Is greed an innate characteristic or a learned societal characteristic (nature versus nurture)?  Question 5a: If you believe we are all greedy, explain to me what purpose regulation really serves. If everyone is greedy, that would mean the regulators are as well, so is the regulation helping in any way to alleviate the greed? Are the regulations intended to moderate greed? If not, what are the regulations intended to do?

Social Psychology (10th Edition)
10th Edition
ISBN:9780134641287
Author:Elliot Aronson, Timothy D. Wilson, Robin M. Akert, Samuel R. Sommers
Publisher:Elliot Aronson, Timothy D. Wilson, Robin M. Akert, Samuel R. Sommers
Chapter1: Introducing Social Psychology
Section: Chapter Questions
Problem 1RQ1
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Question

Is greed an innate characteristic or a learned societal characteristic (nature versus
nurture)? 

Question 5a: If you believe we are all greedy, explain to me what purpose regulation really
serves. If everyone is greedy, that would mean the regulators are as well, so is the regulation
helping in any way to alleviate the greed? Are the regulations intended to moderate greed? If not,
what are the regulations intended to do?


Question 5b: If you believe we are not all greedy, explain to me what purpose these regulations
serve. I am certain that we all agreed that some are greedy, so what part of the regulations is
deterring those people? Are the regulations deterring those people? Are these greedy people not
being deterred at all? Is there some other process, not directly regulation, that is deterring the
greedy people from their nefarious plans?

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