Wall Street Journal Argues Greed is Still Good
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Anyone who thinks greed is good needs to be sent to a mental institution. Greed brought down the economies and produced the great recession, 1970s-1980s energy crisis, early 90s recession, Enron/Worldcom scandal in 2002 and now the recent financial crisis.
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Go buy the "Flame Of Fire" song by trektotrango at itunes for flippen .99 cents and you just discovered the only solution to this age-old problem, you can watch a snippet video of the song at the link at the bottom of this post.
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What you said is totally correct. I think all public companies have the same attitude. It's not our money. It's other people's money. Private companies used to be careful because it was the owner's money. Now why not bet the farm. If we win we make a lot of money. If we lose, the stockholders lose and we go get a job somewhere else and do the same thing over and over again.
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Cenk sucks at his job (I mean just look at the weak 11K views this video has) and yet he still gets paid.
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@CrazyBrah21 Not to point out that Greed undisputedly is one of the worst sins, but there is a reason why Greed is such a capital sin
Greed aspires to the easiest route to "happiness" in any way possible. If there for example is a possibility to buy an academic degree rather than learning the skills required, buying is preferable.
If a company with monopoly (via competitive elimination) wants to raise the price and lower the quality of their service, they will
Greed is unethical and unpatriotic
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The point is, ladies and gentlemen, that Greed, for the 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.
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Communist fucks
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lol...."The system has become more complex"
WRONG
The system has become more CORRUPT
resourcebasedeconomY 2 years ago 15
Well if they really respond strongly to incentives how about cutting their pay and/or firing them?
That should be a good INCENTIVE not to pull this kind of unethical manipulation on clients, shareholders, taxpayers and the government in the future.
BobfromSydney 2 years ago 9