{"id":457,"date":"2009-03-05T07:57:24","date_gmt":"2009-03-05T07:57:24","guid":{"rendered":"http:\/\/blog.beliefnet.com\/progressiverevival\/2009\/03\/so-greed-is-bad-again.html"},"modified":"2009-03-05T07:57:24","modified_gmt":"2009-03-05T07:57:24","slug":"so-greed-is-bad-again","status":"publish","type":"post","link":"https:\/\/www.beliefnet.com\/columnists\/progressiverevival\/2009\/03\/so-greed-is-bad-again.html","title":{"rendered":"So, Greed is Bad Again?"},"content":{"rendered":"

Greed ranks third on the seven deadly sins<\/a>, But only some of the time.  Nancy Folbre opens her revealing column called Sin Cycle<\/a> with this reminder;<\/p>\n

\n

In Oliver Stone’s classic film “Wall Street,” a charismatic capitalist named Gordon Gekko proclaims, “Greed is right. Greed works<\/font><\/a>.” Libertarians influenced by Ayn Rand make similar pronouncements<\/font><\/a>. Other conservatives occasionally indulge. In 1986, the New York Times columnist William Safire published a sincere “Ode to Greed<\/font><\/a>.” <\/p>\n<\/blockquote>\n

Americans have an on again off again relationship to greed. In good times, greed is good, and if greed is mentioned it is to praise it’s power as fuel for capitalism.  In bad times, greed is bad and approached with studied surprise that it might be the cause of problems.   Check out this chart listing the times that the NY Times mentions greed – pretty much always in bust times:<\/p>\n

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 <\/div>\n
A challenge to William Safire, and Ayn Rand suporters – try for a little conistancy.   Where is the benefit of greed from the perspective of today’s crisis?  Is the greed of no holds barred free market captialism that so many conservative Christians and their Repbulican politicians cheerlead still good?  Answer –  greed is bad. It is a sin all the time. The end. <\/div>\n

  <\/p>\n","protected":false},"excerpt":{"rendered":"

Greed ranks third on the seven deadly sins, But only some of the time.  Nancy Folbre opens her revealing column called Sin Cycle with this reminder; In Oliver Stone’s classic film “Wall Street,” a charismatic capitalist named Gordon Gekko proclaims, “Greed is right. Greed works.” Libertarians influenced by Ayn Rand make similar pronouncements. Other conservatives occasionally indulge.…<\/p>\n","protected":false},"author":51,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-457","post","type-post","status-publish","format-standard","hentry","category-economy"],"yoast_head":"\nSo, Greed is Bad Again? - Progressive Revival<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.beliefnet.com\/columnists\/progressiverevival\/2009\/03\/so-greed-is-bad-again.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"So, Greed is Bad Again? - Progressive Revival\" \/>\n<meta property=\"og:description\" content=\"Greed ranks third on the seven deadly sins, But only some of the time.  Nancy Folbre opens her revealing column called Sin Cycle with this reminder; In Oliver Stone’s classic film “Wall Street,” a charismatic capitalist named Gordon Gekko proclaims, “Greed is right. 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Other conservatives occasionally indulge.…\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.beliefnet.com\/columnists\/progressiverevival\/2009\/03\/so-greed-is-bad-again.html\" \/>\n<meta property=\"og:site_name\" content=\"Progressive Revival\" \/>\n<meta property=\"article:published_time\" content=\"2009-03-05T07:57:24+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/graphics8.nytimes.com\/images\/2009\/03\/04\/business\/economy\/folbre.jpg\" \/>\n<meta name=\"author\" content=\"Paul Raushenbush\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"So, Greed is Bad Again? - Progressive Revival","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.beliefnet.com\/columnists\/progressiverevival\/2009\/03\/so-greed-is-bad-again.html","og_locale":"en_US","og_type":"article","og_title":"So, Greed is Bad Again? - Progressive Revival","og_description":"Greed ranks third on the seven deadly sins, But only some of the time.  Nancy Folbre opens her revealing column called Sin Cycle with this reminder; In Oliver Stone’s classic film “Wall Street,” a charismatic capitalist named Gordon Gekko proclaims, “Greed is right. 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Paul B. Raushenbush is the moderator of the Progressive Revival blog and the Associate Dean of Religious Life at Princeton University. .An ordained American Baptist minister, Rev. Raushenbush speaks and preaches at colleges, churches and institutes around the country including the College of Preachers at the National Cathedral in Washington D.C., The Chautauqua Institute in upstate New York, and the New America Foundation. Rev. Raushenbush has served at Seattle First Baptist Church, the Presbyterian Chaplaincy at Columbia University and as College and Young Adult Minister at The Riverside Church in New York City. He has appeared on ABC World News Tonight and is a repeated guest on CNN. He has been quoted in The New York Times and The Washington Post and is a contributing editor for Beliefnet.com. His first book, Teen Spirit: One World, Many Faiths (HCI) was released in the Fall of 2004. He is the editor of the 100th Anniversary edition of Walter Rauschenbusch\u00e2\u20ac\u2122s book Christianity and the Social Crisis \u00e2\u20ac\u201c In the 21st Century (HarperOne). His work at Princeton includes strengthening the interfaith community on campus. He is the Co-Director of the Program on Religion, Diplomacy and International Relations at The Liechtenstein Institute on Self Determination at Princeton University. Rev. Raushenbush studied religion at Macalester College before attending Union Theological Seminary in New York City where he graduated with distinction.","url":"https:\/\/www.beliefnet.com\/columnists\/progressiverevival\/author\/praushenbush"}]}},"_links":{"self":[{"href":"https:\/\/www.beliefnet.com\/columnists\/progressiverevival\/wp-json\/wp\/v2\/posts\/457","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.beliefnet.com\/columnists\/progressiverevival\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.beliefnet.com\/columnists\/progressiverevival\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.beliefnet.com\/columnists\/progressiverevival\/wp-json\/wp\/v2\/users\/51"}],"replies":[{"embeddable":true,"href":"https:\/\/www.beliefnet.com\/columnists\/progressiverevival\/wp-json\/wp\/v2\/comments?post=457"}],"version-history":[{"count":0,"href":"https:\/\/www.beliefnet.com\/columnists\/progressiverevival\/wp-json\/wp\/v2\/posts\/457\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.beliefnet.com\/columnists\/progressiverevival\/wp-json\/wp\/v2\/media?parent=457"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.beliefnet.com\/columnists\/progressiverevival\/wp-json\/wp\/v2\/categories?post=457"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.beliefnet.com\/columnists\/progressiverevival\/wp-json\/wp\/v2\/tags?post=457"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}