits to the government such is also applicable to money lenders.

[Gyfts]

If it's truly a capitalistic economy, then usually usury would be stomped out by the competition undercutting the high rates of which ever lender. If the market is free, competitive, and fair, then it shouldn't be a problem. Greed isn't a capitalism problem, it's a human morality problem. I wouldn't expect capitalism to be perfect, because predatory lending agencies exist -- though capitalism can make things more fair for the consumer because there's alternatives.

[Zilon]

Capitalism invariably has contributed to the creation of jobs and wealth, introduced new innovations, development and has brought prosperity in our today society. The height of competitiveness and capital accumulation it brings has incentivised business efficiency and growth. It might have tampered with the morals of todays society but to a larger extent it has improved the standard of living in the modern era.

Usury is part of capitalist society, its moral justification might be worthless but the honest truth is that to fit into the society without engaging in criminal act or money laundry Usury might just be one of the options. But come to think of it even the borrower no one know their intent when taking the loan. They too can ignite inflation in their own business. Majority of people in the capitalist society are guilty of the same act. The immoral living is not in Usurers alone even the local business vendors are guilty of the same act just that each does their differently.

[disconnectme]

Capitalism by design is still the best form of economy but by nature, human greed is what is destroying capitalism, the love of money has corrupted every aspect of our lives, and the lawmakers that are supposed to be the ones making laws to guide and prevent greed are the ones using the loopholes in the law they make and the inside information they have access to, to their own benefits, the Judicial system that is supposed to protect the common man has also been corrupted and justice goes to the highest bidders. I don't think anything is wrong with capitalism, we humans if it is wrong properly

[odolvlobo]

Usury is an immoral profession in almost every society.

I don't agree with that premise. Interest-free lending is charity because the lender is giving away the benefits of what they are lending. So, a lender is immoral if they are not charitable, and charity is therefore not a virtue because it is simply the selfish avoidance of immorality.

In my own case, I loan money to people who are drowning in debt. I give them a chance to get their finances back in order and pay off their debt. I do this primarily because I think it is a benefit to society, but I also charge interest on the loans. Charging interest is necessary because many of the people I help do not pay me back. Without interest, the lending could not be sustainable. Also, I could instead charge a fee for my help based on the size of the loan, but isn't that really what interest is?

Do you think moral concepts are being killed by capitalist imposing laws who want to make more money?

A transaction involves two people. Why is only one of them being immoral when both are making the transaction? If charging interest is immoral then being willing to pay interest is immoral. If charging for sex is immoral, then being willing to pay for sex is immoral. You say that the people making money are immoral, but the people wanting services must also be immoral.

[bittraffic]

Usury is an immoral profession in almost every society. But today this immoral profession has a modern counterpart. Its name is banking. And banking is regulated by law.

Making money by prostitution is an immoral profession in almost every society. But today this immoral profession has a modern counterpart. Its name is porn industry. And the porn industry is regulated by law.

Do you think moral concepts are being killed by capitalist imposing laws who want to make more money?

If the interest becomes unbearable for the debtor to pay, it becomes unacceptable anymore thus capitalism is just not the right term for it anymore.
We know it's not morally good to see a person toil their way to make money but only to give it to thier lenders.

The moral concept is to be balanced by the government.  Prostitution is still taboo but is pretty much spread as well. This is as much as Bitcoin, they couldn't stop it and it evolves online.

[dothebeats]

It's allowed to operate because the government benefits. If it doesn't, it most probably wouldn't be legal at all. These industries serve people, albeit somewhat challenging morality of a lot of people too. Whatever the cases is, so long as a large portion benefits, it will be approved or legalized no matter what. I don't know about porn though, because it is illegal here. But banking, IMO, does more good than harm if done correctly. Not a fan of capitalism, but it has its merits.

[ancafe]

Usury is an immoral profession in almost every society. But today this immoral profession has a modern counterpart. Its name is banking. And banking is regulated by law.

The practice of usury is indeed very troubling for some people and in some religions it is highly recommended to avoid it, but this problem cannot be seen as a profession because you can choose not to take usury.

Making money by prostitution is an immoral profession in almost every society. But today this immoral profession has a modern counterpart. Its name is porn industry. And the porn industry is regulated by law.

You can avoid this kind of premium, if the lender expects interest, then you don't have to bother taking it and the porn industry is immoral, as well as industrial connoisseurs must limit not enjoying it.

The location of each problem is in each individual, if you refuse to accept then you will be spared, the concept of simple life is never to get involved in loans and not to be involved in anything that is believed to be damaging.

[Ndabagi01]

Usury is an immoral profession in almost every society. But today this immoral profession has a modern counterpart. Its name is banking. And banking is regulated by law.

Usury is strictly prohibited in some parts of the world, particularly in Muslim-majority countries. However, the introduction of the banking system lending service has aided many people in a variety of ways, but the perception of its illegality has not changed.

Making money by prostitution is an immoral profession in almost every society. But today this immoral profession has a modern counterpart. Its name is porn industry. And the porn industry is regulated by law.

A higher percentage goes to those regulatory bodies in order for the porn industries to be regulated by law. In my opinion, this has done more harm to the moral conduct of the society, but it can’t be stopped because it is regulated by high government officials, who stand to benefit from it as well.

[Unbunplease]

money and morality, in most cases, are incompatible. After all, there is the proverb "Money doesn't smell. This proverb reveals the relationship between money and morality. Modern society increasingly adapts the morality of society to the morality of money, unfortunately.

[yhiaali3]

Do you think moral concepts are being killed by capitalist imposing laws who want to make more money?

Social values generally differ in different societies and can change with the development of time. There are many things that were considered immoral in the past but are now part of our lives.

These moral values you're talking about have been killed by the capitalists who have taken over the governments and made them make laws that make these things legal, without the capitalists controlling the government they can't pass these laws in society.

But even a society that rejected such things as immoral in the past, today gladly accepts them because they have brought prosperity and wealth to the people.

[Dr.Bitcoin_Strange]

It is not a new thing that prostitution is an immoral behaviour that has been practiced long even before I was born. The fact that morality is killed due to capitalism is true, but the truth still remains that no one is forced into it. People involved in prostitution have the right to their own lives, and the law only has a few regulations that humans should abide by, but being immoral in your behaviour is a choice.

[hatshepsut93]

Do you think moral concepts are being killed by capitalist imposing laws who want to make more money?

No. Capitalists don't really have that kind of power to defy social norms of their times. It's the social norms that change with time. Your examples don't show "capitalism destroying morality", it shows that religious morality is weakening in some parts of the world. Capitalism just makes use of the new opportunities.

But a new kind of morality is also being established. What some people call "wokeness" and "cancel culture" is just a modern secular morality based on ideas of tolerance and defending those who are perceived to be oppressed. So large companies cut ties with those who publicly make hateful remarks towards certain groups, even if it means that the company will immediately lose revenue, because not doing this could cause even larger revenue loss due to reputation losses. But 30 years ago they weren't doing any of that because society had different morals.

[Yatsan]

Prostitutions? They are artists in that field. They are simply being paid huge amount and contents are with their consent so I cannot call it prostitution. Capitalists are simply making use of every opportunity that will be available on their sight and I doubt that crosses moral ideologies
. Morality in the first place is a behavior which is acceptable to the society, right? As governed by laws, ofcourse they won't allow contradictions. They have basis whether to allow something or not. Your example as well is vague; from a field or profession to banks, then government regulation?
To how I view this topic; morality, belief, and culture evolves through years, if this is your concern.

[Fiatless]

Usury is an immoral profession in almost every society. But today this immoral profession has a modern counterpart. Its name is banking. And banking is regulated by law.

Making money by prostitution is an immoral profession in almost every society. But today this immoral profession has a modern counterpart. Its name is the porn industry. And the porn industry is regulated by law.

Do you think moral concepts are being killed by capitalists imposing laws who want to make more money?

Usury and prostitution are not a creation of capitalism. Even in socialist economies, these two professions exist and they are as old as man. Capitalism has its merits and demerits. One of its most profound advantages is that it promotes competition which reduces exploitation by monopolists. While it's demerit is that some capitalists pursue excess profit when they have the opportunity without considering the plight of the masses.

Capitalism is not killing morality but morality is dying because of greed and selfishness. Even in the so-called socialist societies we still see corrupt leaders embezzling the perceived commonwealth,  while the people live in poverty. Collecting loans from banks with interest is not wrong because it could be used to start or expand a profitable business. Porn is technologically advanced prostitution created because of the advancement of science and technology and not capitalism.

[Wexnident]

Lending services has always been there, capitalism didn't invent it nor did it force morality ton suddenly disappear with it being regulated. In fact it simply helped in creating a centralized system around it imo, and as long as the larger majority is ok with it, that would be how the norms of society shall view it as well.

Same with the porn industry. Society developed, and the same could be said with societal norms. I'd agree in some sense that capitalism has changed our and society's mindset to what it is now,  but the same could be said for anything else really. It's not the sole factor involved. Heck you can actually say that the norms were already changing, capitalists simply took advantage of it and say, hastened it's development for their profits.

[Supreemo]

Usury is an immoral profession in almost every society. But today this immoral profession has a modern counterpart. Its name is banking. And banking is regulated by law.

The practice of usury is indeed very troubling for some people and in some religions it is highly recommended to avoid it, but this problem cannot be seen as a profession because you can choose not to take usury.

Making money by prostitution is an immoral profession in almost every society. But today this immoral profession has a modern counterpart. Its name is porn industry. And the porn industry is regulated by law.

You can avoid this kind of premium, if the lender expects interest, then you don't have to bother taking it and the porn industry is immoral, as well as industrial connoisseurs must limit not enjoying it.

The location of each problem is in each individual, if you refuse to accept then you will be spared, the concept of simple life is never to get involved in loans and not to be involved in anything that is believed to be damaging.

i personally couldn't relate to that but I have somehow few ideas that comes to my mind when we talk about usury. usually those who conduct it (lenders) are oftentimes called loansharks as far as I know and yes it's true that it is an not a right thing to do. it is also true that you can choose not to choose that option, but there're some instances that some debtors will cling to that as their last resort, and it is not someone's fault since both parties agreed the terms either written or verbal agreement. there are also cases in which lenders will just raised the interest unreasonably and immediately without further notice but most of the times the first scenario is quite common.

as far as I am concern also, prostitution is one of the oldest jobs here in the world and no matter what we do, it will always be part of our history. yes it is immoral and I do agree that there will always be someone who will choose being capitalistic even if it means they are stomping their own dignity. you can even see them on podcasts nowadays about this adult film actors/actresses being proud of their ideals which is immoral. i also personally dislike those ideas i'd prefer gamble my money than paying for those things even if they say it's for the sake of "entertainment".

[Mauser]

Usury is an immoral profession in almost every society. But today this immoral profession has a modern counterpart. Its name is banking. And banking is regulated by law.

Making money by prostitution is an immoral profession in almost every society. But today this immoral profession has a modern counterpart. Its name is porn industry. And the porn industry is regulated by law.

Do you think moral concepts are being killed by capitalist imposing laws who want to make more money?

There is the famous saying that prostitution is the oldest profession in human history, so in our past people must have tried to regulate it for a long time already. In my country it's legal too and is nothing evil, because it gives better protection for the workers. If something is illegal it doesn't mean people won't do it, it's just that it will be hidden from the law. Capitalism isn't really at fault here because it has been around much longer than we have capitalism. Same goes for banking, the concept of borrowing and lending money has been around for hundreds of years. It's much older than capitalism and we can't blame it for all the evil. How are we being killed by capitalism? I think that in a military dictatorship many more people are getting killed by the regime.

[southerngentuk]

But there should also be no political system to discuss this, a question that is complex and cannot be answered simply. However, some people are of the opinion that capitalism can use the law to protect their interests and sometimes to the detriment of morality and fairness. For example, some companies may take advantage of loopholes in the law to avoid responsibility for the environment or for their employees. However, not all capitalists are like that, and laws can be used to protect morality and equity if designed and implemented properly.