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Since the rise of Thatcherism and Reaganism in the 1980s, and their poisonous economic and social philosophy, all that once was considered as vices, became virtues: greed, selfishness, individualism, arrogance, indifference, intolerance, and much more. These vices became the values of a crony, feral capitalism: Greed is Good and the hell with the rest.

However, it seems, as shown in a new study, that times are changing. “Most people now look on unethical money as tainted, research has suggested, in a reversal of the stereotypical 1980s theory that "greed was good".

The study showed that this stems from fear of 'moral contagion' and suggests that the source of wealth really does matter.

When people think of money as ill gotten gains - such as that earned from unfair work practices or unfair trading - they attached less value and purchasing power to it.”

The study suggests that morality is an important force shaping economic decision-making, whilst for most people, morality is a powerful force that shapes economic decisions and even alters how we perceive the value of money itself.

Read more:

Greed is no longer good, study finds

Greed is no longer good, research suggests, as scientists find people view ill-gotten money as tainted and worth less.

http://www.telegraph.co.uk/finance/personalfinance/10019953/Greed-is-no-longer-good-study-finds.html