What valid business ethics issues is Gekko raising in his "Greed is Good Speech" (From the...

What valid business ethics issues is Gekko raising in his "Greed is Good Speech" (From the movie Wallstreet, 1987)

Expert Solution

Gordan Gekko in the movie Wallstreet is a corporate raider where he buys up underperforming companies and sells their parts at a healthy profit. In one of the scenes, Gekko owns shares but wants more. he wants control of the company, it is there that he delivers the famous speech in the movie "Greed is Good" He means that greed is a clean drive that captures the essence of the evolutionary spirit. Greed, in all of its form like greed for life, for money, for love, knowledge has marked the upward surge of mankind.

Gekko greed is the excessive love for money. But Teldar's shareholders don't need personally to embrace greed in the Gekko's sense, all they see is that their interests are not served well, and to understand that Gekko's own greed is likely to serve them better, he wants to make a killing on the Teldar deal and if they let them do so, they will make a little money themselves along the way. so his greed is good for them. He believed the free market and capitalism would solve nation woes.

However, "Greed is Good" philosophy hasn't worked well in real life much it can be due to government intervention or restriction for free market by taxing some goods and not others. we may never know if greed left to its own devices could truly bring about good.

keosha answered 7 months ago

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