Why did greed get a bad name?

I'm never quite certain how John Stossel got, or keeps, a job on network television. He presents strong messages on self-reliance, market economies and governmental waste and deception. It's almost like he's the token "right-winger" - a sop to "diversity". Never mind why he's there, just be glad that he is.

Stossel has a great column at Real Clear Politics on how greed makes things happen. Part of that article:

If pursuing profit is greed, economist Walter Williams told me, then greed is good, because it drives us to do many good things. "Those areas where people are motivated the most by greed are the areas that we're the most satisfied with: supermarkets, computers, FedEx." By contrast, areas "where people say we're motivated by 'caring'" -- public education, public housing etc. -- "are the areas of disaster in our country. . . . How much would get done," Williams wondered, "if it all depended on human love and kindness?"

Read the whole thing, and pass along the link to anyone who believes that caring is the highest virtue.

Hat tip to the folks at Wizbang for the reference.