George Soros : Capitalism is a system that creates great wealth. Markets are very useful. However, markets alone do not produce ethics, freedom or justice. Markets Fundamentalists completely refuse to accept this

ethics and laws should create markets

I like how people here treat ethics as an implicitly good thing (yeah, the Good is an ethical category, I know). Ethics and law are subjective, in some societies it's ethical to murder gay but unethical to be gay.

In Soviet Union it was considered unethical to listen to western music, yet black markets provided books and vinil.

If anything, markets are better than ethics and law because they response to each individual needs, and not act only in accordance with the will of majority/legislator/dictator.

Of course those who believe in Rousseau's notion of the common good would disagree, but I've never seen anyone who is able to infer a general common ethics which all people would agree with.

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