Monday, August 24, 2009

Foundational Virtue

Our System Cannot Survive without Moral Underpinnings

Here is an Article by Steven Malanga [click to read] that makes a good point.

"In Democracy in America, Alexis de Tocqueville worried that free, capitalist societies might develop so great a “taste for physical gratification” that citizens would be “carried away, and lose all self-restraint.” Avidly seeking personal gain, they could “lose sight of the close connection which exists between the private fortune of each of them and the prosperity of all” and ultimately undermine both democracy and prosperity."

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