this post was submitted on 11 Dec 2023
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Wherever there is a need there is potential for exploitation by greed. Of course capitalists without a leash are going to wreak havoc on everything.
Capitalism by definition is about exploiting labor and extracting wealth. Commerce is the ethical application of purchasing goods and services.
I think the ethical part may have to do with the following from Wikipedia on commerce:
I do not see how the commercial part is necessary for the distribution of goods though and recognize it as the main culprit in making such a system unethical. I.e., supplying needs is good and necessary, however a commercial platform is not.