JAI SHAH BIG ESSAY 2 - PRICE OF MORALITY IN BUSINESS

It is this irony that made the public or investors

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Unformatted text preview: He asks Will Emerson what he spends his $2,000,000 salary on. Will answers ‘I don’t know really it goes pretty quick,’ and includes the fact that he ‘spent $76,520 on booze, dancers and whores,’ but is able to claim most of it back through entertainment expenses. Will’s answer shows just how expendable the money is. The bankers are not only putting their own money ahead of the money of their clients, but they are also doing it to feed addictions and desires of unnecessary luxurious goods or artificial sexual relationships. When somebody carries out or does not carry out a morally significant action, we expect that a reaction is necessary, the most coming being praise or blame. For example, during a house fire, somebody may be worthy of praise for saving a child, or blame for not using a cell phone to call the fire department and ambulance service, leading to an injury or fatality. During the 2008 financial crisis, the blame was quickly placed on the bankers. Frivolous spending in a world in which there is rampant inequality added to the bitterness felt by consumers. Irony is introduced in the movie when we hear Will say ‘my loss...
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