Friday, May 21, 2010
Capitalists are Ruthless
As I drive down the street, I'm amazed that most of what I see are comforts created by capitalism. Houses, cars, landscaping, and roads are all put into place to make someone money. Someone wanted to make a buck, and in doing so, improved another's quality of life. That "someone" might have been ruthless. They might have charged "as much as the market would bear." In doing so, they created a better world. I wonder what alternatives we have?
Exxon-Mobil doesn't have a great reputation for being committed toward helping others, though their foundation is quite generous, with a very generous donation to Texas Universities. Maybe not generous enough for some, but certain in the league of other large companies.
at May 21, 2010
I tried (and failed) to convince my students that it was better to be able to appreciate a sidewalk than to own a yacht. With the sidewalk t...