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Is Greed inherintly bad, good, or both

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posted on Dec, 27 2015 @ 05:08 PM
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a reply to: BombDefined

No, sir I just chose the first definition that came up on the search. I understand what you're saying about the excessive, but where do we draw the line, and what do we consider excessive...




posted on Dec, 27 2015 @ 05:16 PM
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a reply to: Chickensalad

That doesn't have anything to do with you saying that Maslow's Hierarchy of Needs is based on greed--which it is most-certainly not. Greed isn't the same as need. Greed hurts others for your own benefit. Like I said, it could save your life. It's the opposite of being altruistic. So, it's neither good nor bad. It's subjective.

Needs are things you cannot do without. That's what the Hierarchy is all about.

Greed is having all of those things and not being satisfied--ie. despair.
edit on 27-12-2015 by rukia because: (no reason given)



posted on Dec, 27 2015 @ 05:24 PM
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originally posted by: Chickensalad
a reply to: BombDefined

No, sir I just chose the first definition that came up on the search. I understand what you're saying about the excessive, but where do we draw the line, and what do we consider excessive...


These discussions do inevitably devolve into semantics. It is both the source of the initial confusion and the only recourse to clarification.

That is to say, it is much easier to have this discussion if we don't have this discussion.

I wouldn't expect most socialists to entertain the idea of watching Stossel. From their perspective he is a turncoat.

However, many undecided minds will be enlightened by his perspective so it isn't futile.

Thanks for bringing it here.




posted on Dec, 27 2015 @ 05:29 PM
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a reply to: rukia

They're perceived needs based on the individual, those 'needs' are also subjective. It's the selfishness of the individual that drives the feeling of 'need'.

Again, I nor anybody else can really dictate to another when they have 'enough'.

Its an ethical question that should be addressed by our society.

I don't think that even all of us in this thread could agree on where greed begins.



posted on Dec, 27 2015 @ 05:31 PM
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a reply to: greencmp

Thinks for adding to the conversation, I must admit, I'm pretty hungover from the night before, so my mind isn't even on point today.

edit on 27-12-2015 by Chickensalad because: (no reason given)



posted on Dec, 27 2015 @ 05:34 PM
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a reply to: greencmp

well, in the case of the teachers that flew the coop a few years ago,
they couldn't live comfortably on their salaries...not extravagantly, just comfortably.
I would like to say something about the videos that the op posted though....
I think there's kind of a misconception on behalf of stossel....
for instance when talking about the life guard training company, I think if the company was truly greedy, they would have saved their profits instead of spying on the lifeguards that they trained. greed would cause companies cut costs, keep their profits, ect....like the smalll group with the bowl filled with the dollar bills..... it took some times for the group to realize that it would be better to say no to that greed, leave a few dollars in the bowl and in effect, invest it, and watch it make more money for them at a future date. if you look around, you can find many instances where businesses inability to say no to the idea of satisfying their greed today, and instead invest in tomorrow has cause major problems. not just for others but for themselves also.

greed in it's raw form will cause people to act contrary to their own well being if left unchecked by wisdom and knowledge.



posted on Dec, 27 2015 @ 05:35 PM
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a reply to: Chickensalad

Excessive means 'too much'.

I assume you got your definition from here (the first link via google). If so, thats the 'simple' definition, not the more accurate one given the next line below...

If greed is 'too much' then it is bad. Perhaps simply 'selfishness' rather than 'greed' is more appropriate?



posted on Dec, 27 2015 @ 05:45 PM
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originally posted by: Chickensalad
Is Greed inherintly bad, good, or both

Is leprosy inherently 'good' or 'bad' or 'both'?
A 'vice' is called a vice because it is unhealthy, like leprosy.
It is not 'good' or 'bad';
ALL 'values', all 'judgments', exist in the vanity of the imagination of the beholder!
No one ever put a leprosy bug under a microscope and found 'good' or 'bad' (inherently)!
Such vain judgments are in those who vainly judge such things!
It is in us!

"We don't see the world as it is, we see it as we are!"

All 'vices' are illness, painful, toxic, destructive!
That is not 'good' or 'bad', it simply is!

All health is based on unconditional Love; mental, physical, emotional, spiritual!

True, unconditional Love is ALWAYS recognized by It's unconditional Virtues; Compassion, Empathy, Sympathy, Gratitude, Humility, Charity (charity is never taking more than your share of anything, ever!), Honesty, Happiness, Faith...
ALWAYS!

All 'vices' are symptomatic of the lack of such a state of health!
Like leprosy.
The bug isn't 'evil', but it makes your life rather miserable when you share the same turf! *__-



posted on Dec, 27 2015 @ 05:54 PM
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originally posted by: dawnstar
a reply to: greencmp

well, in the case of the teachers that flew the coop a few years ago,
they couldn't live comfortably on their salaries...not extravagantly, just comfortably.
I would like to say something about the videos that the op posted though....
I think there's kind of a misconception on behalf of stossel....
for instance when talking about the life guard training company, I think if the company was truly greedy, they would have saved their profits instead of spying on the lifeguards that they trained. greed would cause companies cut costs, keep their profits, ect....like the smalll group with the bowl filled with the dollar bills..... it took some times for the group to realize that it would be better to say no to that greed, leave a few dollars in the bowl and in effect, invest it, and watch it make more money for them at a future date. if you look around, you can find many instances where businesses inability to say no to the idea of satisfying their greed today, and instead invest in tomorrow has cause major problems. not just for others but for themselves also.

greed in it's raw form will cause people to act contrary to their own well being if left unchecked by wisdom and knowledge.



What is wise for a successful enterprise to do with profit is to reinvest it into making products which satisfy the most urgent needs of people, needs which are communicated by the willingness of people to pay more for them. That may or may not be to continue the original enterprise, it may be to switch to a completely different one, one which offers a greater profit for the investment of the capital.

The more efficacious the investment, the greater the return and, therefore, the greater capacity to renew the process.

Conversely, socialism consumes capital, there is no return and, therefore, a reduced capacity to provide needed products and services. With no motivation to improve, no improvement is made.

The truth is that only capitalism is capable of punishing greed. If you are greedy (or inept, untimely, inefficient, etc.) and do not provide needed products and services, you will starve.



posted on Dec, 27 2015 @ 06:03 PM
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a reply to: greencmp

and yet, it seems that "capitalism" in today's america has forgotten the sound principle that ford practiced, which was to pay the employees enough so that they can afford their products....greed....
and because they have done this, many have in effect made those socialistic programs necessary in the country and let themselves become dependent on them themselves...
I thought we were talking about greed here, not socialism/capitalism...
of which at the present time, the average american isn't enjoying the benefits of either although our system seems to be a hybrid of the two.



posted on Dec, 27 2015 @ 06:15 PM
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a reply to: dawnstar

I think this discussion is about the merits and caveats inherent in economic systems as they relate to human action.

What we have is interventionism, neither capitalism nor socialism. All western nations have been endeavoring to realize sozialpolitic for over a century.

There is no hybrid system, only steps toward socialism by hampering capitalism. All of the evils attributed to capitalism are actually outcomes resulting from that destructive process.



posted on Dec, 27 2015 @ 06:24 PM
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a reply to: greencmp

guess it would come down to which came first, the chicken or the egg type of thing...
I would propose that human labor has been exploited far longer than gov'ts have been interferring with businesses and such. after all how old is slavery?? I kind of think that history shows that if industry and business were left to their own devices, there would be much more proverty in the world.



posted on Dec, 27 2015 @ 06:28 PM
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a reply to: dawnstar

Liberalism was the impetus for emancipation, institutionalized slavery was completely dependent upon government and its prevalence only waned when government was prevented from continuing to support it.



posted on Dec, 27 2015 @ 06:48 PM
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Less greed leaves more room for compassion.

More compassion leaves less time for greed.



posted on Dec, 27 2015 @ 09:47 PM
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I wouldn't call it greed, but it is the profit motive that drives innovation. When you remove the profit motive, you often get poor service. This is why unions, government run services, etc tend to be bad in business. They lack the profit motive that drives good service.

IMHO, greed is when you allow the love of profits to override your ethical and moral compass. For example, when people commit fraud, cheat, etc.



posted on Dec, 27 2015 @ 10:20 PM
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Drs. and nurses used to go into the trade because they liked to help others. Although there are a few that still do that, most do it for the good money it pays. When I was in College I had the course which the instructor referred to as economics of being a doctor. It was about building clients and increasing the need of the medical fields to expand their numbers. It was already about getting rich back in 75. It hasn't changed and the need for the medical jobs has increased a lot. Greed has actually created jobs in this field.

But does creating jobs in the medical field actually mean that we will remain sicker longer? Will the doctor send you to the right specialist right away? That is the problem, many times you are sent for the wrong tests.

I worked in places where greed was needed to get ahead. I didn't like it, a salesman working on commission is not for me. It makes you sell things to people that they do not need or you do not earn enough to live.

Our country could survive fine without greed, as long as others with greed were not allowed to trade with us. There is too much greed in this country and so much deception. Half the people who are greedy do not perceive themselves as greedy. They cannot see it in themselves.



posted on Dec, 27 2015 @ 11:19 PM
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a reply to: Edumakated

I have to ask this. If it's unions that are bad for business and remove the lack the motive for profit and good service, then why is it that we had better service, a better economy, and healthier businesses when the unions were strong?

now days we have companies who's main business is to buy out smaller companies, loot them into bankruptcy and they enjoy an abundance of profits... Their greed often results in the loss of jobs, and less competition in the markets. They are very profit driven, very innovative as to how to get that profit, but well, they have the moral integrity that probably makes lucifer envious.
when steve jobs created apple, his main motivation was not greed, it was something much more. he had a dream, that he wanted bring into reality. He created, he didn't destroy. His goal wasn't to destroy microsoft and other competition, he was busy creating his dream to worry much about them.



posted on Dec, 27 2015 @ 11:21 PM
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There is a big difference between self-interest and greed...if I'm acting in my own self-interest, I eat chicken, vegetables and some whole grains for dinner, with a small slice of cake for dessert. If I'm being greedy, I skip the nutrition and eat half the cake instead.

The first path maintains or strengthens my ability to continue to pursue my self-interest. The second detracts from my ability to do that.



posted on Dec, 27 2015 @ 11:27 PM
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As Gordon Gecko once said...Greed is Good. Because without greed, no competition would exist and humanity and the world would have failed long ago



posted on Dec, 27 2015 @ 11:30 PM
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originally posted by: dawnstar
a reply to: Edumakated

I have to ask this. If it's unions that are bad for business and remove the lack the motive for profit and good service, then why is it that we had better service, a better economy, and healthier businesses when the unions were strong?

now days we have companies who's main business is to buy out smaller companies, loot them into bankruptcy and they enjoy an abundance of profits... Their greed often results in the loss of jobs, and less competition in the markets. They are very profit driven, very innovative as to how to get that profit, but well, they have the moral integrity that probably makes lucifer envious.
when steve jobs created apple, his main motivation was not greed, it was something much more. he had a dream, that he wanted bring into reality. He created, he didn't destroy. His goal wasn't to destroy microsoft and other competition, he was busy creating his dream to worry much about them.


The harmful effects of unions and pro-labor policies such as minimum wages are not associated with the few that remain employed but rather with the mass permanent unemployment that they result in.



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