The individualism view of capitalism assumes that individuals are inherently self-serving,but neither decent nor rational.

Question

Quizplus · Accepted Answer

The individualism view of capitalism does assume that individuals are inherently self-serving, but it also often assumes that they are rational, using their self-interest to make decisions that benefit themselves, which can also lead to the overall benefit of society. It does not inherently assume individuals are neither decent nor rational.

The Individualism View of Capitalism Assumes That Individuals Are Inherently