OT: Plug Digest, Vol 62, Issue 31 - the unfixable problem.

[Eric Cope]

>
> "Excessive" is when the pursuit of maximizing profits and wealth harms
> others or totally ignores the needs of others.
>

Can you point to a market transaction where one's needs are ignored? Who's
responsibility is it to ensure one's needs are met? is it the buyer or the
seller?

When government uses coercion, its only tool, the needs of someone within
the transaction is ignored, usually because that person can no longer
maintain responsibility for their needs.

Thoughts?

On Mon, Aug 30, 2010 at 1:26 PM, <joe at actionline.com> wrote:

>
> > Would you limit greed to the pursuit of money, or would you consider the
> > pursuit of other goals, not necessarily wealth based "greed"? Who defines
> > excessive?
>
> Well, gluttony certainly is, by definition, another example of greed that
> has little or nothing to do with money.  The extent of obesity in our
> world today, especially in our country is an obvious and very visible
> example of excessive.
>
> Excessive is defined as: going beyond the usual, necessary, or proper
> limit or degree; characterized by excess: excessive charges; excessive
> criticism.
>
> Of course, one can also question, what is a "proper limit" etc.
>
> But the point is that greed is an excessive desire and/or pursuit of ...
> anything. It isn't necessary to define what is usual, necessary, and/or a
> "proper limit" amount of anything. Our world is filled with examples of
> grotesque excess.
>
> Drive around neighborhoods with garage doors up and notice how many are so
> packed full of junk that it is not possible to even walk through them.
>
> There is nothing "wrong" with any person or business offering products
> and/or services to seek a "reasonable" "profitable" return on their
> investments of time and money.  Yes, I know, what is "reasonable?"
>
> "Excessive" is when the pursuit of maximizing profits and wealth harms
> others or totally ignores the needs of others.
>
> Responsible and ethical individuals and businesses are always seeking to
> give a good or excellent value-added for whatever prices or fees they
> charge.  By contrast, an "excessive" pursuit of "get all you can get"
> comes into the picture when things like providing good or excellent
> service and value is utterly disregarded.
>
> Where is the dividing line?  There is no absolute way to define that.
>
> However, a "reasonable" dividing line is always self-evident.  Everyone
> knows within themselves if they are motivated (driven) more by a pursuit
> of amassing the most money that they can possibly amass for whatever
> product or service they provide *moreso* than by providing the best value
> and service that they can at the "fairest" price they possibly can.
>
>
>
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