Tuesday, November 8, 2011

"Just Say No -- to Corporate Greed" : A Response

Repatriation is the first word that Marion Edelman presents in her editorial.

A proper definition of the term would have indicated that American politicians used the term to designate sending Americans back to Africa, where they would be allowed to start their lives over, free of the prejudices that would burden a colored man in white society.

The concept may sound far-fetched, if not ludicrous today, yet even eminent statesmen like Abraham Lincoln and Henry Clay championed this cause.

Yet just as the term "repatriation" has overtones which are either offensive, obsolete, or obsequious in their attempt to stir up sentiment, so has the phrase "corporate greed" taken on damning connotations.

What is "greed" in a general sense? It is nothing more than wanting to have more than what you already have. There is nothing wrong with earning money. There is nothing wrong with investing one's capital today to reap the rewards of interest tomorrow.

Greed that violates the law, that robs for one to splurge for another-such arrangements are immoral. However, the vast majority of entrepreneurs go into business not out of the express goodness of their hearts or to get right, but because they want to get rich.

And there is nothing wrong with that.

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