Share Tweet Pocket Add to Bookmarks
You're reading: Digital Tonto: Is greed really good?

It was based on something high-flying financier Ivan Boesky
said shortly before he was exposed as a fraud and sent to prison.
 Nevertheless, we bought into it then and the sentiment resonates even
now.  George Bush, after all, encouraged us to shop in the face of
adversity.

But is greed really good?  Does it capture the “essence of the
evolutionary spirit?  Is Geckoism a hardheaded, pragmatic approach or
utter nonsense?  These were serious questions a generation ago, but they
have long been answered.  The truth is that while greed might work in
the movies, in the real world it’s simply naive.

Few people ever thought that greed was an admirable personal quality,
merely that it worked for society as a whole.  However, that notion was
always somewhat disingenuous. The word greed has negative connotations
because it implies taking more than your fair share.  The idea was that
by doing something personally bad you can do a public good.

Exclusive article

Sign up or subscribe to view more articles.
See All Plans
$5.95
Monthly plan
Get unlimited article access, anytime, anywhere.

Subscribe
$60
Yearly plan
Access all the exclusive content on KyivPost.com and the complete online archive.
Subscribe
Advertisement

Add comment

Sorry, you must be logged in to post a comment.
Attention

Add a picture
Choose file
Add a quote
Attention

Are you sure you want to delete your comment?

Attention

Are you sure you want to delete all user's comments?

Attention

Are you sure you want to unapprove user's comment?

Attention

Are you sure you want to move to spam user's comment?

Attention

Are you sure you want to move to trash user's comment?

Spelling error report

The following text will be sent to our editors: