Is it Greed to seek Wealth?
Greed; also known as avarice, cupidity, or covetousness is the inordinate desire to possess wealth, goods, or objects of abstract value with the intention to keep it for one’s self, far beyond the dictates of basic survival and comfort. It is applied to a remarkably high desire for and pursuit of wealth, status or power.
“Greed is all right, by the way. I want you to know that. I think greed is healthy. You can be greedy and still feel good about yourself”.
This was said by Ivan Boesky who famously defended greed in a May 18, 1986, commencement address at the University of California, Berkeley’s School of Business Administration.
This speech inspired the 1987 film ‘Wall Street’ which features the famous Gordon Gekko line:
“Greed, for lack of a better word, is good. Greed is right, greed works. Greed clarifies, cuts through, and captures the essence of the evolutionary spirit. Greed, in all of its forms; greed for life, for money, for love, knowledge has marked the upward surge of mankind.”
It is also said that: “The chief expressions of greed are related to the emotional part of man, greed is a state of restlessness of the heart, and it consists mainly of craving for power and possessions”.
“Possessions and power are sought for the fulfilment of desires. Man is only partially satisfied in his attempt to have the fulfilment of his desires, and this partial satisfaction stokes and increases the flame of craving instead of extinguishing it”.
Thus greed always seeks to find an infinite field of conquest and leaves the person endlessly dissatisfied.
As a child you inherit your parent’s ambitions by way of nurturing; as well as, their assets (if any) and debts (if any).
Now depending on where you live, the size of the Population, the good-management of the countries imports and Gross Domestic Product (GDP); will determine how much you will have to physically work to pay taxes and survive.
If any of these circumstances are not in your favour then you will live in monetary poverty, which passes down to your offspring.
The world is being run by money, everyone needs it to pay the taxes that they owe as a result of being born on this earth and subjected to Human kind’s pursuit of power; or to sustain the cost or burdens associated with that which has been or is being accumulated; this can lead to a backlash and destruction of self or more generally by way of scavenging and hoarding of materials or objects, theft and robbery; especially by means of violence, trickery, or manipulation of authority.
So, the level of inordinate greed pertains to the amount of vanity, malice or burdens associated with it.
So is it Greed to seek wealth or just survival?
Seeking wealth is a way of ensuring a life absent of poverty and isn’t necessary for survival; however our constraint or compulsion is regarded as a natural law governing all human action, so either you do without or you seek gain.
By paying taxes we empower the Economy; to which, with good-management of the economy increases the real GDP, which gives you a good standard of living.
So where does greed fit in?
Greed is when you stop thinking of others and only of self ‘the Ego’ if you gain as a result of philanthropy then this is not considered as greed.
This is not to say that by greedily gaining wealth and then giving it away makes you a better human being as some stockbrokers seem to think.
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