I was on another philosophical sprint recently when Wood applied a much needed splash of reality to my enthusiasm. Following my article about Profit Motive, I wrote a snarky quick-take about “Evil Capitalists”. In that quick-take, I made the claim that “There is no economic system which is inherently good”. Wood’s counterargument was that Communism (as an economic system) is predicated on the the abrogation of private property, which Edward Feser has noted is contrary to Natural Law. A Communist system without that abrogation would cease to be communist, therefore a perfectly formed Catholic (PFC) could not operate a communist system without violating natural law.
This lines up with something I argued in my article on Divine Mercy that every action is either for or against God, everything can be reduced to some kind of Binary. This is what ZippyCatholic refers to in the article provided by Wood in the comments, that it is a fallacy that “formalisms and methods” can be metaphysically neutral, and is one of the lies of modernity.
So, with this preamble, lets tackle the question: What is the difference between Economics and a Gun?
A gun is neutral, because a gun exists apart from people who use guns. A gun can be used for good or evil, but only insofar as it’s operator is either good or evil. A gun thus takes on the character of it’s operator, after a fashion. A gun is evil in the hands of an evil man. A gun is good in the hands of a good man.
I have made the comparison between complex systems and tools because of the idea that a complex system is a kind of tool. Lets turn it into a gloss: Johnny uses the gun to protect his family. [Person A] uses [a tool] in order to [achieve some end]. The tool defines what ends are possible with that tool. “protect his family” is a valid end if the tool is a gun; “eat salad” is not a valid end if the tool is a gun, even if it is technically possible: that’s not what the gun is for.
If we suppose that “Capitalist systems” is a tool, then “public good” seems as valid as “public evil” as an end. The difference lies in the nature of the tool.
A gun is a discrete object that is both definite and actual. Capitalism is neither discrete, definite, nor actual as a thing. Capitalism does not exist apart from the people who are engaged in capitalist acts. Capitalism is almost better described as an emergent property of a barter market, rather than a thing unto itself. So saying that Johnny used Capitalist systems is as nonsensical as saying the gun voluntarily protected Johnnys family without any prompting from Johnny.
Capitalist Systems is more appropriately the subject of our gloss. If the gloss is [Person A] uses [a tool] in order to [achieve some end], then we can substitute in Capitalist Systems for Person A. The subject reduces the available tools, so we can say a tool available to Capitalist Systems is mortgage lending, and that reduces the available ends, so we can say the end of mortgage lending is to provide profit to a bank.
The tool is mortgage lending, mortgage lending is discrete, definite, and actual. Mortgage lending can be done in both Capitalist and communist systems. Mortgage lending can be performed by PFC’s.
Capitalist systems then are not inherently neutral, the reason they appeared that way is because they were in the wrong spot on my framework. Capitalist systems are a collection of agents, whose wills can be good or evil, and whose deeds follow the binary I described previously.
So with this in mind, the question I asked in my quick-take article was “Is there an economic system which is inherently good?” The answer is still no, but for a different reason. Capitalism, as a collection of capitalist agents, has no inherent property which is good or evil, the same way a person has no inherent property which is good or evil. A person makes good or evil choices, and capitalist agents can make good or evil choices, and so aggregated capitalist agents can effectuate good or evil outcomes through their collective actions.
The punchline still works too: If you condemn capitalism as evil, you are really condemning the culture that allows capitalist evil, which includes you. To change an evil culture requires doing non-evil acts, so I say again: Just don’t be evil.
AMDG

