ANSWERS: 15
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If you count profit taking as greed, then yes.
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I believe it brings out opportunities to make the best of what this world has to offer.
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Greed is present no matter what the economic system in my opinion. Historically speaking it reared its ugly head in every single economic system.
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Yes. It's the exact opposite of communism which hypothetically promotes sharing wealth with everyone.
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I believe greed is there no matter what economic structure you live under. Do you think there are greedy people in China, Cuba, Iran, or North Korea?
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Nope...just gives us the excuse to act like our true nature...the animals we really are.
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If your definition of greed is working hard to earn a profit, then absolutely. Long live capitalism. "Capitalism is based on self-interest and self-esteem; it holds integrity and trustworthiness as cardinal virtues and makes them pay off in the marketplace, thus demanding that men survive by means of virtue, not vices. It is this superlatively moral system that the welfare statists propose to improve upon by means of preventative law, snooping bureaucrats, and the chronic goad of fear." Alan Greenspan
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History teaches us that everything is temporary. Yesterday's universal truth is today's nonsense......Capitalism preaches the gospel of competition.....Capitalists everywhere try to avoid competition and by bribery they usually manage to do this.....They are driven by nothing but "GREED"!!!!
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Greed doesn't have to be "brought out". It's there in the open, no matter what economic or political system you happen to be under. In systems where there is no profit for the individual and no reward for enterprise, we find sloth and laziness. It's always about "what's in it for me." It seems to be more productive to all people to profit from their hard work rather than have to stand over them with a whip to get them to produce or even work at all. Nobody consistently works for free. Human nature.
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Capitilasm does not bring it out. Humans ARE greedy. Capitalism attempts to embrace this greed in a way that benefits society. Greed is responsible for most of the greatest achievements in history.
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Indeed it does - and endeavors to harness greed to the good of society. What you ask is like saying "does fire bring out heat" - which it does. Capitalism out of control, like fire our of control, can be immensely destructive. Capitalism under control, like fire under control, can be harnessed to more useful work than anything else.
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I sure think so. Greed got us into our current mess, among other things.
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Fact from fiction, truth from diction. Greedy people pervert capitalism. Capitalism is just a system, it can not make a person greedy any more than a hand gun can turn a person into a murderer. Greed comes from how a person is raised and their preception of what they really need to be comfortable. If you feel that you are a better person because you have 5 cars while everyone else has 2 then you have the chance to be greedy. Sometimes fear of not having these toys, thus the status, makes one try to get so much that no matter how crappy they are at budgeting they would never be with out. True capitalism seeks to be a win-win situation, because if you have happy customers who were dealt with fairly they will always come back. But if they feel cheated they won't deal with you again.
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I like capitalism, even if it does bring out greed sometimes (but like others have said, doesn't greed come out in every economic system?) In the purest sense, capitalism is self-regulating. If someone in the market cheats, they are punished by losing customers and they go under. If I have a useful product or service, I get money that in exchange for it that I can exchange for products or services that I can't produce on my own. I love capitalism. Capitalism is freedom. But that's just my two pennies :D
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Yes. But it's not a bad thing, in small quantities. But Free Market Capitialism seems to engender obscene greed.
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