Greed Economics :: essays papers

greed economicsPokemon, Microsoft and the Economics of voracity Greed Economics The uplifting or debilitate effect of the excessive desire of gain on the production, consumption and scattering of goods and services.Solid proof that greed economics lives and breathes was recently found in Newsweks Novmber 8th issue in an article entitled larges Crowded Orbit. Sean (Puffy) Combs is founder and CEO of the extremely gainful Bad Boy entertainment. In the billion dollar a course rap music industry, he is the cognac in a world of beer. In 1997, his first album, (carried by the hit Missing You), sold an extraordinary 6 million copies But Combs who is known as often for his business savvy as for his musical talent, ignored the rules of greed circumspection and recklessy expanded into publications, clothing lines and restaurants. The sale of his recent album Forever, disrespect a red-hot reputation and a 32-city promotional tour, was weaker than weak. Newsweek reports that in the first week of November the album was No.27 on the charts. The same article places his live on years earnings at $53 million well remove his tyical $100 million-a-year earnings of the mid 1990s. Sorry Puff the rectitude is real. Greed affects quality.Inner-city America finds it of some interest that this law does not favor the rich, the politically plugged in, or the white of this world. America richest man, Bill Gates stock a stunning setback earlier this month when value doubting Thomas Penfield Jackson ruled against the $500 billion software company Microsoft, declaring that it break antitrust law and was in fact a monopoly. In a Newsweek article dated November 15th rntitled Bill sustains it on the Chin, Judge Jackson stated Microsoft has demonstrated that it will use its prodigious foodstuff power and immense profits to harm any firm that insists on pursuing initiates that could intensify competion. Why couldnt Billy be cheery with say a $100 billion company? The pen alty for ignoring the law of reed rationing may include having the software giant mazed down into a bunch of little midgets. Are you listening William? Greed attracts powerful enemies.Well why not remove greed pop of the equation altogether? Isnt it ALL poison? Cant we find a few cheerleaders for total greed celibacy? non on your life. Why? Because economically speaking, greed isnt all that bad. Take for example the hugely successful video game-toy phenomena Pokemon.