Word: self-interest
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...short-lived. With the mere threat to remove federal funding, the American government forced the Seminoles’ hand, restoring the freedmen their much-deserved citizenship. If the government were to reissue this threat against the Cherokee, the freedmen would likely be reinstated, even if only out of Cherokee self-interest...
...airports. If, however, the transaction costs are manageable, privatized security policies would incentivize more rational cost-benefit analysis, leading to policies that are both more effective and innovative. Faced with the threat of multi-million dollar lawsuits and irreparable damage to their reputation (think Pan Am), airlines’ self-interest would improve flight security far more than government central planning...
...such. In an effort to teach young people how to manage money, Wells Fargo & Co. created an amusement park island on Second Life in 2005 where users could withdraw money from ATMs. Underlying this supposedly instructive intent, was, of course, Wells Fargo product placement. Overemphasis on profit and self-interest is indicative of larger problems in Second Life...
...Second Life. EPN wrote that “there is no solid middle class in Second Life. People are either ‘poor’ or they earn a lot.” A main cause of this is the ease with which users can pursue their self-interest and desires for profit. But what really unites these problems of profit and short-sighted decisions is a general lack of empathy. Users who pursue wealth at the cost of cooperation, teaching, and sound decisions have implicitly exhibited a hierarchy of values that is headed by money...
...While the United States is mired in a failing attempt to impose democracy in Iraq, other major powers are engaged in blatant pursuit of economic self-interest and nationalism. Today, the U.S possesses too little economic or political leverage to curb this trend. China is our greatest creditor—they finance the national debt. And at least for the foreseeable future, we will be forced to rely on the natural resources of countries with, at the very least, un-democratic governments, including Russia. This may indicate the slow demise of the ideals of Western democracies as the point...