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The Ludwig von Mises Institute  Advancing Austrian Economics,
Liberty, and Peace  Advancing the scholarship of liberty in the
tradition of the Austrian School  Search Mises.org  The Problem
of Corporate Greed  Mises Daily: Friday, November 14, 2003 by
The  prospect of "Corporate greed" terrifies everyone in
government, everyone in leftist mass media, and most men on the
street. Unethical corporate behavior is blamed for water
pollution, air pollution, major bankruptcies, low wages, global
warming, product safety problems, skin cancer, and cultural
ennui.  What free-marketeers don't always make explicit is that
the government and media Chicken Littles are right in part:
Corporations are indeed out to make a profit. Of this point, we
must first observe the first lesson of business economics, as
taught by the classical school markets in the 18th century.
However greedy or altruistic a businessperson happens to be, the
institutions of the market