Greed will always be with us, and depending on how it is defined it is in and of itself not so negative. But what I see lacking is individual responsibility and rationality---we are seeing more nakedly now the deleterious effects of corporatism, of individuals hiding behind the corporate "veil". This is labeled by some as "capitalism" or "free markets", but I think "corporatism" is more appropriate. It could also be described as "fascism", where the essential characteristic is the interpenetration of government and business, although the f word has highly charged connotations that don't always properly append---at least not yet.
I recently had to drive back to Washington from Orlando after all flights were cancelled. The rental car clerk asked whether I'd mind taking a Toyota Camry that had gone through the recall process. "I'll take it," I replied. The front-wheel drive helped get me back into my snowed-in neighborhood in northern Virginia. Still, it was interesting to see a rental car agent reluctant to offer a customer a Toyota.
It's a shame. When I rent cars, I prefer Toyotas. I fear they will cease to be available at the rental agencies. My second preference is for the Nissan brands, followed by Ford. I try very hard to steer clear of Government Motors, as I believe it is a travesty for the U.S. Government to be in the car business, owning the company it buys cars from.
So, once again, a moral failure results in business failure. These events are interesting in light of Kenneth Hopper's book, "The Puritan Gift", which lays blame for the degradation of US, and now multinational, businesses at the feet of b-schools that placed quarterly results (read "Greed") above all else.
Drones are, in essence, flying autonomous vehicles. Pros and cons surrounding drones today might well foreshadow the debate over the development of self-driving cars. In the context of a strongly regulated aviation industry, "self-flying" drones pose a fresh challenge. How safe is it to fly drones in different environments? Should drones be required for visual line of sight – as are piloted airplanes? Join EE Times' Junko Yoshida as she moderates a panel of drone experts.