Misc. All those mirrors in TRP?

[Ian Livingston]

I think the key element to your statement here, Michael, is that greed
is a tragic flaw. Of course, tragic flaws occur only in protagonists,
and the greedy and those who honor them consider themselves the
protagonists. Naturally, we all think we are the protagonist and that
which we act within includes those others who divert us from our goal
of doing good according to our understanding of what good is. Yes, the
Ayn Rand type is essential to contemporary capitalism--those who will
take any and all money from whatever source to serve their personal
sense of power, which, to them, is the ability to accomplish what they
think is right. What constitutes healthy acquisitiveness in
capitalism? what constitutes greed? I think the answer to that
differentiation will depend upon who you consult. My question is when
does capitalism serve society? Capitalists employ people, yes, but so
do socialists; and socialists seek (theoretically) to assure that all
thus employed earn a fair wage. Is there evidence that fair wages for
workers is a priority in capitalism?

So, what constitutes 'greed'? (Then again, what constitutes 'fair'?)
And who decides who is a bull and who is a pig?

On Tue, Jan 25, 2011 at 8:01 PM, Michael Bailey
<michael.lee.bailey at gmail.com> wrote:
> didn't greed, even within the movie Wall Street with the famous line
> about it being good, never stop being a tragic flaw? it is still
> widely recognized as such, even within capitalism: "bears make money,
> bulls make money - pigs get slaughtered"
>



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