“Moral Criticisms of the Market” Article by Ewert

The article written by Ken S. Ewert emphasizes the difference in the free market’s perceptions expressed by the Christian community and the government. From his point of view, the reason for it is in the ways to measure economic systems applied by the two actors. The latter based their judgment on the failure to control the processes, whereas the former insisted on continuing this policy as per moral considerations (Ewert, 1989). Since the authorities’ views are underpinned by actual data in contrast to the belief of Christians in illusive standards, I tend to agree with the critique presented in this publication.

The main circumstance defining this stance is the inaccuracy of the facts presented by the supporters of socialism. They claim that this approach is merely selfish, while this outcome is not a necessary condition for the existence of a free market (Ewert, 1989). In this situation, self-directedness does not fully correlate with the mentioned focus on individual needs instead of society as a whole. The arguments reflecting materialism and impersonalism also seem inconsistent due to the unstable demand and the absence of efforts to encourage people to be guided solely by profits (Ewert, 1989). Hence, the author’s position is defined by reliable evidence, which adds credibility to his opinion.

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The same applies to the considerations of the community good, which is not an obstacle to it. On the contrary, it can be considered as an instrument for uniting people with similar business interests. It is clear that such views seem innovative for the society of the time, but they are sufficiently underpinned by research and intended to improve everyone’s well-being. Thus, it is sometimes necessary to adopt new models instead of clinging to the old ways, which are less beneficial in any aspect.

Reference

Ewert, K. S. (1989). Moral criticisms of the market. Foundation for Economic Education.

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