JLNobody wrote:Capitalism is characterized by competition, but the competitive units are not just individuals, but individuals operating in organized teams, like corporations. This requires a high degree of intragroup cooperation.
Wouldn't this be some kind of group greed?
Yes,JoeFX, depending on the group. Some groups are greedier than others--Enron, Merck and Halliburton, for example--and the opportunities for greedy profiteering are not the same for all members of a corporation. But you're right, corporate greed requires intra-group cooperation; no whistle blowers.
@rufio,
Greed can never be good ..... if it produce victims
