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this post was submitted on 08 Oct 2025
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How are you defining greedy?
That's not greed to me. People would be guilty of this every time they are forced to work a double shift lol. The greedy don't necessarily want to cause suffering, they just don't care if they do. Their only strategy is to maximize their own utility. Which is also why I don't think your point about them "making the stupid happy" works.
That's not to say the two are mutually exclusive. When an economy has healthy competition everyone is acting as greedy as they are able, on the supply side, companies can only raise their prices as high as the quality of their product allows compared to other companies, and on the demand side, consumers will generally take the best deal they can find. Win/win, good times.
In the 50s, people had just come out of massive wealth inequality. They understood the value of prioritizing high corporate tax rates, strong unions, and effective anti-trust legislation. At all times, everyone, corporations to consumers, are acting as greedily as they know how. But it is exclusively the consequence of consumers losing sight of the value of this regulatory balance that corporations are allowed the opportunity to "innovate" on their ability to lobby the govt, delete regulation, and buy up competition. And as a result, we get hard times.
This is a semantic argument, which is why I didn't let it stop the point you were making. I felt you were defining "evil" as actively malicious, but as you have pointed out, it's ambiguous and could be interpreted to include stupidity.
I prefer the term "unethical".
"It is morally as bad not to care whether a thing is true or not, so long as it makes you feel good, as it is not to care how you got your money as long as you have got it." - Edwin Way Teale