This is really the essence of capitalism. However since human nature is what it is, greed must be managed, otherwise this present crisis would be like a children’s tea party compared, to what it could be, if it were allowd a free reign.
Apparently Capitalism is the only system that works. However if we do not regulate it with a firm hand, corruption will set in. There is a saying in Spanish “With enough money even a saint can be corrupted”, actually it is much much stronger than this but it will have to suffice, in other words everyone has a price. Undoubtetly this has become more than evident with the present problems such as “MR. MADE-OFF to say nothing of Enron and others of the same ilk.
This has come to pass because of monumental greed on the part of our captains of industry and prominent financiers, bankers, politicians and every Tom Dick and Harry with a silver tongue.
We must not however forget the man in the street. His greed is just as great as the afore-mentioned pillars of society but the circumstances are different. He can’t get his hands on as much loot as the others therefore his ambitions are rather more limited. But the priciple is just as valid.
More stringent rules and regulations are required, perhaps we should take a leaf out of the Qur’an.
I would be a pity to see so many one handed individuals
Salutary none the less!
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This entry was posted on December 19, 2008 at 8:58 pm and is filed under ANALYSIS, Current Affairs, Passing Comments, REFLECTIONS, THE WAY OF THE WORLD. You can follow any responses to this entry through the RSS 2.0 feed.
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Greed is Good!
Apparently Capitalism is the only system that works. However if we do not regulate it with a firm hand, corruption will set in. There is a saying in Spanish “With enough money even a saint can be corrupted”, actually it is much much stronger than this but it will have to suffice, in other words everyone has a price. Undoubtetly this has become more than evident with the present problems such as “MR. MADE-OFF to say nothing of Enron and others of the same ilk.
This has come to pass because of monumental greed on the part of our captains of industry and prominent financiers, bankers, politicians and every Tom Dick and Harry with a silver tongue.
We must not however forget the man in the street. His greed is just as great as the afore-mentioned pillars of society but the circumstances are different. He can’t get his hands on as much loot as the others therefore his ambitions are rather more limited. But the priciple is just as valid.
More stringent rules and regulations are required, perhaps we should take a leaf out of the Qur’an.
I would be a pity to see so many one handed individuals
Salutary none the less!
Like this:
Related
This entry was posted on December 19, 2008 at 8:58 pm and is filed under ANALYSIS, Current Affairs, Passing Comments, REFLECTIONS, THE WAY OF THE WORLD. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.