Comment on Roblox is a problem — but it’s a symptom of something worse
sculd@beehaw.org 15 hours agoI would like to point out that Adam Smith “did not” suggest wealth = virtue. Wealth of Nations even have a whole book devoted to morality.
The current trend of equaling wealth to virtue came from Puritanism, Calvinism, which evolved into neo-liberalism now.
For more information about Puritanism and Calvinism and their relationship with capitalism, please refer to The Protestant Ethic and the Spirit of Capitalism by Max Weber.
Glide@lemmy.ca 5 hours ago
He did not explicity state this, no. But the entire premise of the invisible hand metaphor is to show that a core function of the capitalist system is that it moves wealth to those that bring good to their society. The natural inference from this is that wealth is representative of virtue, ie, if Roblox was doing net bad things, it wouldn’t be worth millions.
Don’t get me wrong, fuck the various Catholic attempts to justify wealth as a virtue too, but the issue is as prevalent in the secular world as it is in the non-secular.