Question

A. Do you agree that investors and executives are too greedy OR do you think this is just capitalism at work? Should there be changes? If so, what? If not, why?

B. Do the issues discussed by Cassidy denote deep, permanent flaws in our corporate system? Explain your stance.

C. What effect has the “greed cycle” discussed by Cassidy had on the rest of the economy and on our society? Can we avoid future greed cycles or are they an inevitable part of our system?

Answer 1

I would agree that investors and executives are too greedy such that they will engage in illegal and unethical practices in order to make huge profits.

Explanation:

Investors and executives aim to make profits but their engagement in unethical and illegal practices just shows how greedy they are for profits, manipulating the systems in order to benefit shows the extent at which their greed will take them. In my opinion there should be changes such that it makes it impossible for investors and executives to manipulate the systems to their advantage.

The issues discussed by Cassidy denote deep and permanent flaws in our corporate system, according to Cassidy, time for honest business dealings has ended and the wide spread insider trading that investigators uncovered along with stock price manipulation just shows that this is real.It shows just how a corporate system has flaws and very difficult to conduct honest business dealings.

The greed cycle has affected the society negatively, due to the flaws in the system, honest investors are afraid to invest their money and this generally reduced the rate of investment in the economy which results in slow economic growth. If the corporate system was perfect, investors would have been motivated to invest and this would have resulted in positive economic growth but due to the flaws in the system this does not happen. These flaws also discourage the society from investing due to the greedy corporate system. I think we can avoid the greedy corporate system , values such as honesty and integrity need to be instilled in our young ones, over time as they take over the leadership of these systems, the greedy cycle will eventually vanish.