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Perhaps it is a bit exaggerated but I don't think anyone would argue with a straight face that GS does more good in the world than Google. To me this is a ques
by lingben 13y ago
Perhaps it is a bit exaggerated but I don't think anyone would argue with a straight face that GS does more good in the world than Google.
To me this is a question not of intelligence, IQ, or ability but rather morals and soul. There are so many great individuals who propelled the world forward into a better state because they make a conscious decision to use their gifts for the betterment of fellow human beings.
Goldman Sachs' culture does NOT encourage that. In fact, if you have even a tiny amount of that within you, it will crush it with the power of a thousand black holes.
- sliverstorm 13y agoIf GS does more harm that Google, perhaps that is a reason to go work for, and try to fix, GS?
- lingben 13y agoThat is certainly a noble sentiment however from a practical point of view I doubt that you would have any effect considering that they are a massive company employing 33,000 people around the world. Also, the culture is set from the top-down so unless your plan is to penetrate Goldman Sachs with a fifth-column cadre that would somehow climb the corporate ladder continuously - while miraculously not losing sight of their real goal! - to one day be able to enact change from the top down, I don't know how you could possibly succeed in making even the smallest dent from your position as a corporate 'peon'.
- derefr 13y agoDang. Where can you work when the culture is "we compete to get horribly rich by making the world a better place," then?
- jackbravo 13y agoSounds to me like the same thing happens in politics. At least in Mexico it seems only the greedy and self-interested people get involved in politics, when in fact politics should be an area where people with more interest in the public wellness than their own should be.
- CoolGuySteve 13y agoNot Google, but I did move from Apple to GS. At Apple I felt like I was making toys for first world adults. Nothing I did really did much to improve the situation of anyone unless they were interested in renting movies on iTunes. Whereas at GS, I was writing software to sell municipal and corporate bonds. Companies and city infrastructure were funded more cheaply as a direct consequence of my work. There was simply no comparison between the two, my work for GS was far better for society.
- lingben 13y agoYou may find the work more rewarding personally but I seriously doubt that GS is due any credit for it. If any good comes from work done by GS it is certainly a by-product that simply can't be helped.
- austinz 13y agoYou bring up a good point, though. There's a spectrum of financial industry activity, ranging from stuff necessary for the modern economy to function to stuff that many observers would consider dangerous, irresponsible, immoral, and rent-seeking. Maybe Goldman Sachs touches every part of that continuum, maybe it doesn't - I don't know.