On Aug 10, 2009, at 5:57 PM, Ronn! Blankenship wrote:
No, the problem with _them_ is that they are _all too_ "competent" (at getting money for themselves). Any number of people have said (and editorial cartoonists have drawn cartoons illustrating) during the past (roughly) year that a/the problem is that Wall Street and others are too _greedy_.
I'd go somewhat farther and say that the Wall Street culture institutionalizes and rationalizes greed as a virtue, if not a sacrament. ("Greed is good. Greed works.")
The market does what it's designed to do quite well, and very efficiently. The problem is in the philosophy behind the design and the assumptions it makes about what's important and what has value ..
"It is the mark of a higher culture to value the little unpretentious truths which have been discovered by means of rigorous method more highly than the errors handed down by metaphysical and artistic ages and men, which blind us and make us happy." -- Nietszche
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