Replying to Avatar Michael Matulef

"It’s true: greed has had a very bad press. I frankly don’t see anything wrong with greed. I think that the people who are always attacking greed would be more consistent with their position if they refused their next salary increase. I don’t see even the most Left-Wing scholar in this country scornfully burning his salary check. In other words, “greed” simply means that you are trying to relieve the nature-given scarcity that man was born with. Greed will continue until the Garden of Eden arrives, when everything is superabundant, and we don’t have to worry about economics at all. We haven’t of course reached that point yet; we haven’t reached the point where everybody is burning his salary increases, or salary checks in general."

https://mises.org/mises-wire/unleashing-power-greed-how-free-market-propels-progress

15
Change this if you want 1y ago

Greed has some positive and negative impacts but I think once the 🌍 will be on the bitcoin standard it’s will be more balanced since the wealth will be distributed accordingly and not within the govt monopoly that we have rn

Reply to this note

Please Login to reply.

Discussion

Avatar
Michael Matulef 1y ago

🤝

"When greed operates outside the bounds of ethical principles and voluntary exchange, it poses a significant threat to the fundamental principles that underpin a free market system."

Thread collapsed