Question: Among the positions put forth by Michael Moffit, includes the idea that capitalism is not just one thing. As such, different outcomes are intended and
Among the positions put forth by Michael Moffit, includes the idea that "capitalism" is not just one thing. As such, different outcomes are intended and different rules apply. For example, in Western Capitalism, the end game in the "for-profit" publicly traded arena is to maximize shareholder value. In more of an "eastern" brand of capitalism, the various stakeholders share more of an "equal" footing ... which is to say that the shareholders are not singled out as they are in Western capitalism.
What are the drivers for these two remarkably different systems?
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