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Of course there are downsides to greed, but as a driving force of human action it's good because it's relatable, identifiable, and can be regulated. Society ge
by zozin 5y ago
Of course there are downsides to greed, but as a driving force of human action it's good because it's relatable, identifiable, and can be regulated. Society gets to dictate how much greed is okay, not private industries. We decided long ago that killing out of greed is bad for society, so that's why we punish murder. The same thing with stealing, fraud, etc. In a complete vacuum you would no doubt have companies killing competing CEOs or destroying a competitor's property or lying constantly, but we don't live in vacuum. We live in a society curtailed by laws and regulations. So far we have had very little pushback against addictive apps, that will soon change.
- munk-a 5y agoNo - just because you're a predicatable asshole doesn't make you not an asshole. I don't disagree that whenever possible we should create laws that prevent selfish behavior from being a winning move but the economy moves quickly and exploiting new economic ideas for greed is still a dick move.