Greed is not a virtue

by Bill - 2011-05-11 - in life / money / employment


Great article.

via Greed is Not a Virtue, by David Korten — Agenda for a New Economy.

By capitalism's perverse moral logic, if a person sells toxic assets by knowingly misrepresenting them as sound, the fault lies not with the misrepresentation of the seller, but rather with the lack of due diligence on the part of the overly-trusting borrower.

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