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Morality's Alpha: A Case Study Determining Whether Morality Must Be the Basis of Capitalism

Stroud, Ian Cecil
http://rave.ohiolink.edu/etdc/view?acc_num=walshhonors1588161944422878

Abstract Details

2020, Bachelor of Arts, Walsh University, Honors.
Many believe that capitalism is inherently immoral, a system designed by the rich, for the rich. Events like the 2008 financial crisis seem to point to a conclusion of this sort as well. However, delving deeper into the roots of capitalism and its founder, Adam Smith, paint a different picture, with different intentions. The Theory of Moral Sentiments predates and provides the foundation for the Wealth of Nations. In both the timing of the books, and in their content, morality is clearly shown to be the bedrock upon which capitalism was built. Having proved this, one must then look to the 2008 crisis through the previously constructed lens, and evaluate the actions that led up to it. If they were immoral, as this thesis claims them to be, then the theory that morality is the basis of capitalism is given practical application.
Bradley Beach (Advisor)
26 p.
Banking; Economic Theory; Economics; Finance; Philosophy
Capitalism; morality; 2008 financial crisis; Great Recession; Adam Smith; Aristotle; The Wealth of Nations; The Theory of Moral Sentiments; moral philosophy

Recommended Citations

Citations

  • Stroud, I. C. (2020). Morality's Alpha: A Case Study Determining Whether Morality Must Be the Basis of Capitalism [Undergraduate thesis, Walsh University]. OhioLINK Electronic Theses and Dissertations Center. http://rave.ohiolink.edu/etdc/view?acc_num=walshhonors1588161944422878

    APA Style (7th edition)

  • Stroud, Ian. Morality's Alpha: A Case Study Determining Whether Morality Must Be the Basis of Capitalism. 2020. Walsh University, Undergraduate thesis. OhioLINK Electronic Theses and Dissertations Center, http://rave.ohiolink.edu/etdc/view?acc_num=walshhonors1588161944422878.

    MLA Style (8th edition)

  • Stroud, Ian. "Morality's Alpha: A Case Study Determining Whether Morality Must Be the Basis of Capitalism." Undergraduate thesis, Walsh University, 2020. http://rave.ohiolink.edu/etdc/view?acc_num=walshhonors1588161944422878

    Chicago Manual of Style (17th edition)

walshhonors1588161944422878
139
© 2020, all rights reserved.
This open access ETD is published by Walsh University Honors Theses and OhioLINK.