capitalism moral? Walter Williams says yes, it is the most moral philosophy mank

https://www.youtube.com/watch?v=fJr2RO7g7jI—-Is capitalism moral? Walter Williams says yes, it is the most moral philosophy mankind has ever pondered! Do you agree?—-

It is, if:

(a) it doesn’t occur under a representative government open to special interests that can seek rents, and instead operates by either direct democracy if people are marginally indifferent, or economic democracy if they are substantially different, or by different houses using either direct or economic democracy for diverse polities.

And (b) if there is rule of law (universal application) whose decidability in law is against parasitism,

(c) and where there exists universal standing (universal right of suit), so that groups of individuals can punish organizations that engage in parasitism either directly, or via the state.

Capitalism is moral ( non-parasitic and produces rational, voluntary, cooperation ) if and only if there are no means available FOR IT TO BE USED IMMORALLY.

There is no common good other than cooperative non parasitism. After that it’s all a matter of market choice in production of consumption or commons.

Curt Doolittle