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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: DMaA who wrote (486331)5/8/2012 11:11:26 PM
From: Stan1 Recommendation  Read Replies (1) | Respond to of 793897
 
I agree with that. Self interest is needed for survival but it also does not impinge on the rights or well-being of others, especially those who have to trust them - only greed does that. Greed is unrestrained desire. Eternity isn't enough time for it to be satisfied and the world doesn't contain enough money to quench it. Banks had, once upon a time, a simple community service mission - secure depositors' money at a modest interest rate and lend it out to qualified borrowers at a greater interest rate. The spread is their earnings. Am I missing something?



To: DMaA who wrote (486331)5/9/2012 1:56:16 AM
From: LindyBill1 Recommendation  Read Replies (2) | Respond to of 793897
 
I am blocked trying to explain this rationally

It's just a matter of defining your terms. My position is that acting in your own self interest is best stated as "pursuing your own happiness."

"Greed" is your perception of when anyone is too strong in pursuing their own happiness.

One man's "greed" is another man's "pursuing his own happiness."

Your problem is that in both cases above the action can be moral.


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