The Moral Psychology of Capitalism
by Andreas Saugstad
The economic system dominating the world today is capitalism. When the Berlin Wall fell and Gorbachev started his Perestroika in the 1980ies, something joyful happened: the world was released from oppressive communism and an oppressive use of ideology. At the same time, however, a side-effect of this seems to have been a renewed focus on capitalism as an economic and social order, and the Americanization of the world could continue at greater pace than ever. Capitalism is now not just an American phenomenon: we find it more or less in Europe, Russia, China and South America. How does capitalism affect us? What is its impact on ethics and morality? What is the relation of capitalism to moral psychology?
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