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Politics : High Tolerance Plasticity
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To: stockman_scott who wrote (15889)8/8/2002 12:26:24 PM
From: whitepine  Read Replies (1) of 23153
 
Scott,
Wall Street was a great movie. Greed is good, with one caveat, that it motivates legal behavior. What is the difference in the motivation of XOM and the poor Missoura dirt farmer? Answer: nothing. IF the dirt farmer, or any other capitalist for that matter, could make a million or even a billion by selling the back 40, would s/he do it? Yes. Problem is s/he can't. It is a problem of market power, not motivation. Perhaps you might read Adam Smith for a review of the paradox of greed and markets...and how they produce lower prices and economic progress for the average consumer. In the main, this is still the case. Wal-Mart has done more for the working class than any liberal do-gooder with its practice of low prices.

Regards,
whitepine
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