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Are Traders Ethical
- Thread starter OPTIONAL777
- Start date
Ayn Rand
THE TRADER
The symbol of all relationships among such men, the moral symbol of respect for human beings, is the trader. We, who live by values, not by loot, are traders, both in manner and spirit. A trader is a man who earns what he gets and does not give or take the undeserved. A trader does not ask to be paid for his failure, he does not ask to be loved for his flaws. A trader does not squander his body as fodder, or his soul as alms. Just as he does not give his work except in trade for material values, so he does not give the values of his spirit --his love, his friendship, his esteem -- except in payment and in trade for human virtue, in payment for his own selfish pleasure, which he receives from men he can respect. The mystic parasites who have, throughout the ages, reviled the trader and held him in contempt, while honoring the beggars and looters, have known the secret motive of their sneers: a trader is an entity they dread -- a man of justice.
From what I've heard, back in the old days (I hate that phrase), before the electronic markets and global technology, trades were done on a nod, and a handshake. If you welched on a trade, word got around, and there was nobody who would take the other side. Back then your word was your bond. Sorry to say, that is the exception, rather than the rule. Not just in trading, but in every aspect of every business.
Ethical? How can you determine ethical when we as a culture have gotten away from absolutes.
There was a time when people would go into business to provide a service and to fill a need, and make a living while doing it. Now the word service is over used and under delivered.
I don't agree with everything Objectivity embraces, but I do love that quote.
Remember, the love of money is a root of all kinds of evil, not the money itself. I Tim. 6:10
H
Originally posted by andrewh
I personally consider it the sole privelage of the rich to sit around
and worry if they earn their money ethically.... most of us are just trying to get ahead a little.....
I submit that it's the responsibility of every man to assess whether his actions are in agreement with a conscience informed by Truth.
Gordon Gekko wrote: >i'd still trade if the bible flat out condemned it. f the bible..<
You're such white trash
You're such white trash
chasinfla,Originally posted by chasinfla
Gordon, it's not wise to knock it if you haven't read it and at least attempted to understand it, and I suspect you want to be wise.
although i do generally believe the things i have said, i am deliberately overreacting to get responses out of people. i am not as big of a jerk as i appear. hehe
<font size=1>--- Jeffery K. Salkin, <i>Being God's Partner</i></font>.Understand then: These are imitators of God: Artists, musicians, choreographers, sculptors, playwrights, architects, builders, and designers. In our time, computer programmers are God-imitators, creating entire binary, microchip-driven universes.
Traders, to the extent that their activities bring about the efficient allocation of goods and services, provide depth and liquidity to free markets, bringing order to the chaos of numbers which facilitate the economies that feed, cloth, house, and occupy civilization.
What an awesome privilege.
I apologize for the comment, mr. Gekko. Please forgive me.
sincerely,
BOLT
sincerely,
BOLT