Greed

Posted on December 25, 2011

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The whole concept of greed stems from the fact that there is not enough to go around if one person takes more than their share…  Greed innately recognizes that there are limits to resources, that the pie is of a set size.  And it says, “I need to take more than the other guy”.

Yes, Greed in it’s form of personal ambition can produces human “achievement” in some respects as Milton Friedman points out in the video below, but this does not mean that all forms of greed and the Capitalistic system which is basically fueled by the self interest drive of greed is therefore completely right.

Greed is something that we all suffer from – and I should first remove the plank in my own eye before I attempt to remove the speck from my brothers eye – and if we all did this there would not be a problem.  But there is also a time to speak out and take action against Social Injustice, and not to sit idle. There is a time to judge others and to take back from the rich for the sake of the poor – and possibly by force.

There is a ideal that says – the time has come in the developed world where there is enough “stuff” already, we don’t need any more roads, cars, luxury boats and gold encrusted watches, we just need to be content with what we have and we need to distribute it better. There is an ideal that says, we are at the point where the productivity gains that the Capitalistic system have given us can now be enjoyed, where we can rest on our laurels rather than grow just for the sake of growth.  Where someone is not considered “lazy” if they only work 15 hours a week and with the rest of their time they practice the arts, talk, relax, and simply sit.

Success is not having what you always wanted, but wanting what you have

Greed is never content, it always cry’s out for more


Greed: is an excessive desire to possess wealth, goods, or abstract things of value with the intention to keep it for one’s self.

Greed: is inappropriate expectation applied to a very excessive or rapacious desire and pursuit of wealth, status, and power.

Greed: is an inordinate desire to acquire or possess more than one needs or deserves.

Greed: typically used to criticize those who seek excessive material wealth, although it may apply to the need to feel more excessively moral, social, or otherwise better than someone else.

Milton Friedman pointing out that in his view the only case in recorded history where “the masses” are well off is where Capitalism and Greed reign…  an interesting point for sure and on the simple face of it, persuasive, but there has to be a better way.  He is basically saying greed is good here…. He says nothing about the unfair distribution and limits of such a system, it is an incomplete argument…  but he is right in having us each ask “What is Greed?” and in pointing the mirror back at ourselves and highlighting that we are all greedy….

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Posted in: Greed