and long as laws, rules, regulation supports it many people/corporation will always choose profits over ethics and its not a broad generalization but a natural instinct in my opinion. And you can also buy prestige just by throwing cents in name of philanthropy right?
I hate it but this is how natures works and its too cruel.
Many is a key word here. Many will, but many will not. And how many do is definitely a function of culture. As shown by the big difference in attitude to this question between the US and Europe.
It’s the role of government to curtail greed and industry actions. The current climate is caused by a a failure of government to step in and intervene, not by the industry caring about profit above all else.
You say this as though there aren't any downsides to greed.
>The current climate is caused by a failure of government to step in and intervene, not by the industry caring about profit above all else.
No, it's both. Full stop.
And btw this forum is hosted by one of the most prominent venture capitalist firms in Silicon Valley which funds thousands of (promising) capitalists.
That's what America is about, greed, the pursuit of happiness, whatever you call it, everything else is noise.
The pursuit of happiness is not greed. What qualifies as 'happiness' is entirely up to each individual, and for many people that doesn't include being greedy.
Greed and free markets make for a healthy society.
As a counter-example see what happened with the Soviet Union, I can tell you first hand that didn’t work very well. Demonizing "bourjois" values of private property and prosperity, while fetishizing the “common good” and all-controlling government made the entire society very unhappy (except for a few fat bureaucrats) and led to its eventual collapse.
> "Greed... captures the essence of the evolutionary spirit..."
But see, we don't want the evolutionary spirit. We want our kids to be able to play in the park without worrying about the survival of the fittest. We want cures for diseases. We want social safety nets. We want to live in a civilization, not in a "state of nature"; we want to be humans, not animals.
>No, it's both. Full stop.
disagree. it's the job of government to add legislation. not having rules, then acting surprised when things don't go the way you want is asinine. if you want people to act in a particular way, spell it out. Don't act like it's implied and be outraged when people don't abide by your imaginary rules.
We absolutely are in the "current climate" because the industry cared about profit above all else, because they could.
Are our moral goals no longer about improving and setting a higher bar for how we conduct ourselves? Have we succumbed to material wants and ego at the cost of decency? Goodness gracious.
It's the role of the government to curtail murder, but that doesn't resolve me of personal responsibility.