Quote by George Bernard Shaw
Capitalism justified itself and was adopted as an economic principle on the express ground that it provides selfish motives for doing good, and that human beings will do nothing except for selfish motives
Summary
This quote suggests that capitalism, as an economic principle, gained acceptance and justification based on the belief that it harnesses self-interest as a driving force for positive outcomes. According to this perspective, individuals are inclined to act only when motivated by self-interest. Capitalism asserts that by creating a system where individuals pursue their own economic gain, it ultimately leads to the betterment of society. In other words, the quote argues that capitalism embraces the idea that people will only take action if it benefits their own interests, and that this self-interest can ultimately result in positive social and economic outcomes.
Topics
Capitalism
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