Is Greed Good?

"Ambition" may be a better word for it. Not to get too much into semantics, but as mentioned above, "greed" has some negative aspects.

A system built on ambition would largely look like our current one, but perhaps without Wall Street/big bank/cut throat practices/etc. Of course this is all hypothetical and idealized and yadda yadda yadda.
 
I work in the home health care industry. You want to talk about legal ways of scamming the US out of $100's of millions of dollars legally. The owners of these mega home care corporations urge its account managers to lie, cheat and twist every oppurtunity to bilk the medicare and medicaid system out of money. They figure they can months and months amasing $10's of millions at a time and bet in the off chance on an over burdened under paid system wont check to thuroughly on them. They owner of the baltimore ravens Owns a mega medicaid company, just one office I worked in for him billed over $170,000 a week to the medicaide system. They didnt care what kind of services were given to the client as long as they had that prior authorization. Could you imagine billing the government a $170,000 a week times it by 200-2500 offices? Now about %25-%40 of that was illegally obtained. Heres the kicker. The state I am in is an at will state and they just passed a vote to have a "work free" environment which means basically no unions. Our lovely government politicians passed a bill 20 some years ago saying that house keepers and maids do not have to be paid over time do to them being a live in arrangment. Well they concider Home health aides to be maids because they do run errands and clean up houses under the medicaid waver plan. So this company will force its home health aides to work 50-60 hours a week without over timje pay and no benefits. If they argue or fight back the people who schedule them then drop thier case load and hours giving it to someone else who is new and wont bitch. The "recruiters" philosophy was "A home health aide is only good for 6 months, then start looking for her replacement". It is unreal what has happened. If you say "hay lets cut medicaid and medicare, well guess what, these low income poorly educated women have just lost a job.
Greed has destroyed this country, it has created a monster in wall street and on main street. It has made companies not be loyal to the worker any more, the only thing it is loyal to is the bottom line and its IPO. The CEO of a mega hospital company that owns several hospitals in my city had a bonus of $18 million last year. This is a hospital service mind you where a nurse makes only $20 an hour in my city. So the nurse who runs non stop dealing with sick individuals and thier families who have a hostility to you becaus eone thier loved one is sick, 2 they do not understand what is going on, 3 are mad because this hospital stay is over $1000 a day. That $18 million could have paid for 1-2 extra nurses per shift in everyone of his companies hopsitals increasing the saftey of the patients, the stress of the nurse and the over all quality of care.
So any of you who say greed is good, I am so gonna laugh at your ass when your sitting in your own shit in a hospital bed and its been 30 minutes since you hit the call bell and no one has come.
Yes Iceman, you are a dumbass to think greed is good. I dont usually point people out but you have no fucking clue on gods green earth and you are one of the millions who are too stupid to realise you are ruining your own quality of care, merchandise or other services.
 
So you think Einstein did all of that out of the kindness of his heart, he didn't do any of it out of his own self-interest?



Yes it is true free trade is good. The problem is when only a select few decide what something is worth. A few at the top are controlling what the rest get and have. They say I want more and we are going to give you less. Less time off, less insurance, less benefits and now less pay. Ok you dont want it that way well we will take our work overseas where they do want it. Guess what, that has been going on for the past 20 years, now the preverbial chickens are coming home to roost. People are not buying big ticket items, people are not spending massive amounts of money and these companies are folding cause thier dumbass beliefs are cathching up to them.
 

Rey C.

Racing is life... anything else is just waiting.
"Ambition" may be a better word for it. Not to get too much into semantics, but as mentioned above, "greed" has some negative aspects.

A system built on ambition would largely look like our current one, but perhaps without Wall Street/big bank/cut throat practices/etc. Of course this is all hypothetical and idealized and yadda yadda yadda.

^^^ This! :thumbsup:

If I'm not mistaken, greed is one of the "Seven Deadly Sins"... and for good reason. Ambition (controlled and focused) is good. But greed is just the base desire to accumulate more of something than anyone else... the obsessive desire to hoard, whether it's needed or not. Greed, or avarice, is destructive. Remember that the fictional character who popularized the pop culture phrase, "greed, for lack of a better word, is good", wound up in Federal prison. IMO, anything that leads you into Federal prison is bad. ;)
 

LukeEl

I am a failure to the Korean side of my family
How did Kevin Spacy kill that person labled greed in Se7ven?
 

bobjustbob

Proud member of FreeOnes Hall Of Fame. Retired to
Greed is not good. The desire to achieve is good.
 
I find that "ambition", when used in the pursuit of a lot of money, isn't really any different than greed, especially when it comes at the cost of others (and it almost always does). It's more like a nice way of saying one is greedy without using the word.
 

bobjustbob

Proud member of FreeOnes Hall Of Fame. Retired to
I find that "ambition", when used in the pursuit of a lot of money, isn't really any different than greed, especially when it comes at the cost of others (and it almost always does). It's more like a nice way of saying one is greedy without using the word.

That's a little sticky. If I can grow tomatoes and sell them to a market cheaper than the guy down the road is that greedy? Next year I can grow more tomatoes and sell them to 2 markets. Is that a bad thing? Are my ambitions bad? I see it as competition in a market place.
 
No, greed is not good at all, it's the whole reason why everything is the way it is now, everybody wants something and then that greed kills the good honest businesses and people who have made this world great. No one wants to work their way up, they just want to be successful now and that is what people want to do more of now and businesses want to take what they need and they will buy a struggling company. I could go on and on about it. Plain and simple, greed hurts America and hurts businesses and sports. Rich people are already rich but they still want more and everyone wants a slice of the dollar. Greed is why we are in the mess we are in as a nation right now.
 

Rey C.

Racing is life... anything else is just waiting.
That's a little sticky. If I can grow tomatoes and sell them to a market cheaper than the guy down the road is that greedy? Next year I can grow more tomatoes and sell them to 2 markets. Is that a bad thing? Are my ambitions bad? I see it as competition in a market place.

Very true. And even though there may be a fine line between (naked) ambition and greed, if you were growing those tomatoes and used the money to provide for you family or build a business that your son could one day run, that's not greed - that is ambition. But if you were staying up nights to dream up ways to drive your neighbor out of business, just you could corner the tomato market, now that's greed.

An ambitious person can leave a coin or two on the table in the interest of preserving a relationship, or letting the deal be win/win. A greedy person doesn't care about preserving relationships. Leaving even one cent on the table for someone else is not what they do. Greed is insatiable. Ambition is not.
 

bobjustbob

Proud member of FreeOnes Hall Of Fame. Retired to
Very true. And even though there may be a fine line between (naked) ambition and greed, if you were growing those tomatoes and used the money to provide for you family or build a business that your son could one day run, that's not greed - that is ambition. But if you were staying up nights to dream up ways to drive your neighbor out of business, just you could corner the tomato market, now that's greed.

An ambitious person can leave a coin or two on the table in the interest of preserving a relationship, or letting the deal be win/win. A greedy person doesn't care about preserving relationships. Leaving even one cent on the table for someone else is not what they do. Greed is insatiable. Ambition is not.

That's right Ray C. I can compete with my tomatoes against you and find other markets also. The same way you can find other markets. Every year the local tomato growers gather for a convention in Atlantic City. Rivals as we are, we can all learn how to grow better tomatoes and expand our market. Make it cheaper to grow and ship. Maybe a few of us might get into the canning business. Canning is more cost effective than marketing. The tomatoes we were selling to the markets now go into canning. Business opens up for smaller growers to sell into our old markets.

But if I may address surfinnaked4babes comment for a second. Let's say that surfinnaked4babes is having trouble selling tomatoes. Me, as a tomato guy, knows that he is in trouble. It could be for a number of reasons. I don't know why, I don't run his company, but everyone knows that he is in trouble. I could sit back and watch him try to get out of failure or make him an offer. Is that a bad thing?

Bob
 
That's right Ray C. I can compete with my tomatoes against you and find other markets also. The same way you can find other markets. Every year the local tomato growers gather for a convention in Atlantic City. Rivals as we are, we can all learn how to grow better tomatoes and expand our market. Make it cheaper to grow and ship. Maybe a few of us might get into the canning business. Canning is more cost effective than marketing. The tomatoes we were selling to the markets now go into canning. Business opens up for smaller growers to sell into our old markets.

But if I may address surfinnaked4babes comment for a second. Let's say that surfinnaked4babes is having trouble selling tomatoes. Me, as a tomato guy, knows that he is in trouble. It could be for a number of reasons. I don't know why, I don't run his company, but everyone knows that he is in trouble. I could sit back and watch him try to get out of failure or make him an offer. Is that a bad thing?

Bob

Well it becomes a problem of trust. Why not show him how to grow better out of ultruistic nature? I know lets say you show him a better way to grow them, now can you trust him not exploit it and drive you out. So once again it comes back to greed is evil.
 

vodkazvictim

Why save the world, when you can rule it?
If I remember correctly then the guy who cured polio gave the vaccine away free.
So much for greed being good. Seen any polio victims lately?
 

C.K. Lawrence

Closed Account
Greed: excessive or rapacious desire, especially for wealth or possessions.
Antonyms: generosity

Greedy2.jpg
 
The love of money is the root of all evil. Greed is a five letter word that means love of money, therefore greed is evil. But DO NOT make the mistake of confusing self interest with greed. Just because I want to keep as much of MY OWN hard earned money as possible, that is not greed. Greed would be me wanting to keep as much of my own hard earned money as possible PLUS money that I didn't earn. :2 cents:
 

bobjustbob

Proud member of FreeOnes Hall Of Fame. Retired to
Well it becomes a problem of trust. Why not show him how to grow better out of ultruistic nature? I know lets say you show him a better way to grow them, now can you trust him not exploit it and drive you out. So once again it comes back to greed is evil.

Okay, if he has a problem selling tomatoes that's his problem. If he has problems growing tomatoes then that's a different story. I would help him out with that. I would say, "look, you have people that want tomatoes. I can sell them tomatoes and help you grow them. Once you get your better tomatoes to sell then all is good." I may, at some time in the future, need tomatoes for clients that I can't produce. Help me save my clients by sending some over. Down the road we may be able to partner up and streamline the opperations. Trust is one of those things that devlope. If him or I become a dick then it is every man for himself. Risk and rewards.
 
If a person is being frugal, that is a much better way of living.
 
Top