Capitalism Kills Morality - And So Does Socialism, Say Economists

Friday, May 10, 2013 - 13:50 in Psychology & Sociology

Do you support unions, a minimum wage, dislike business and hate child labor and then tell all of your friends on your iPhone? People rationalize moral standards when it comes to their own lives, say economists writing in Science. It's easy to lament child labor and exploitation of the work force but if you are not willing to pay $2,000 for a phone, you are part of the problem and Tweeting about social issues on that phone helps precisely no one but corporate shareholders. read more

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