Are You a Greedy Capitalist?

I’m at the Acton Institute and I’m thinking about greed.  Greed is the essence of capitalism, right?  Michael Douglas captured this sentiment as corporate villain, Gordon Gekko, in the 1987 movie Wall Street

“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.”

Filmmaker Michael Moore echoes this attitude in his movie Capitalism:  A Love Story, calling the free market system “legalized greed.”  Well, if Hollywood is correct, then a free market economy isn’t an option for the Christian.  Jesus is clear on the matter:  “"Watch out! Be on your guard against all kinds of greed; a man's life does not consist in the abundance of his possessions."  Greed is immoral.  But is capitalism based on greed?  No, and if you think so, you’ve bought into the myth.

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