In Greed We Trust by John Schumaker essay.doc - ARTICLE REVIEW ON CORPORATE GREED By The starts by criticizing human greed by describing Lao Tzus

In Greed We Trust by John Schumaker essay.doc - ARTICLE...

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ARTICLE REVIEW ON CORPORATE GREED By The starts by criticizing human greed by describing Lao Tzus philosophy, which states that greed is thegreatest calamity. He claims that greed is slowly taking over human conscience and will soon be considered a virtue. In the second paragraph, he refers to economist Thurlows claim that communal altruismcan never be constructed in a manner that overwhelms human greed. Greedis described as the sole motivation of a consumer economy, but is destructive to the modern economy (Schumacher 2004)He, on the other hand, thinks positive of the same as he quotes several authors who insist that greed is the cause of economic stability. This, they estimate, is mainly because greed is the main human motivation. John prices that most happy people are those that spend less of their time engaging in selfish activities .He also portrays greed as human beings doing since the latter has glorified itsexistence. Bauman believes that greed was not even as constant in the past as it is in the contemporary world majorly because people were attached to needs other than luxury. Greed however beams the economy byheightening saving rates and increasing prices of basic commodities.
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