Greed Economics :: essays papers

Greed political economyPokemon, Microsoft and the Economics of Greed Greed Economics The uplifting or debilitating effect of the excessive desire of suck on the production, consumption and distribution of goods and services.Solid proof that greed economics lives and breathes was new-fashionedly found in Newsweks Novmber 8th issue in an article entitled Puffys Crowded Orbit. Sean (Puffy) Combs is move over and CEO of the extremely profitable Bad Boy entertainment. In the jillion dollar a year rap music industry, he is the cognac in a world of beer. In 1997, his first album, (carried by the hit lose You), sold an extraordinary 6 million copies But Combs who is known as much for his business savvy as for his musical talent, ignored the rules of greed management and recklessy expanded into publications, clothing lines and restaurants. The sale of his recent album Forever, despite a red-hot reputation and a 32-city promotional tour, was weaker than weak. Newsweek reports th at in the first week of November the album was No.27 on the charts. The same article places his last years earnings at $53 million well off his tyical $100 million-a-year earnings of the mid 1990s. grim Puff the honor is real. Greed affects quality.Inner-city the States 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, explanation Gates received a stunning setback precedent this month when Judge Thomas Penfield Jackson ruled against the $500 cardinal software company Microsoft, declaring that it violated antitrust law and was in accompaniment a monopoly. In a Newsweek article dated November 15th rntitled Bill Takes it on the Chin, Judge Jackson stated Microsoft has demonstrated that it will use its prodigious market power and immense profits to legal injury any firm that insists on pursuing initiates that could intensify competion. Why couldnt Billy be satisfied with say a $100 billio n company? The penalty for ignoring the law of reed rationing may hold having the software giant broken down into a bunch of picayune midgets. Are you listening William? Greed attracts powerful enemies.Well why not remove greed out of the equation altogether? Isnt it all(a) poison? Cant we find a few cheerleaders for join greed celibacy? Not on your life. Why? Because economically speaking, greed isnt all that bad. Take for example the hugely successful painting game-toy phenomena Pokemon.