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Capitalism is founded on, and rewards, greed. In boom times, greed can take its bite from the boom.
But when the bust comes, and it always does, then greed has a choice between going on a diet and theft, fraud or some other offense.
No one has an easy time switching from intemperance to temperance.
So it isn’t just a few rotten apples in the barrel; larceny is in the nature of the capitalist beast.




