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I believe in individuals and small businesses rationally behaving in a self-interest based economy (which is morally defensible!)  As availability of resources, jobs, products and market conditions change, workers, employers, producers, buyers, sellers, etc. compete to maximize gain. Competition, for the most gain, best job, or whatever, promotes efficiency, stimulates people to work hard, innovate, and take chances. Modern capitalism is built on commodification / market transactions based on the exchange values of things.

Alternate Concise Characterization with Wikipedia Entries:

self interest based ethics / values ethical egoism

values individualism in economic decision-making

values competition in organizing society, economic matters

values Market Economy  

summary Wikipedia article: Economic Liberalism

Numerical Characterization with TFJD code: 2122

Numerical Characterization with Emotional Volatility VI index: 16

Related Words, Beliefs, Background -- 39 entries                 Songs!             Discussion from The Worldview Literacy Book

other web pages related to this theme in older WV Structures, click on version you want:  version 1.0  version 2.0    version 3.0  

More to Explore -- Worldview Theme #19A: Economic Individualism

The Market System  (from online encyclopedia)
Commodity (from online encyclopedia)
Exchange Value (from online encyclopedia)
Small Business (from online encyclopedia)
Behavioral Economics (from online encyclopedia)
Informal Economy (from online encyclopedia)
The American Enterprise Institute--Economics Policy (American think tank devoted to "Freedom, Opportunity, Enterprise")
The Competitive Enterprise Institute (public policy organization devoted to "free markets and limited government")
Human Action: A Treatise on Economics by L. von Mises (on this 1966 classic book from online encyclopedia)
What is a Free Market System? 
What is a Market Economy?, by Michael Watts (on U.S. State Dept. site)
Economic Individualism, by James Fitzpatrick (Catholic perspective / critique) 
"Revisiting Sam Brownback’s tax cut disaster: How does Kansas feel about his “experiment”?" by Stephen Talbot  (post on Salon April 17 2018)
A Cambridge History of Capitalism ed. L. Neal and J. Williamson (book review  from The Economist Nov 1 2014)
Markets Over Mao: The Rise of Private Business in China by Nicholas Lardy (book review from The Economist Oct 25 2014)
"The Slumps That Shaped Modern Finance" (cover story from The Economist April 12 2014)

The Rational Optimist by Matt Ridley  (“A High Five for the Invisible Hand” by William Easterly June 11, 2010 The New York Times book review)

"The Benevolence of Self Interest" (from The Economist Dec 10 1998)
Economics A-Z Encyclopedia: Competition (sponsored by The Economist magazine)
Competition: Economics & Business Competition  (from online encyclopedia)
The Adam Smith Institute
Capitalism, by Robert Hessen (on Economics & Liberty site-- see also "Free Market" and "Competition" on this site)
Rethinking the Economics of Self Interests
Religion, Economics, and the Market Paradox
The Invisible Hook: The Hidden Economics of Pirates by Peter T. Leeson (excerpts of 2009 book at Google Books)
In Defence of Individualism (excerpt from the book from Edinburgh University Press)
The Fear of Individualism, by Tibor Machan
Gandhian Economics: The Economics of Altruism vs. the Economics of Greed
"Greed" by Julian Edney (2004 essay about the origins, nature, extent and morality of this free market force)
U.S. Financial Literacy and Education Commission

back to Theme Choices version 4.0 structure

"As you shop in "The Reality Marketplace" avoid spending your "reality cash" too early,  before you have seen everything. " 
from Coming of Age in the Global Village,  by Stephen P. Cook,  with Donella H. Meadows.