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  • 标题:Conscious Capitalism vs. Rapacious Capitalism: Lessons from King Leopold II
  • 本地全文:下载
  • 作者:Hershey H. Friedman ; Linda W. Friedman ; Sarah Edris
  • 期刊名称:B Quest
  • 电子版ISSN:1084-3981
  • 出版年度:2017
  • 出版社:Richards College of Business, University of West Georgia
  • 摘要:In this paper it is argued that two kinds of capitalism are engaged in a greatstruggle in the United States. Both approaches are derived from the opinions of AdamSmith, the father of capitalism, who posited in The Wealth of Nations that universalself-interest and the “invisible hand” of the marketplace allocate scarce resources moreefficiently and promotes social welfare better than any other economic system. Onetype of capitalism could be called “moral capitalism” or “conscious capitalism”; the otherkind of capitalism takes a “greed is good” approach this paper condemns.This paper’s authors argue that the only kind of capitalism that is good for acountry is based on values and morals. In fact, they say, this is exactly what AdamSmith had in mind, as he was a strong believer in empathy and benevolence. Theexample of King Leopold II of Belgium is provided as an example of why capitalismbased on greed is not desirable because it is widely believed that he was responsiblefor the death of ten million natives of the Congo Free State,. which makes him one ofhistory’s most notorious mass murderers. The Congo Free State was created in the1880s as the private holding of a purported, private charitable organization created bysome European investors that was headed by Leopold II, whose personal control of thecountry was unrestrained. Outrage over the well documented atrocities committed byhis brutal regime led to the Congo Free State being abolished and replaced in 1908 bythe Belgian Congo, a colony controlled by the Belgium parliament.
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