Originally Posted by gonzostrike
a fairly manichean view of the world. and not one that I find remotely acceptable as a substitute for reality.
at the end of the day, your statement above is an apology for all the negative things that result from greed. you create without prior permission an absolute value in "prosperity" and "growth" -- although I agree on the "innovation" part, as long as you mean it literally, as in "improvement" rather than "different and marketable as improved".
the idealized view of capitalism you quote is fairly close to Ayn Rand. while I think such a view would be practical if man were more noble in his acts (intent alone isn't sufficient), the ugly reality is that man is weak in the face of filthy lucre. and so, one can only apologize for capitalism. it forever will remain, as Ayn Rand called it, an "unknown ideal." it will always need tempering with the views of those, like myself, who think that profit should be incidental to working a public good.