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Originally Posted by medaille  There is no correlation between quality of life and the strength of the economy (measured in GDP). You could just have equivalently stated that greed encourages outsourcing and the loss of jobs. The trickle-down effect is propaganda and not accurate at all. Greed also caused the employees for Enron severe hardship and the people of California to suffer rolling blackouts and the resulting economic losses. |
You’re using one extreme example of how greed also causes people a few problems. What about the hundreds of thousands of other businesses that run the economy and make up the world we live in? The executives from Enron don’t exactly represent all Greedy people, just the few crooked ones.
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Originally Posted by medaille Huh? What you're saying is that wanting to be good at stuff is greedy?
Mostly, I think the Greed is Good crowd is just misdefining the word greed. |
What would you call it then? Is it not a “form of greed”, I don’t really think I am disdaining the word here. I think that the Anti-greed crowd doesn’t like to admit the fact that there are positives that come with it.
I’m not saying that people who think greed is bad are communist, but without it where is the motivation? Enlightened Self-Interest is just not enough to make a difference for people these days
Also, the title of my list was reasons Greed was *Favorable*, which doesn’t necessarily mean it is “morally or ethically good”.