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The Business of Greed

Written By: admin on October 26, 2009 25 Comments

Businesses are stopping at nothing in their pursuit of profits. From Wall Street, where insider trading and short-trading help individuals sell fictitious stocks,  to the heart of India where shylocks accept any mode of payment; any, including your daughter or wife! Greed defines instinct. And the “flattening” of the world has made this problem even more viral.

The level at which greed has engulfed the minds of businessmen, in a way that defies conscience obviously needs redress. Corporate governancce does not cut it. For this very school of thought advocates nothing other than endless exploitation of workers. Ever wondered why employees, who work in the plant every day are treated as outsiders in financial statements? Whereas, shareholders, who may not even know where the plant is, are treated as insiders? Welcome to the world of divine power of capital. What is your take? Should supremacy be reserved for labor, or for capital?

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