Nick Hanauer: Greed Sociopath

Posted by admin on Tuesday, September 17, 2019

Nick Hanauer Money Quote saying that Gordon Gecko was wrong in the 1987 movieWall Street’ and instead calls greed a mental illness. Nick Hanauer said:
 
Greed is not good: Being rapacious doesn't make you a capitalist -- It makes you a sociopath Quote
 

“Greed is not good: Being rapacious doesn’t make you a capitalist — It makes you a sociopath” — Nick Hanauer

 

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Nick Hanauer is saying that greed and being excessively rapacious (eager to acquire wealth or possessions by aggressive or dishonest means) does not make someone a true capitalist.

True capitalism involves operating businesses and acquiring wealth through legitimate means that create value for customers and society. However, being overly rapacious and caring only about acquiring wealth for oneself in harmful or dishonest ways is a sign of sociopathy, which is an antisocial personality disorder involving lack of empathy and remorse.

In this quote, Hanauer is arguing that true capitalism should not promote or celebrate excessive greed and rapacious behavior that harms others or society.

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