Tales of Greed and the Search for Remedies

In Michael S. Pritchard & Elaine Englehardt (eds.), Everyday Greed: Analysis and Appraisal. Springer Verlag. pp. 25-41 (2021)
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Abstract

Examples of greed and environmental beneficence will be discussed in this chapter. The first example involves the crash of Wallstreet in 2008. Subprime mortgages instruments, complex derivatives and overleveraging in investment banks were major provocateurs in bringing down the economy. Volkswagen’s deceptive practices in measuring diesel fuel efficiency follows. The final example of greed is Boeing and the shoddy decision-making processes on the Boeing 737 MAX that led to the catastrophic crashes resulting in 346 deaths. Good news examples comprise the second focus of this chapter. Some corporations have also demonstrated practices of good will, particularly toward the environment. We focus specifically on Interface Carpets, Unilever and 3M.

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Elaine Englehardt
Utah Valley University

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