It couldn't be said better then from RenoDorvay. Capitalism and largely other economic/political systems are inherently morally neutral (as a theoretical concept). The morality aspect (morally good, morally bad) from these systems are dependent on how it is 'operated'.
If we were to consider Communism in regards to simply and only the ideology of a non-capitalist economy, where there is collective social ownership of industry, commerce, etc, as an ideal many would find it favourable, nevertheless morally neutral. However, I believe when it becomes 'morally bad' is how it is put into practice. Communism, particular in Russia, there was no material prosperity, real democracy for working people as well as greed empowered dicatorships, indoctrination, force obedience etc. And ultimately, it is the way it's regulated is where Communism and other political/economic systems becomes 'morally bad (or potentially morally good)'.
(Whether Communism could actually be put into practice is a different discussion)
This is the point I wanted to say, that capitalism, as a system, is difficult to be termed morally good nor morally bad
I would also like to state that the black and white fallacy, that something is only either morally good or morally bad and nothing more, should not be made. Morality is a spectrum.
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@RenoDorvay. Could you please explain what you are referring to when you say, "public works efforts" and how does this demonstrates good capitalism.





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