Thanks for taking the time to offer a balanced opinion. I find myself largely agreeing with your sentiments.

I think there must be a better balance to be struck between the approach taken in Europe (seen as too difficult to fire people, which isn't conducive to a healthy business environment) and to the American approach (you can be fired at-will).

I myself like to watch US-based documentaries like Gasland, Food Inc., Inside Job and Boogie Man: The Lee Atwater story. I know these stories are biased, but I'm silently horrified by the sheer extent to which the odds are stacked against the good of the ordinary person in favour of big business. For example, in the film "Inside Job" an IMF banker made the extraordinary revelation that a Wall Street banker basically said to him in a meeting: "Please regulate us. We're too greedy. If you don't regulate us we'll continue to cause markets to blow up because we can't help ourselves." This was before the bailouts, so the banker was genuinely terrified that the banking system would utterly collapse and that they would lose everything.

Also important however, is to ponder on why America is so rich and why America to a large extent drives the global pace of innovation. There are smart, ambitious people there who can get access to capital and raw talent that is unavailable anywhere else in the world. These conditions must have sprung up in America for a reason - the environment was fertile enough for them to take root. By having a thriving, innovative economy, everybody wins. The standard of living improves for everyone. You get to keep your sovereignty by being rich - just look at the PIIGS (Portugal, Italy, Ireland, Greece and Spain). They lost economic sovereignty (except for Spain, but it could happen to them too) by being economically weak. (You can also lose political sovereignty if you are poor, as you can't afford all the military hardware to fight off an enemy). I would urge you to read "The Ascent of Money" by Niall Ferguson. He makes excellent points as to why money, and innovations like bonds, stock and insurance actually drive countries forward. For example, the riskiness of the Dutch voyages to the far-East in the late 1500s onwards were mitigated against by forming a limited-liability company, where stock could be sold to ordinary investors. If it weren't for this innovation, then the risk of the voyage would have turned people off from financing such a risky prospect. The voyages were highly successful overall and a remarkable new financial innovation was born. I think what you see in America today is a mix of these very good ideas with some very bad ideas too.

"To answer your question though, I do believe that it is roughly true that pursuing riches makes it harder to be a moral person. It's not impossible but I do believe it is harder. It is my belief that in a majority of cases one's morality and perception of what is right/wrong/acceptable changes for the worse as they acquire more money."

Money certainly seems to change people (can't say first hand because I'm one of those aspiring millionaires!) I think if you have a solid moral compass to begin with, and realise just because you may be wealthier than someone else doesn't make you better or more important than them, then you will be ok. This is probably difficult as you've mentioned. However, look to the likes of Warren Buffett - he's giving nearly all of his fortune to charity. Or Elon Musk, who is using his wealth trying to advance electric vehicles because the incumbents either can't or won't, and to further space exploration also. Or Bill Gates, who after a career being accused or being a bully and a monopolist, seems to be using his wealth and privileged position to try to make the world a better place. So there is cause for optimism for being wealthy doing the right thing.

"I believe it is true that the love of money is the root of all evil (as a rough approximation)."

My take is that the blind pursuit of money, to the detriment of other considerations, is the root of (some/all) evil. The lack of money causes a lot of evil too.