Economic Individualism, Corporate Capitalism

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#19A ECONOMIC INDIVIDUALISM	#19B CORPORATE CAPITALISM
I believe in free market capitalism where transactions involve individuals rationally making decisions based on economic self interest. As the availability of resources, jobs, products and market conditions change, workers, employers, producers, buyers, sellers, etc. compete to maximize gain. Competition, whether for the most gain, best job, or whatever, promotes efficiency, stimulates people to work hard, innovate, and take chances. Laws and (limited!) government intervention should promote competition, protect property, serve individuals and small businesses --and corporations are people too! Since market system exchanges are voluntary, I believe the right to pursue self interest is morally defensible.	I see the dominant competitors in the modern capitalist economy as large profit-seeking corporations. Ultimately owned by individual shareholders who appoint a board of directors, such organizations are superior to individual owned small businesses in their limited liability, greater ability to obtain capital, lobby and shape government policy. While I am awed by their ability to harness the forces of production, satisfy consumers, and accumulate wealth, I wish corporate management more often pursued enlightened self interest. Beyond seeking short-term profits for share- holders, they ought to be sensitive to the needs of all their stakeholders --including workers, the community at large, the environment, etc.
WV Theme #19A: Economic Individualism	WV Theme #19B: Corporate Capitalism
--Alternate Concise Characterization with Wikipedia Entries	--Alternate Concise Characterization with Wikipedia Entries
self interest based ethics / values ethical egoism	appreciates the advantages of the corporation in setting up a business
values individualism in economic decision-making	has some understanding of corporate governance
values competition in organizing society, economic matters	recognizes productivity as key to competitiveness in the marketplace
values Market Economy	values corporate social responsibility
summary Wikipedia article: Economic Liberalism	summary Wikipedia article: Corporate Capitalism
Numerical Characterization with TFJD code: 2122	Numerical Characterization with TFJD code: 3133
Numerical Characterization with Emotional Volatility VI index: 16	Numerical Characterization with Emotional Volatility VI index: 9