Well, of course they are! Why? Because WE are moral beings. It´s actually as simple as that. Anti-capitalists and socialists always talk about the greed of capitalism. Well, this "greed" is actually better described as self-interest. Capitalism is the best available platform where an individual can most efficiently pursue his or her happiness.
You might now be thinking that this leads to a society build on selfishness and not caring for our fellow human being, but this is not the case! Because through evolution, our best self interest is almost always dependent on the best possible outcome for others, mainly those in our closest circle.
Many of us have imagined, at one point or another, what it would be like to win the lottery. We start fantasizing what we would do with the money. Now, ask yourself, has your imaginary actions with that money been strictly self-centered, so much that it excludes anyone else? Of course not. You might imagine that you will buy a home for your mother, or that you´ll take your girlfriend on a cruise, or that you will build a amusement center for kids. Few of us, if any, would ever imagine to do things by ourselves, like an old Scrooge. Me being happy is dependent on those around me being happy.
This principle works in capitalism as well. For Bill Gates to gain the most possible wealth, Microsoft has to deliver the best possible software at the least possible cost for the consumers. Thanks to a competitive market, he is forced to do so, since the people who would provide him with the wealth could otherwise turn to his competitors. It is by keeping the consumers, you and me, happy by providing the best product at the least possible cost, that Bill Gates can be as wealthy as he is. His self-interest is therefore dependent on our happiness.
It is when this principle of FREE market is abolished that we don´t see this outcome. When bureaucratic interference with the market allows companies to work around this fundamental principle of capitalism, things start to go wrong. When businesses receive subsidies from the government, they are protected from competition, and those who suffer are the consumers, i.e you and me. An example of this was when Reagan, that supposed hero of free market capitalism, saw that Harley Davidson, a domestic company, could not provide the average American worker with the best motorcycles to the lowest price when confronted with competition from Japanese manufacturers, and therefore raised the tariffs on import of motorcycles from 4.4% to a staggering 49.4%. Who suffered? The American consumers who were no longer able to buy foreign motorcycles cheaper. This is one of millions of examples that can be given where governmental interference in the market hurts the people when trying to protect the companies.
Maybe the most recent example of this is the current recession. When politicians start promising the voters that they will all be able to afford new houses, as if this was somehow the right of everyone, we should not be cheering, we should be suspicious. Because the housing market, like any other market, should be of no business of bureaucrats who know nothing of its system. So when the government started forcing banks to lower their cred-criteria, and lending money to people who couldn´t afford to pay it back, the market could not function and the bubble exploded, leaving us in this current mess.
What will happen if the market is allowed to function without the government trying to control it, then? Well, look at Hong Kong. The market has flourished and the people can take advantage of massive improvements in technology, health care, education and so forth. But why would we ever want politicians trying to control the market??? Ask yourself this:
You´re going to fly with an Airline. Who would you want to control whether or not it is safe to fly with that specific airline, a government bureaucrat who, if he makes mistakes might loose his job, or the people working for that Airline, who if they make a mistake will loose their lives, their loved ones and the reputations of that Airline? Who has most to gain or loose? This is how the market works, it is self-regulatory. Because companies are driven by self-interest, they are very sensitive to the interest of their customers, you and me. And that is how the market is moral!
All the best