He made this argument in front of 150+ person lecture class. I was so dumbfounded and shell-shocked at the argument that I couldn't believe what I just heard. I looked around at the undergrad business finance students around me, and it looked as if they were absorbing it in.
That was the day I knew I chose the wrong major.
I really did think about raising my hand in that class to respond to the hellish ethics he just espoused. But this professor frequently shouted down students or used ridicule to make people regret raising their hands, and I didn't have the worldview I now have to be able to tell him precisely and irrefutably why what he was teaching us was so so wrong.
The real trouble, however, is that this professor was just a preacher for the doctrine of modern day American capitalism. I just expected to hear the doctrine in a much more sugar-coated and digestible form. He literally read the doctrine to us right out of the book.
UC Berkeley allows undergrads to study at their Haas School of Business and earn a BS (bachelor of SCIENCE) in Business Administration. This is what I was studying. Luckily I had enough time left in undergrad after this lecture to switch to studying computer science at the College of Engineering--where I then felt like I was learning real skills.