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Wednesday, February 12, 2014

The Morality of Money.

In reacting to the Enron scandal, some cultural commentators have been quick to hap to a favorite theme: the corrupting power of commerce. here 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, honest 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, bare market capitalism. And the authors reaction, like the reactions of many editorialists and commentators, is disgust with greed and disdain for the idea that cash-making might be honorable. The Los Angeles Timess editorial cartoonist, Jeff Danziger, captured the feeling suddenly by depicting Enron as a house of prostitution, whose sitting room is decorated with statues and pictures of naked and hardly clad women holding bags attach with the dollar sign. Th e message was exhaust: Dollars are bills; funds symbolizes capitalism; capitalism is immoral. Danziger is correct that money symbolizes capitalism, but what should we theorize of this symbol? Ayn Rands answer was unconditional: Money demands of you the highest virtues, she wrote in telamon Shrugged. 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. on a lower floor 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 stinting commentaries in this magazine. In Atlas Shrugged, one of the heroes, Francisco dAnconia, gives a tongue on the meaning of money. In it he says: The words to ground 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 near essay, order it on our websit! e: OrderCustomPaper.com

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