Moral Case for Profit Maximization - (Capitalist Thought: Studies in Philosophy, Politics, and Eco) by Robert White (Hardcover)

About the Book

The Moral Case for Profit Maximization considers the moral status of profit maximization, arguing that profit maximization is moral when businessmen seek to maximize profit by forming values and cultivating the virtues.

Book Synopsis

The Moral Case for Profit Maximization considers the moral status of profit maximization, arguing that profit maximization is moral when businessmen seek to maximize profit by forming values and cultivating the virtues.

Review Quotes

"Despite its incredible contribution to human flourishing, capitalism is constantly under attack. This is because many people consider capitalism to be immoral. How can an immoral system produce a superior outcome? Robert White shows that capitalism, driven by profit maximization, is the only fully moral economic system which is why it so successful. This book is well worth reading."

"Robert White has written a brilliantly-reasoned book, replete with vivid examples, demonstrating his theme that profit is indispensable to promoting human life and that the great wealth creators are moral giants."

"Robert White writes elegantly. The economic function of profit is well understood, yet, still often needed is explanation of the ethical significance of profit as reward-both material and symbolic-for productive achievement within a system of voluntary transactions. White argues forthrightly with compelling examples and clear logic."

About the Author

Robert White is dean of faculty and assistant professor of philosophy at the American University in Bulgaria.