Wednesday, October 19, 2011

Reciprocal Alturism and the Golden Rule (October 17th, 2011)

The Golden Rule (A need when you are dealing with other people)
  • Use as a means to another end. People argue that communism is bad because of their greed but that's not actually true because people are not omniscient. They share ideas and work together to prosper.
  • If you try to produce for people, you end up starving. We are encourage to improve ourselves as individuals. Most of the benefits are felt by you but there are other benefits as well. 
  • People view the thought of owners considering others to be selfish.
Reciprocal Alturism
In this scenario, Tony gets a kidney from Tina.  Tina, ten years later, her mortgage is bad but gets a donation from the church.
  • Shrink tire and location and these seem morally wrong. Consumers think only firms are greedy and yet they hope to do well.
  • Pursing the projects that interest you brings new innovation to society. Work together on that project to make it part of existence. You can not know everything and it is too costly to consider it.
  • Economic and moral obligations to maximize the benefit of the group.
  • Acting kind can be costly to the group.
The Silver Rule is not to do others what you would consider unfair or unjust if they did it to you.
  • Use it when you are dealing with strangers. It is okay to be considerable with your own money, not others.
  • No such thing is a profit. If you sacrifice profit you may go out of business and running profitable in business requires "love" or better said passion. Socially responsible to maintain profit for you and others. Not enough love to go around and money is always a good thing.
  • Relying on strangers is better than friends
  • Leave love to friends and transactions to strangers.

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