There is no virtue in restraining the pursuit of profit: profit maximization is moral.
No matter what the management troubles at Uber, it must be defended against any government tax grab or regulation potentially suffocating the company.
The only thing governments can do to facilitate innovation is to stay away from markets and allow companies compete and trade freely.
Businesspeople who produce material values are not the same as crooks who prey on gullible investors or customers or both, and produce nothing.
Clear moral principles, such as honesty, make the right—the self-interested, win-win—course of action so much easier.
CSR also sneaks in the ideal of altruism, the duty to serve others “to further some social good, beyond the interests of the firm.”
By clearly and publicly withdrawing their moral sanction of government’s freedom-curtailing and welfare-destroying actions, business leaders can have a big impact on all of our future.
Government should get out of regulating business at all, including regulations on product safety, emissions, and dealing with industrial waste.
Productive companies and investment bankers who help them obtain capital are making an important contribution to human flourishing for which they should be proud.
If we want to promote human flourishing and avoid human suffering, it is crucial that we challenge the ideal of government ‘redistribution’ of wealth and regulation of the economy and advocate reason, freedom and individual rights instead.