In Defense of Business
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C-201 In Defense of Business—The Trading Game and the Morality of Free Exchange Ed Kless @edkless Senior Director, Partner Development and Strategy
description
This session is dedicated to the possibility that business is a noble yet frequently rebuked calling. With the constant bombardment from the media to the contrary, it is oftentimes difficult to see how businesses profit not only themselves, but all of society. So much so that the notion of having to "give back" to the community is redundant. If you are interested in learning more about this defense of business and the market, please join in the conversation led by Ed Kless, Sage senior director of partner development and strategy.
Transcript of In Defense of Business
C-201In Defense of Business—The Trading Game and the Morality of Free Exchange
Ed Kless
@edkless
Senior Director, Partner Development and Strategy
CPE Credit
• In order to receive CPE credit for this session, you must be present for the entire session. – Session Code: C-201– Recommended CPE Credit = 1.5– Delivery Method = Group Live– Field of Study = Specialized Knowledge and Applications
• Visit the Sage Summit Connect kiosks to enter CPE credit during the conference.
• Session PowerPoints and materials can be found on the Sage Summit Mobile App under Documents – except for this session, please give me a business card.
#SageSummit@sage_summit
Jay Richard’s Eight Myths of CapitalismMyth Example
Nirvana Contrasting capitalism with an unrealizable ideal rather than with its live alternatives
Piety Focusing on our good intentions rather than on the unintended consequences of our action
Zero-sum Believing that trade requires a winner and a loser
Materialist Believing that wealth isn’t created, it’s simply transferred
Greed Believing that the essence of capitalism is greed
Usury Believing that working with money is inherently immoral or that charging interest on money is always exploitive
Artsy Confusing aesthetic judgments with economic arguments
Freeze-frame Believing that things always stay the same—for example, assuming that population trends will continue indefinitely, or treating a current “natural resource” as if it will always be needed
Thank you for your participation
• Contact Information: [email protected] or www.edkless.com or @edkless
