Which of the following is FALSE? O According to the readings, some other moral justifications for...
Which of the following is FALSE? O According to the readings, some other moral justifications for capitalism are that it creates an incentive structure that tends to encourage people to be more productive and thus, creates a relatively large societal economic ple from which to draw benefits. The poor" under capitalist systems tend to be better off than the poor under alternative statistie, socialist, etc.) systems. Capitalism provides the poor with great potential upward mobility, Capitalism works on the basis of free wil and cholce rather than on compulsion and force. Assuming somebody was willing to take the matter to court against the city, a city like Las Vegas could not enforce a sound suppression ordinance which prohibits airplanes from taking off and landing at the airport between the hours of midnight and 7 am in the morning The professor argued that originally under the U.S. Constitution, the various states had broad regulatory authority but over time, through the US Supreme Court's interpretation of such things as the Commerce Clause, the 14th Amendment, the taxing and spending power, etc., the federal government has virtually become all-powerful, and the states almost powerless by comparison According to the readings, one moral justification for capitalism is that both parties benefit from their voluntary deal at least they will if they don't miscalculate or fall prey to the other person's fraud. The low prohibits fraud, but tends to allow people to suffer the natural consequences of their mistakes since mistakes can be great teachers, and learning from them tends to make people stronger and more careful. Thomas Edison said: "Welcome to the school of hard knocks-that's where I got my education!" A private company cannot legally discipline an employee for the negative things he was in public about the company because of that employee's 1st Amendment right to free speech.