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Greed is not good. Acquisition is not the same thing as greed.
Greed is not good. Possession is not the same thing as greed.
Envy is not good. An economic system which brings harm out of envy is a bad system. Communism is such a system. In communism, envy seeks to satisfy itself by empowering politicians to take money from others–and we all know what power does.
Greed is not good. An economic system which brings good out of greed is a good system. A free-market system is such a system. A free-market system maximizes everyone’s ability to decide what to do with their own money. So the best way for greed to seek to satisfy itself is by persuading people to give up their own money in return for doing something for them; in a free transaction, greed only gets what it wants by serving others.Published in