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Monday 29 September 2014

Is Greed Good For the Goal of Improving Society? - Ziad Abdelnour

Remember the infamous quote of villain financier Gordon Gekko in the movie Wall Street...back in 1987?

"I am not a destroyer of companies. I am a liberator of them! 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".

I guess in this context, Gekko is using "greed" to define the constant desire for more, whether someone else has it or not.  He likens it to an evolutionary drive, that the need for more makes us figure out how to get it faster, more efficiently, and ultimately, easier.  And that this, in turn, results in benefits to everyone.

Read More:  Is Greed Good For the Goal of Improving Society? - Ziad Abdelnour

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