Word: greeds
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...favored recipe for large-scale corporate survival in the global, capitalist '90s and a prime driver of the record $919 billion in mergers last year. By comparison, the 1980s (when the press screamed about "merger mania") were strictly peewee league. The biggest single year of deals in the greed decade was 1988, with $353 billion...
...have too readily accepted the notion that employers will strive to exploit their workers and that only a skein of laws, regulations and codes can prevent enormous suffering. Exploitation, abuse and greed are not inherent elements of the production process. We have sat through Marty Feldstein's mind-numbing lectures and we have read the praise of economic efficiency that so often appears on these editorial pages. But we re unwilling to think only within the bounds of what we have been taught to believe is the "natural" way of the economy...
...society, we deify self-interest, profit and efficiency and then act shocked when we hear that factories abuse their workers in the name of these pursuits. Greed, single-minded pursuit of profit and inhumanity enable our economy. We do our best to limit the havoc that the dictates of the profit margin so often wreaks on humanity and the environment, but in the flurry of reigning in the forces which drive our economy we forget to wonder if there isn't a better...
...invisible hands. The myth that the laws of the free market will inexorably lead us to the light at the end of some economic and social tunnel is just that--a myth, and a dangerous one at that. We refuse to believe that we must live amidst exploitation, inhumanity, greed, and massive inequality, and call this "irrepressible." We refuse to believe that stopping a sweatshop here and there is the best...
...then, all one need do in evaluating capitalism is admonish against greed and abusive economic-political arrangements, the exorcism is quickly over, and Gerasimov is left as speechless as Gorbachev quickly became after losing his handle on the nuclear football...