IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-0-230-24615-7_2.html
   My bibliography  Save this book chapter

Greed and the Market

In: Greed

Author

Listed:
  • John Meadowcroft

Abstract

In the 1987 Oliver Stone-directed movie Wall Street, Michael Douglas portrays Gordon Gekko, a ‘corporate raider’ who specialises in taking-over firms and then asset-stripping them. In one of the film’s most memorable scenes, Gekko attempts to persuade a meeting of shareholders to sell out to him with the promise of large financial rewards. Gekko encourages the shareholders to think only of their own pecuniary gain, to act on the basis of personal greed: The point is, ladies and gentleman, that greed — for lack of a better word — is good. Greed is right. Greed works. Greed clarifies, cuts through, and captures the essence of the evolutionary spirit. Greed, in all of its forms — greed for life, for money, for love, knowledge — has marked the upward surge of mankind.

Suggested Citation

  • John Meadowcroft, 2009. "Greed and the Market," Palgrave Macmillan Books, in: Alexis Brassey & Stephen Barber (ed.), Greed, chapter 1, pages 5-20, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-24615-7_2
    DOI: 10.1057/9780230246157_2
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-0-230-24615-7_2. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.