Chair, my apologies for the delay:
Are you aware which economic philosophy goes more or less along those lines? It has been a dismal failure everywhere it has been tried.
I'll address this below.
Also, please note that pure capitalism doesn't exist. Trade unions have power. There are minimum wages, various safety nets and the like.
"Pure" capitalism may or may not exist. The capitalist spirit most certainly does exist, as may be ascertained from a simple survey of opinions of those who identify as a Republican or otherwise as an economic conservative. More on this below.
I suppose only Catholic Communists are moral...
1. Both communism and capitalism are opposed to the Catholic faith.
Have we not heard Pope Francis repeatedly decrying capitalism throughout his tenure as pope? Yet, he is no communist.
2. Both communism and capitalism are opposed to the dignity of the human being. As Jacques Maritain rightly insists, both communism and capitalism, at their very core, set up for themselves a false worldview, a false anthropology.
Communism is, at its core, atheistic and materialistic. Though it claims to seek man's liberation, it seeks the liberation, not of men, but of Man. To humanity in general it subjects the individual to the cruelest inhumanities. It claims the whole human being for itself in its totalitarian grip. At its core, communism offends against human dignity and personhood.
Likewise does capitalism. Whereas communism demands that the individual sell his soul for all of humanity (and, at the very least, communism so recognizes that much of man's dignity, that if he is to be sacrificed, it must be for an apparently worthy end), the capitalist demands that the individual sell himself for a factory owner, for the bourgeois bottom line, for earthly mammon.
Yes, communism sells out the individual. But consider how immense the price tag is, of which the individual is currency for exchange! Capitalism sells out the individual for peanuts.
At any rate, neither capitalism nor capitalism recognize the dignity of the human person, of the plain truth that the economy ultimately is for the good of the human person, the human being, and not the other way around. They both deny man's intrinsic dignity, value and worth insofar as he is a person.
I wonder how old you are. You have the naive approach of a 16 year old to the world.
Old enough to be working on a dissertation proposal. :idunno: