The Human Cost of Unrestrained Capitalism
The Human Cost of Unrestrained Capitalism Power, Profit and the Erosion of Human Dignity By Kieran Beville The triumph of profit over people Capitalism has shaped the modern world more profoundly than perhaps any other economic system in history. It has generated extraordinary technological advances, raised living standards for many and fuelled remarkable innovation. Yet alongside these achievements lies a darker reality that is often overlooked or deliberately ignored. When capitalism operates without meaningful limits, social responsibility or democratic oversight, it can become a force that concentrates wealth, undermines communities and places profit above human wellbeing. Economics without ethics The issue is not commerce itself. Trade and enterprise have existed throughout human history and remain essential to economic development. The problem emerges when the pursuit of profit becomes the dominant organising principle of society. Under such conditions, human ...