Home
/
RELIGION & LIBERTY ONLINE
/
Corporations: moral, immoral, or amoral?
Corporations: moral, immoral, or amoral?
Dec 16, 2025 7:26 PM

Is the free market moral? To hear its opponents describe it, the free market is an unethical system that exploits workers, consumers and the environment to make a quick buck. To critics such as Marx, capitalism leaves “no other bond between man and man than naked self-interest,” replacing human connections with cost-benefit analyses and supply-and-demand charts.

Despite its detractors, capitalism is a system that allows for the continued growth of wealth across the globe, and to quote Jonah Goldberg of the National Review, “the best anti-poverty program ever conceived.” If one considers lifting the poor out of poverty as moral, he or she may begin to see the free market as a “moral” system after all.

Despite its material benefits to the global society, the free market in and of itself is not a moral actor. Rather, the market reflects the moral choices of consumers and producers.

The free market, simply put, is a system based on peting desires of consumers who want to use their wealth as efficiently as they can. It prised of workers who want to make the most money they can and providers who want to make the largest profit they can. Each of peting desires, like the three branches of the American government, works to offset the power of the other two. In the correct circumstances, which usually involve the state getting out of the way, this system provides for the wages and products necessary for individual and family life, as well as the capital necessary for the continued growth of business and global wealth.

Such a system is neither a panacea nor a treacherous system of exploitation in and of itself, but rather a trio peting self-interests. Even so, it is not exactly amoral, either. In a free market system, consumers have the ability to choose with whom they wish to do business, and these decisions are usually not solely based on an economic determinism of finding the best deal. Meanwhile, employees, executives and stockholders e to the table with their own scruples regarding pany’s use of capital. In short, corporations are not moral actors, but the decisions of those involved with them determine their morality.

Because of panies in the free market are mirrors of the morality and opinions of both their clientele and their decision-makers. Take, for instance, Walmart, the ubiquitous symbol of corporate efficiency. According to an article by The Wall Street Journal, Walmart has undertaken several morally-motivated actions, such as ending the sale of Confederate-themed merchandise and opposing a bill that would allow religious belief-based discrimination against LGBT customers, as a deliberate part of their CEO Doug McMillon’s plan to make Walmart the world’s “most trusted retailer.” In other words, Walmart has taken a stand on these issues not due to something inherent within pany, but rather due to bination of its CEO’s beliefs and an attempt to garner support from like-minded consumers.

Walmart’s market-based moralizing is not an outlier. Who hasn’t seen “fair trade” products advertised in their local coffee shop, or donations to a particular charity taken from the price of a good? Corporations make these decisions based on the whims of their executives, stockholders or customers, not because of an inherent sense of duty to do the right thing. In other panies seek to plish what their stakeholders see as “good,” whatever that may be.

Companies parrot the opinions of the people involved in them, and this is an ever-present reminder that the market is not by itself a wholly sufficient solution to society’s problems. Companies are not, in and of themselves, moral actors; your local fast-food franchise will not be espousing political opinions or performing philanthropy without a push from customers or decision-makers within pany.

To return to the question: Is the free market moral? The answer plicated. Corporations are the greatest mechanism for economic growth, but at their worst they also have the potential to be a severely damaging influence on society. For this reason, both decision-makers and customers have an obligation to guide the decisions of corporations. When enough customers disavow themselves from pany, it must change whatever it has done that customers find morally unacceptable, or pay an economic price. Likewise, executives and stockholders guide corporations towards doing good when their decisions have a ponent as well as fiscal. Properly understood, corporations are extraordinary tools for the growth of prosperity worldwide, but like all tools, people must make the right decisions on how to use them.

Prieur – CC-BY-SA)

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
Prayer for Vocation in Daily Work
Almighty God our heavenly Father, you declare your glory and show forth your handiwork in the heavens and in the earth: Deliver us in our various occupations from the service of self alone, that we may do the work you give us to do in truth and beauty and for mon good; for the sake of him who came among us as one who serves, your Son Jesus Christ our Lord, who lives and reigns with you and the Holy...
Politics and Religion: Getting Goofy
This is a blog, so I can say “goofy.” There are some other erudite and plex terms, but “goofy” pretty much sums up political norms at the moment. What are we thinking. Or, rather, are we thinking? The Pew Research Center for the People & the Press and the Pew Forum on Religion & Public Life just released a report titled, “Many Americans Uneasy with Mix of Religion and Politics.” Not to slight Pew’s substantive work and fully defensible conclusions,...
Tort Law on Trial
Tort reform has been on the political agenda for some time. Eric Helland and Alexander Tabarrok make a unique contribution to the debate in their new monograph, Judge and Jury: American Tort Law on Trial (Independent Institute). The first lines are clever: Recently each of us has successfully sued more than a half dozen large corporations. No, we are not outrageously rich plaintiffs’ lawyers or the attorney general of New York. In fact, neither of us even knew that we...
Just a Thought on Iran and Thorium
Passed on to me by a friend about a post last week: If a thorium reactor, among other things “created no weapons-grade by-products,” and Iran wants nuclear reactors simply “to establish plete nuclear fuel cycle to support a civilian energy program,” as it claims, perhaps we could set it up so that potentially dangerous regimes like Iran can use thorium and not uranium based nuclear reactors. As Tim Dean highlights the possibility in the Cosmos article: “Imagine the West offering...
The Real Third Rail in Politics
In this week’s Acton Commentary, Jennifer Roback Morse wonders why no one is talking about the Forbidden Topic in the Social Security debate. That taboo subject is the declining birth rate. Jennifer Roback Morse writes that “the collapse in the fertility levels, particularly striking among the most educated women in society, is a contributing factor to the insolvency of our entitlement programs.” Read the mentary here. ...
Disaster Video Gaming
Today’s WaPo has a story about Incident Commander, “a training simulator that gives players a lead role in managing crisis situations such as terrorist attacks and natural disasters.” In “A Computer Game for Real-Life Crises: Disaster Simulator’s Maker Gives It to Municipal Emergency Departments,” Mike Musgrove writes about the video game software, which was used by an Illinois paradmedic just days before he was called into duty following Hurricane Katrina. According to Musgrove, “Yesterday, on the first anniversary of Hurricane...
Entrepreneurial Welfare?
Check out Jeff Cornwall contra “entrepreneurial welfare” over at The Entrepreneurial Mind. ...
Government Money, Government Morality
Rick Ritchie has a thought-provoking post over at Old Solar, deconstructing a rather shrill WorldNetDaily article. In a piece titled, “What!? Caesar’s Money Has Strings Attached?,” Ritchie soberly observes, “When you do accept state funding, the state does have an interest in how its money is used.” The WND piece and Ritchie’s post refer to this bit of California legislation, signed into law by Gov. Arnold Schwarzenegger, which requires any educational institution that receives government support in any form, including...
Wealth, Envy, and Happiness
In the modern classic Tombstone, Wyatt Earp, played by Kurt Russell, asks Val Kilmer’s Doc Holliday why the sinister Johnny Ringo is so evil: “What makes a man like Ringo, Doc? What makes him do the things he does?” Doc’s memorable answer is, “A man like Ringo has got a great big hole, right in the middle of himself. And he can never kill enough, or steal enough, or inflict enough pain to ever fill it.” This echoes, I think,...
Acton Annual Dinner with Chuck Colson
Charles Colson, recipient of the 2006 Faith & Freedom Award In case you haven’t heard, mark your calendars and save the date for the Acton Institute’s Annual Dinner on October 26, 2006 in Grand Rapids. You can register to attend online here. Charles W. Colson will deliver remarks on the topic, “War of the Worlds,” describing the great clash of civilizations between Christianity with Islam on the one hand and with secular naturalism on the other. Mr. Colson is also...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved