Gordon Gekko!
February 6, 2009
The point is, ladies and gentleman, that greed, for lack of a better word, is good. Greed is right, greed works. Greed clarifies, cuts through, and captures the essence of the evolutionary spirit. Greed, in all of its forms; greed for life, for money, for love, knowledge has marked the upward surge of mankind. And greed, you mark my words, will not only save Teldar Paper, but that other malfunctioning corporation called the USA. Thank you very much.
Yes, that was an actual speech delivered by Gordon Gekko, in a movie. haha Entitled Wall Street. I believe that this is still true today. Unfortunately, greed as a liberator or clarifier or simplifier should be harnessed and focused. It should not run riot in the systems of profit and loss currently available to man. It should be guided, nay, wielded with much care and aptitude. Greed is good, but too much of it can be catastrophic. I’ll post this here, and in my other blog.
Albeit with different thrusts of course.
Here I’ll discuss greed as a tool for economics in the other I’ll try to take it on as a way of thinking.
As Mr. Gekko said, greed is good. From a business standpoint its great! Too many consumers, too addicted to what I have. This equals humongous profits, which in turn creates a trickle down effect (hopefully) to those who have no capacity to own capital but are employed by the firm or the enterprise.
Normally an enterprise will operate with a combination of capital and labor. What I’m driving at here is that the owners will benefit the most and through the employment of human workers we can all support each other. The more money a company makes, the better for its employees! It is a sure fire way of getting everyone out of a slump!
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