Greed - Vital to Human Welfare
What's the noblest of human motivations? Some might be tempted to answer: charity, love of one's neighbor or, in modern, politically correct language: giving something back to the community. In my book, these are indeed noble motivations, but they pale in comparison to a much more potent motivation for human action. For me the noblest of human motivations is greed. I don't mean theft, fraud, tricks, or misrepresentation. By greed I mean people being only or mostly concerned with getting the most they can for themselves and not necessarily concerned about the welfare of others. Social consternation might cause one to cringe at the suggestion that greed might possibly be seen as a noble motivation.
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The reason Texas cattle ranchers and Idaho potato farmers make those sacrifice is that they love themselves. They want more for themselves. In a word, they are greedy!
But that is the miracle of the market. Through serving the wants of one's fellow man, one acquires more for himself. That is precisely what Adam Smith meant when he said, "It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their regard to their own interest.
We address ourselves, not to their humanity but to their self-love, and never talk to them of our own necessities but of their advantage." Adam Smith added, "By pursuing his own interest he frequently promotes that of society more effectively than when he really intends to promote it. I have never known much good done by those who affected to trade for the public good." One might pause here for a moment and ask: How much beef and potatoes would New Yorkers enjoy if it all depended on human love, charity and kindness? I'd be worried about New Yorkers.
Greed or if you like "enlightened self-interest", promotes other wonderful outcomes. It's nice that present generations conserve on scarce resources in order to make those resources available to future generations. Owners of buildings make sacrifices of current consumption, and spend resources on maintenance that extends the useful life of
One does not expect them to prepare food or drink for us because they want us to eat. The baker wants to earn enough money to feed his family and buy the things he wants and the most effective way he has found to do that is to bake bread for you. In fact his bread has to be good enough and the service friendly enough that you are willing to give up your money freely in exchange for his bread. The baker while serving his self-interest has produced a good that is very valuable to you. The miracle of a market system is that self-interest produces behaviour that benefits others.
The Natural is a book about not only baseball, but all the little things that go along with the game. The main character, Roy is already 35 years old and is just starting his career in professional baseball. He is surrounded by numerous shady characters that influence him in a bad way and cheat him out of what he is rightfully owed. Baseball at this point in time is not a very lucrative job and that leads to a lot of greed among all parties. Throwing games because of bribes from bookkeeper’s was absolutely rampant at this point in time. This book shows baseball in a different light than many think of, as the business and gambling part of the game are amplified in this book showing the greed of many characters in the book and as a way to reflect
In section five, Richards discusses a relationship between greed and capitalism. Even though there are some authors that argue that greed is not necessarily bad, Richards makes it clear from the very beginning that greed is unacceptable as it is one of the seven deadly sins. Nevertheless, he also states that bad individual intentions can sometimes lead to good outcomes on a social basis. For instance, someone can start a company out of greed, but if that company succeeds, it contributes to the economy of the society. This argument suggests that the outcome is more important than the intention, which ironically contradicts the Bible used as the reference at the beginning since Jesus emphasizes that good intention is more important than the outcome.
Although Catch-22 is a novel that entirely takes place at war, the book uses comedy to emphasize the physical and emotional pain of war. The novel shows us how people are changed by war and how their focuses are changed through different experiences. Many of the people in the book are disgusted by their commanding officers and the conditions around them. Joseph Heller served in the war and witnessed crazy occurrences and met strange people like those in the book. By reading the novel, we can see that he strongly disliked war. There are many themes in the novel, two of the main themes are the greed for power and money.
In the “Gospel of wealth”, Andrew Carnegie argues that it is the duty of the wealthy entrepreneur who has amassed a great fortune during their lifetime, to give back to those less fortunate. Greed and selfishness may force some readers to see these arguments as preposterous; however, greed is a key ingredient in successful competition. It forces competitors to perform at a higher level than their peers in hopes of obtaining more money and individual wealth. A capitalist society that allows this wealth to accumulate in the hands of the few might be beneficial to the human race because it could promote competition between companies; it might ensure health care for everyone no matter their social standing, and parks and recreation could
Greed is the excessive desire to acquire or possess more, and it is also one of the biggest creators of tragedy. This is so vividly shown in both the novel The Sun Also Rises and in the play Macbeth. In The Sun Also Rises, this greed is directed toward a person, Lady Brett Ashley. Five men; Mike, Jake, Pedro, Bill, and the Count, are fighting to be with her throughout the book. In Macbeth, this greed is directed toward power as Macbeth wanted to become King, and what he does to become it. However, this greed led to the collapse of each character. Lady Ashley left all five men, leaving them devastated, while in Macbeth; an opposing army overthrew Macbeth. In both stories, greed drives the main character to do something, which is then
Called the Father of Modern Economics, Adam Smith was an enormous advocate for private markets. He supported an economic system based on the decision making by individuals instead of the government. Smith felt that no one person or a group is fit to make decisions for a whole population of people and that the population knows how to make decisions for its welfare. In Smith’s mind, people work to supplement their own lives, and when people seek individual economic gain then they unexpectedly promote society and stimulate the economy subconsciously. If people earn more money by working harder then almost all people will work harder. Smith insinuates that people are naturally self preserving and by default selfish; but to a point. Everyone has something that they want and in this world most things can be obtained if a person has enough money. Smith believes that every man should be free to
“An incentive is a bullet, a key: an often tiny object with astonishing power to change anything”(Levitt 20). What professor Steven D. Levitt (a professor of economics at the University of Chicago’s dictum here is that the incentive has a lot of power in this world). And that the metaphor of comparing “incentives”to a bullet really speaks wonders to their strengths. They can change almost any situation by motivating someone to do something in a business situation, all the way to education fields. After many years of college, business and economics students are being taught how to be greedy in college. It is only a matter of time before greed is too powerful. Incentives and greed both have favorable and critical effects on individuals and the populace, but when connected together both can have dangerous effects on future selections.
The article by Thomas Cassidy, points out the instrumental role that greed plays in the modern corporation. Modern Economists have always seen greed as not only a necessary element in the corporate environment, but as also a vital part of the successful evolution of a public company. As the article points out, “Economists from Adam Smith to Milton Friedman have seen greed as an inevitable and, in some ways, desirable feature of capitalism. In a well regulated and well balanced economy, greed helps to keep the system expanding”.
Greed is a sin of excess that every single human being has at least a little bit of. When someone has the opportunity to get as much of something as they possibly can, they will go to great lengths to get everything out of it. In the story “The Monkey’s Paw,” by W. W. Jacobs, the White family experiences a big test of greed, and they even tamper with their fate to get it. Before the Whites even knew about the paw, they were living a normal, but decent, lifestyle that got them by day-to-day without any troubles. Once they received this one idol in their life that could grant any three wishes that they could possibly think of, their mind set was altered and their greediness to change their fate kicked into play. Jacobs uses themes of
In Wealth of Nations, self-interest seems to be synonymous with selfishness, and be the driving force of capitalism and the necessary ingredient for personal and economic wealth. This is, however, and partial and superficial view. Although in Wealth of Nations Smith does declare that human’s primary motive for most actions is self-love, all of their actions are still made within the moral parameters of society, which were created because of sympathy. A man, for example, will not pursue his self-interest at any cost to the people around him. He has to be ethical and fair in his interactions in order to be seen as morally and socially acceptable. In this way an understanding of, and cooperation with the sympathetic nature of society proves to further one’s self-interests. Therefore, to act morally and sympathetically is in fact an act out of self-interest.
Greed is among us and within Americans all the time, but one night a year it comes out in the worst way possible… Black Friday shopping. Black Friday happens every year the day after Thanksgiving, where stores put big sales on their products and open their doors early in the morning waiting for the chaos to commence. During the time of the sales people become greedy and crazy and are willing to do almost anything just to try and save a couple of dollars. Every year on the news people hear about all of the injuries and even deaths that take place during Black Friday. During this time greed gets the best of a lot of people, and you can see images of people diving on top of each other like they are objects just to get a good deal. These people have just come from Thanksgiving where they talk about how they are thankful for everything that they have, but then a couple of hours later they become crazy trying to get more stuff. In the TV episode Black Friday from the TV show Superstore they are able to portray what happens during the early mornings of Black Friday. Within the episode they are really able to portray how greed gets the best of us and how crazy people can really become just trying to get good deals on this terrible night.
A famous philosopher Socrates once said, 'the unexamined life is not worth living.' With that idea, the question 'Are Human Beings Intrinsically Evil?' has been asked by philosophers for many years. It is known as one of the unanswerable questions. Determinists have come to the conclusion that we are governed by the laws of science, that there is nothing we can do about ourselves being evil because we naturally are. Evil is simply the act of causing pain. In this essay I will argue that human beings are born with a natural reaction to 'fear and chaos' to be instinctively evil.
The Virtue of Selfishness by Ayn Rand looks in depth at the word selfishness in the perspective of morals. Rand identifies selfishness as a concept of the survival which directly relates to moral issues and whether they are related to good and evil. A new word “altruism” is introduced by Rand to pose two moral questions, “(1) What are values? (2) Who should be the beneficiary of values? (Rand 169).” The selfishness in relation to morals to benefit themselves and not others is the selfishness and thus the concept of justice is inherently ignored. Thus this behavior is cynical toward society and others. Rand explains her position on being selfish if it does not disrupt the concept of “his life by his own effort and neither sacrifices
Most of us assume that selfishness is both wrong and unhealthy. But is this true?