Proving that profit is economically and morally justifiable, rather than the result of exploitation, has been a central preoccupation of neoclassical economists.
Jim StanfordEveryone has an interest in the economy: in how it functions, how well it functions, and in whose interests it functions.
Jim StanfordCompetition-ruthless, unforgiving, to-the-death competition-is a crucial feature of capitalism.
Jim StanfordGrowth can also involve producing services instead of goods. In particular, a major expansion of public and caring services (like child care, education, elder care, and other life-affirming programs) would generate huge increases in GDP and incomes, with virtually no impact on the environment.
Jim Stanford