Philohof wrote:Prof wrote:Let me clarify something. I have nothing against money. It is our relationship to money that can be the problem. The casino part of the financial industry operates on the emotions of Fear and Greed. These emotions keep us from being fully moral. The problem arises when we make money into a god. This is greed. When people think money is the highest value, they will do anything for money. This results in immorality. This corrupts a person.
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Hi Prof,
thank you for your clarification,
.... You cannot change the functioning of this system by changing the values of people. ...) What you would have to do, is change the system, change its rules: You are taking a political/legal problem for an ethical one.
... it could also be that you want to say, you want to change people's values in order to change public opinion in order to put pressure on politicians to change the financial industry and its rules. Ok.,
.. but in this case you are also not talking directly about ethics;
...an ethical question in this context would be: How could a stock trader behave ethically in today's financial industry?
...you seem to prefer: How should we change the circumstances, so that acting ethically becomes easy and safe!
Best wishes
philohof
Greetings, philosof
I was struck by your statement: "You cannot change the functioning of this system by changing the values of people. ...) What you would have to do, is change the system, change its rules"
It seems to me that
ethical insight takes priority before worthwhile political change, before we devise better systems, better institutions. For why would anyone design a superior more-effective system if he/she didn’t have ethical awareness to begin with?
Am I wrong?
And why isn't talking about changing people's values talking directly about ethics? Am I mistaken when I observe that what you wrote sound like what those people say who seem to be expressing an
ethic of resignation with the status quo -- the sort of ethic that was prevalent in India up until recently -- as you hold that the only legitimate ethical discussion is how to solve a dilemma within currently-existing structures rather than any consideration of possible new contexts. I am a Futurist in the tradition of Buckminster Fuller and Ray Kurzweil as well as being a philosopher. I don't just ask "Why?" I ask also "Why not?"
-- Updated Fri Dec 09, 2011 9:06 pm to add the following --
Let’s be solution-minded! And pro-active.

Let’s scour the country and the world for “best practices.” Let’s learn from many sources, from high-performing institutions and organizations, so we can replicate the elements that contribute to strong performance.

Foundations give grants to efforts to dispose of outmoded procedures, and to learn and to share what works, to apply it to relevant situations.
The will to do this originates in the
ethical mind and in the person of good character. For he or she exercises good judgment. It starts with one’s inner life. It emerges from ‘the improving Self.’
Coleridge noted that “the more we know, the greater our thirst for knowledge.” Seneca observed: “Principles are like seeds; they are little things which do much good, if the mind which receives them has the right attitudes.”
“Though we travel the world over to find the beautiful we must carry it with us or we find it not,”said Emerson. He points out that freedom consists in liberty from negative attitudes and emotions. He writes: “Don’t be a cynic, and wail and bemoan. Omit the negative propositions. Don’t waste yourself in rejection, nor bark against the bad, but chant the beauty of the good.”
We can describe a right life as one which follows natural and beneficial rules. “Such is the picture of a beautiful life and could we see it with our own eyes, as Plato says, great would be our desire to possess Wisdom.” -- Cicero.
To understand
the process of value creation - how people of good character create better systems and better alternative institutions - see the clear explanation at
onlinephilosophyclub.com/forums/viewtop ... amp;t=5405