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corporate greed


The current fixation on 'corporate scandals' is interesting on some level... Why does everybody act so surprised? Capitalism without restraint is even worse than "survival of the fittest," it's "survival of the few that control money and/or information." Positive feedback loops grow unchecked without government intervention (and then come crashing down just as spectacularly).

And every time I hear about a new 'corporate scandal' I see Gordon Gekko in his thousand-dollar suit, his oiled hair, saying "Greed is good. Greed works" Oliver Stone certainly nailed it in Wall Street...

Categories: personal
Posted by diego on July 14 2002 at 11:11 AM

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