The ethical altruism and the spirit of capitalism [articol]

Abstract

The ethical model of capitalism, which is based on the idea of a so-called rational egoism, has led in practice to unacceptable economic gaps and inequalities. At the same time, this model subordinates human values and global priorities to economic principles and consumerist drives. This leads to environmental pollution, exhaustion of the planet and threatens the future generations to come. My article proposes to replace this model with an ethical altruism that takes into account the urgent needs and the welfare of all parties involved.