Is the pursuit of self interest the same as greed

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Is Greed Good?

For those of you unfamiliar with Gordon Gekko, he is one of the central characters in Oliver Stone's film Wall Street. Stone made a sequel in 2010, once again featuring Gekko, Wall Street: Money Never Sleeps, but he dumped, wisely or not, Charlie Sheen. Check out this clip of Gekko at work in the first film, talking about greed.

https://www.youtube.com/watch?v=R8y6DJAeolo

Do you think that Adam Smith would approve of Gekko's philosophy? Is "the pursuit of self interest" the same as "greed"? Why/Why not? Is greed, in all its forms, good?

Reference no: EM13858610

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