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Monday, December 30, 2013

The Morality of Money.

In reacting to the Enron scandal, some cultural commentators have been quick to go on to a favorite theme: the corrupting power of commerce. hither is a characteristic example, from the Letters Column of the New York clock: Enrons collapse was a product of the culture of greed, dish isty, respectable blindness and wishful sentiment that has characterized much of corporate the States since the advent of the Reagan administration (John S. Koppel, January 22, 2002). In this view, Enron is simply the representative of corrupt, set down market capitalism. And the authors reaction, like the reactions of many editorialists and commentators, is disgust with greed and despite for the idea that cash-making might be incorrupt. The Los Angeles Timess editorial cartoonist, Jeff Danziger, captured the feeling dead by depicting Enron as a house of prostitution, whose living-room is decorated with statues and pictures of naked and hardly clad women holding bags pronounced with the dollar sign. The message was exhaust: Dollars are capital; specie symbolizes capitalism; capitalism is immoral. Danziger is correct that money symbolizes capitalism, but what should we call in of this symbol? Ayn Rands answer was unconditional: Money demands of you the highest virtues, she wrote in atlas vertebra Shrugged.
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Yet her view seems unfitting in light of the moral shortcomings of certain businessmen, wealthy heirs, and corporations, of which Enron is a particularly noisome instance. chthonic the circumstances, it may be profitable to re-examine Objectivisms view that money is a badge of nobility, a view of money that underlies the sparing commen! taries in this magazine. In Atlas Shrugged, one of the heroes, Francisco dAnconia, gives a language on the meaning of money. In it he says: The words to hire money hold the essence of human morality. His intellect is that one makes money through production and trade. And that is... If you want to tick a full phase of the moon essay, order it on our website: OrderCustomPaper.com

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