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Friday
Apr222011

Greed

Greed, Gordon Gekko's famous aphorism notwithstanding, is not popular.

I don't see this as a passing thing. It's one of the Seven Deadly Sins, after all. (The other six are gluttony, sloth, envy, wrath, pride and lust).

But some of us need to remember that being motivated by economic factors is not the same as greed. That is so, even when those so motivated are not "on the bread-line" or anywhere near it.

An obsessive revulsion from such motivation (misdescribed as "greed") may well inhibit economic progress of benefit to everyone.