Âé¶¹´«Ã½

Beware the destructive nature of greed

By A. C. Grayling

5 November 2008

Âé¶¹´«Ã½. Science news and long reads from expert journalists, covering developments in science, technology, health and the environment on the website and the magazine.

The current financial meltdown is the result of unrestrained greed

PYTHAGORAS said that there are three kinds of people, who can be classified by analogy to those who attend the games: competitors, spectators, and those who come to buy and sell under the stands. He likened philosophers (a term which for him included mathematicians and scientists) to the spectators, imputing a certain superiority to them, especially over those bartering and haggling.

The current global financial meltdown makes it easy to feel like one of Pythagoras’s spectators – if one is not directly involved or affected. Greedy speculators and bankers, wild…

Sign up to our weekly newsletter

Receive a weekly dose of discovery in your inbox. We'll also keep you up to date with Âé¶¹´«Ã½ events and special offers.

Sign up

To continue reading, today with our introductory offers

or

Existing subscribers

Sign in to your account
Piano Exit Overlay Banner Mobile Piano Exit Overlay Banner Desktop