Is it greed to seek wealth?

By | June 19, 2015

Is it Greed to seek Wealth? or just survival

Image of a man wallowing in lots of cash; portraying 'Is it greed to seek wealth'

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 fulfillment of desires.

Man is only partially satisfied in his attempt to have the fulfillment 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.

Sods Law!

As a child you inherit your parent’s ambitions as well as, their assets (if any) and debts (if any); by way of DNA, nurturing, silver spoon or good fortune.

Now depending on where you live, the size of the Population and the good-management of the countries imports and GDP (Gross Domestic Product) etc; will determine how hard you will have to physically work to pay your dues and survive. Check out the 11 best economies to live in.

If any of these circumstances are not in your favour, then you will live in monetary poverty which inherently passes down to your offspring.

Our world is being run by money-brokers and everyone needs it to pay their rulers what they owe; as a result of being born on this earth and subjected to Human kind’s pursuit of fleeting power.

Just to sustain the cost or burdens associated with that which has been or is being accumulated.

This evidently can lead to a backlash and destruction of self; generally by way of scavenging and hoarding of materials or objects, also theft and robbery. Especially by means of violence, trickery, or even manipulation of authority.

The level of inordinate greed pertains to the amount of vanity, malice or burdens associated with it, which is why it is classified as a ‘deadly sin’.

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 and join the flock.

To what extent do we join the flock and maintain Morals?

By paying taxes we empower the Economy; to which, with good-management of the economy increases the ‘real’ GDP.

This gives you a good standard of living and supposedly happiness, but is it happiness when working hard for it?

This obviously depends on the kind of work and how difficult it is, for instance; as a salesman you might start by working 12-14 hours a day to establish a good client base then eventually you could be working 4 hours a day for the same income.

There are many factors to consider, because some are happy to work all year-long for a good standard of living and 4 weeks holiday. whilst some are not happy until they own a jet plane and a garage full of cars.

Where does greed fit in?

Greed is when you stop thinking of others and only of self ‘the Ego’.

Some egos are more demanding than others, therefore justifying to themselves their excessive needs and actions.

If you have the ability and intention to help others in whatever way they need, you gain as a result of philanthropy which is Not considered as greed.
Not to say, that by greedily gaining wealth and then giving a portion of it away makes you a better ‘human being’, as some seem to think.

Is our greed because of self want or a need to be philanthropic?

We start out to survive, provide for our loved ones, enjoy a better life, explore our curiosities and ambitions, or just plain creativity.

This is ‘Human Nature’, but then once in the process of ‘Wealth Creation’ you are faced with the politics. The haves’ and the have-nots’.

Again this is human nature as mentioned before; so then your choice is to better yourself as the sole purpose of your life.

You can do this to the benefit and not to the detriment of ‘mankind’.

Your choice!

 

Let’s create wealth for those in need

At Finance Magnate UK we advocate the pursuit of wealth for the good of others.

Our endeavour is to encourage wealth creation for the benefit of the  less fortunate and we are inviting you to participate!

By interacting and brainstorming with us in any way that you feel would help others as well as yourselves:

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26 thoughts on “Is it greed to seek wealth?

  1. Pingback: Serena

    1. FMVocal Post author

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    1. FMVocal Post author

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    1. FMVocal Post author

      Hi Hanna, Thanks for your comments and regarding “Doers” yes we do find a way to hurdle each obstacle; a lot of it is done from handheld devices as well.
      The key point that you raise is that “Time” is a major factor in our lives which determines certain choices that we make therefore good time-management is essential in wealth creation.
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    1. FMVocal Post author

      Hi Lester, Thanks for your comments and yes there are many business ideas out there because it is based on supply and demand not so much about what we like. However if it happens that you like say ‘Computers’ for instance, then you will find there are many others who share your interest and then its a matter of adding your take on the subject which will open up new avenues because we all have the power to think and be creative.
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      We hope you will find it informative and thought-provoking, if so let us know either way which will help to alleviate the “downside” of working together to achieve wealth.
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    1. FMVocal Post author

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    1. FMVocal Post author

      Hi Frieda, I’m not sure everyone will know where you are coming from, but people do promise a lot without delivering which can lead to litigation etc. I agree with you that we shouldn’t fall into the trap of “trying to get the biggest property for the cheapest price”, however I believe that you are the master of your destiny and have to circumvent these obstacles on your journey to success.
      We all have to negotiate life’s trials and tribulations that are thrown at us, but with support and knowledge it can be done.
      Best wishes,
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    1. FMVocal Post author

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    1. FMVocal Post author

      Hi Giselle, thanks for taking the time to give us feedback, as this makes our site much better with input from visitors like yourself.
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