CORPORATE GREED AND ETHICAL MANAGEMENT
By Engr.
Ped Salvador, Ph.
D.
Professor of Mathematics and Management
International Academy of Management and Economics
November 10, 2011
Corporate Greed
Milton Friedman, the noted and famous American economist...
More
CORPORATE GREED AND ETHICAL MANAGEMENT
By Engr.
Ped Salvador, Ph.
D.
Professor of Mathematics and Management
International Academy of Management and Economics
November 10, 2011
Corporate Greed
Milton Friedman, the noted and famous American economist before a live
interview in a television show before his death, had mentioned that capitalism as
an economic system would never succeed unless this would be based from a
foundation of greed.
He also emphasized that other forms including socialism,
communism, and fascism were all together based on the fundamentals of greed.
Mr.
Friedman who died in 2006, unfortunately did not see and experienced the
effect of the so-called capitalism based on greed as the world is now experiencing
a global economic and financial crisis which many believed may continue in the
coming more years.
This bad economic scenario incidentally, further aggravated
with the collapse of housing and automotive industries in the late 2000’s that
created havoc on the li
Less