The New York Times ripped Google's idealism and "Don't Be Evil" ethic as "embarrassingly naive."

But The Wall Street Journal is a believer. In Google's Idealistic IPO, Tim Hanrahan and Jason Fry write that Google is defiant:

It scoffed at the idea of quarterly earnings guidance, warned potential investors that it wasn't a conventional company and "we do not intend to become one" and swore that it plans to make high-risk, high-reward bets.

The article continues that Google is "idealistic as well as defiant, proudly invoking its mantra of "Don't Be Evil."

To the New York Times' cynicism the authors reply, "we giddily disagree." Unlike "all those dead dot-coms that swore to change the world, Google already has."

Google has emphasized truth, objectivity, and a willingness to "Don't Be Evil" more than any big company in memory--and they appear live their words. This could be a much-needed revolution after years of scandal and betrayal of the public trust.

The authors concede that "many revolutions end badly," and "Google will have a tough time staying its course and proving that continuing to do well and do good are possible for a large corporation."

"But, based on its track record, we give Google's revolution a shot."