Showing posts with label Greed. Show all posts
Showing posts with label Greed. Show all posts

Friday, October 24, 2008

Micah preached against greed

Greed is too close to ambition. Ambition is a protestant virtue. It is very difficult to separate an ambitious businessman from a greedy one.

No one knows when prices are excessive or when they are merely reflecting supply and demand realities.

No one knows when a salary is fair or obscene (executives, professional sports, celebrities).

No one knows when an interest rate is usuary or a reasonable return on risk.

No one knows when wages paid are fair or modern day slavery.

We can't preach against greed because we don't know what it is!