http://www.youtube.com/watch?v=Sq_9xr4rrZ0&feature=related
"Greed, for lack of a better word, is good. Greed is right. Greed works. Greed cuts through and captures the essence of evolutionary spirit."
This is a scene from the film "Wall Street", a story of a young stockbroker named Bud, once succeeded with the backing of a powerful and greedy gentleman named Gekko.
Gekko had a speech as the biggest share holder in front of the company managements, and showed his philosophy of greed.
This represents one extreme side of capitalism. Greed shapes the world better, as the great economist Adam Smith had said in his famous work "The wealth of nations". However, in this film, Bud was finally arrested for his violating federal securities laws. And, though it stayed ambiguous in the film, Gekko could be arrested for Bud's cooperation with the federal authorities. I don't know. Gekko also could escape from being arrested. His greediness would urge him to take every conceivable means. The conclusion depends on your imagination.
I hope he will be arrested if it were a real story. The economy system should be kept healthy. Greed could be good, as Gekko said. You can rack your brains to invent some revolutionary way to earn, and the way you invented could maximize the utility of individuals. That's a contribution to the society. That's what the system should be.
What now people need would be a more realistic way of "greed management" that assures healthy and sustainable development.
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