Social Darwinism has led to the collapse of moral and ethical values. When a society undergoes moral degeneration, the economy turns into savage capitalism in which the poor and oppressed and the marginalized do not receive any aid, assistance or social justice. Injustice is not seen as a problem but as part of a natural law. Savage capitalism does not protect weaker firms (and weaker individuals) against the risk of being subdued, exploited and eliminated. This philosophy is summed up in the saying “the big fish eats the smaller one”. Social Darwinism provided a scientific basis for savage capitalism, and savage capitalism still governs the global economy.

 

The Vital Needs Theory - page 76

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