Saturday, September 9, 2017

Acting Morally Is Acting in Your Self-Interest

Adam Smith, the father of modern economics, said that the best economic benefit for all can usually be accomplished when individuals act in their own self-interest.

Economist Milton Friedman has argued that greed and self-interest are universal human traits. Furthermore, he argued that people pursuing their self-interest is way people escape grinding poverty.

Acting in one's self-interest can be thought of as the very foundation of capitalism.

However, people often mistakenly assume self-interest to mean solely economic self-interest. But it is not all about money.  People also act to preserve their reputation as a morally good person as a new study shows.  In fact, most people would choose death rather than live with a reputation as a child molester. 70% would rather have a hand amputated rather than be labeled a Neo-Nazi.

Maintaining or improving your moral reputation is the core reason people act ethically, especially when dealing with strangers.

This makes me wonder if not using real name, for the most part, on this site as been an error on my part. Nelly Wince is a lawyer who commits horrible crimes and gets away with them. She hurts innocents including children. This is not my opinion, I have clear evidence. Ditto for county attorney Bennie Sonsang as well as many others.

I have been reluctant to name names for several reasons including my being a person who simply does not like to make a fuss but mostly to protect my children. However, the children are now adults and will soon be off on their own. And the last threads of hope that the justice system will act in a just rather than corrupt manner are fraying fast.

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