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In Greed I Trust
Townhall.com ^ | January 11, 2012 | Walter E. Williams

Posted on 01/11/2012 9:08:24 AM PST by Kaslin

Last week's column started off asking: "What human motivation gets the most wonderful things done?" The answer is that human greed is what gets wonderful things done. I wasn't talking about fraud, theft, dishonesty, special privileges from government or other forms of despicable behavior. I was talking about people trying to get as much as they can for themselves.

Think about greed and racial discrimination. In 1947, when the Brooklyn Dodgers hired Jackie Robinson, why did racial discrimination by major league teams begin to drop like a hot potato? It wasn't feelings of guilt by white owners, affirmative action or anti-discrimination laws. It turned out that there was a huge pool of black baseball talent in the Negro leagues. It became too costly for teams to allow the Dodgers to gain a monopoly on this talent. Black players won the National League's Most Valuable Player award for seven consecutive seasons. Had other teams not stepped in to hire black players, allowing the Dodgers to hire them, it might have given the Dodgers a virtual monopoly on world championships.

During South Africa's apartheid era, whites were in control, both economically and politically, and enacted some of the harshest racially discriminatory employment laws. There were job reservation laws that reserved certain jobs for whites only. Many white employers went to considerable lengths to contravene and violate those laws. White building trade unions complained to the South African government that laws reserving skilled jobs for whites had broken down.

What was happening? White contractors found out that often they could earn greater profits by hiring a black worker to do the job of a white worker for only a fraction of the wage. That raised the cost of discriminating against black workers. Racist white workers did what any good liberal or labor union supporter would do; they got behind support for minimum wage laws and what produces the same effect, equal-pay-for-equal-work laws. South Africa's Wage Board said, "The method would be to fix a minimum rate for an occupation or craft so high that no Native would likely be employed." "Equal pay for equal work" became the rallying slogan of the South African white labor movement. They knew that if employers were forced to pay black workers the same wages as white workers, there'd be reduced incentive to hire blacks.

Unionists in the U.S. also wanted to suppress employer quests for greater profits. After a bitter 1909 strike by the Brotherhood of Locomotive Firemen, an arbitration board decreed that blacks and whites were to be paid equal wages. Union members expressed their delight, saying, "If this course of action is followed by the company and the incentive for employing the Negro thus removed, the strike will not have been in vain."

The Davis-Bacon Act sets minimum wages on federally financed or assisted construction projects. It was racially motivated in 1931, and it's still on the books. During congressional debate leading to its passage, Rep. John Cochran of Missouri said he had "received numerous complaints in recent months about Southern contractors employing low-paid colored mechanics getting work and bringing the employees from the South." Rep. Miles Allgood of Alabama complained: "Reference has been made to a contractor from Alabama who went to New York with bootleg labor. This is a fact. That contractor has cheap colored labor that he transports, and he puts them in cabins, and it is labor of that sort that is in competition with white labor throughout the country." Rep. William Upshaw of Georgia complained of the "superabundance or large aggregation of Negro labor," which, to him, was a real problem. American Federation of Labor President William Green made clear his union's interests, saying, "Colored labor is being sought to demoralize wage rates."

There are many examples from around the world of how people have used legal and extralegal means to thwart people trying to get more for themselves, or what I like to call greed. The suppression of these motives has always worked against the best interest of discriminated-against people


TOPICS: Culture/Society; Editorial; Government
KEYWORDS: greed; motive; profit; williams

1 posted on 01/11/2012 9:08:30 AM PST by Kaslin
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To: Kaslin

Greed is evil. The positive things he describes is not greed.


2 posted on 01/11/2012 9:12:23 AM PST by DManA
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To: Kaslin

And here all these years I thought it was the EEOC that got the Dodgers to hire Jackie Robinson.


3 posted on 01/11/2012 9:15:07 AM PST by WOBBLY BOB (Congress: Looting the future to bribe the present.)
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To: DManA
The positive things he describes is [sic] not greed.

Perhaps you could tell us what you think motivated the people in Dr. Williams' examples then.

ML/NJ

4 posted on 01/11/2012 9:34:28 AM PST by ml/nj
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To: ml/nj

Self interest.


5 posted on 01/11/2012 9:41:20 AM PST by DManA
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To: ml/nj

Self interest.


6 posted on 01/11/2012 9:41:52 AM PST by DManA
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To: DManA
Rand referred to this as the virtue of selfishness. Ir's a distinction without a difference.

ML/NJ

7 posted on 01/11/2012 10:17:50 AM PST by ml/nj
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To: DManA
Greed is evil. The positive things he describes is not greed.

The misuse of the word "greed" is an increasingly common leftist tool and we conservatives should oppose it.

"Greed" is excessive acquisitiveness, but leftists call all acquisitiveness by non-leftists "greed" without demonstrating why it is excessive.

When does making a decent living end and greed begin? No one can really say. Greed is individual and is a matter of the heart. It is something that each person must ask God to help them avoid.

So long as a business is being run legally and ethically then no amount of profit is "greedy". When leftists talk of "greedy" corporations they should be urged to earn and spend their own money and to keep their noses out of other people's business.

8 posted on 01/11/2012 10:29:22 AM PST by rogue yam
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To: Kaslin

Greed is what drives government-linked socialists and their government employed/appointed/elected friends to steal from others. One example would be friends and/or family using zoning, environmental, animal worship or property values arguments to help with regulating against new, small business starts or property improvements by other families.

Walter is ignorantly trying to indulge in linguistic activism (leftist tactic) and helping Obama and friends to be reelected. Not that it matters so much who is elected at this stage in the debt regime. They all want the support of “professional” socialists or businesses dependent on or related to socialists (e.g., daughter’s a public school teacher).

Self-interest can be pursued using moral methods, but that’s out of style. Our bosses once said, “Competition is good and healthy for business.” Not any more.

No sale. No vote except maybe for Newt.


9 posted on 01/11/2012 10:52:35 AM PST by familyop (We Baby Boomers are croaking in an avalanche of rotten politics smelled around the planet.)
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To: Kaslin

RUSH: WE NEED TO PUSH OUR NOMINEE TO THE RIGHT, NOT THE LEFT!
http://www.freerepublic.com/focus/news/2831284/posts


10 posted on 01/11/2012 11:16:43 AM PST by familyop (We Baby Boomers are croaking in an avalanche of rotten politics smelled around the planet.)
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To: familyop

What does this have to do with the article


11 posted on 01/11/2012 11:24:57 AM PST by Kaslin (Acronym for OBAMA: One Big Ass Mistake America)
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To: ml/nj

When self interest begins to destroy instead of build you know you’ve crossed over into greed.


12 posted on 01/11/2012 11:43:42 AM PST by DManA
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To: rogue yam

I agree. That’s why we need to make the distinction. They would throw the baby out with the bathwater.


13 posted on 01/11/2012 11:48:11 AM PST by DManA
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To: Kaslin

“I’m defending conservatism. And I’m defending capitalism. Capitalism is under assault here in the Republican Party.” —Rush Limbaugh, on his support of Romney, Bain Capital, and his criticism of Newt Gingrich

What was Walter Williams’ hook? I’ve written for and edited political publications more conservative than than bipartisan, socialist politics.


14 posted on 01/11/2012 11:50:40 AM PST by familyop (We Baby Boomers are croaking in an avalanche of rotten politics smelled around the planet.)
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To: DManA
When self interest begins to destroy instead of build you know you’ve crossed over into greed.

That's a lot of words but it doesn't tell me much.

How would it apply to the greedy little kid on Halloweeen who visits three times a many homes as most of his friends, so his candy cache is larger and better than theirs is.

(And please don't tell me that G-d will punish him with cavities. His mom insists that he brushes his teeth! So actually his greed teaches him good habits.)

ML/NJ

15 posted on 01/11/2012 12:38:24 PM PST by ml/nj
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To: ml/nj

Your example is not necessarily greed.

If the child was so focused on collecting candy that he didn’t study for his test and so flunked it, then you would have evidence that he is greedy.

Greed is self-destructive. It narrows your vision, leads to short term desperate thinking.


16 posted on 01/11/2012 12:51:11 PM PST by DManA
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To: DManA
Seems to me that your definition of greed is a tautology.

ML/NJ

17 posted on 01/11/2012 12:54:34 PM PST by ml/nj
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