Greed

Reading the commentaries and opinions of various people on the collapse of Enron was a salutary lesson to me in how prejudice and ignorance so easily taints one’s conclusions about the world around them. To wit, I am referring to those critics of capitalism who are gleefully telling us how the loss of Enron jobs and retirement funds is a proof of the failure of the capitalist system. Or, as they often try to drum into us, capitalism equals greed equals capitalism. Well, I think reality check time has arrived and we ought to remind ourselves of a basic but … Continue reading Greed