What are the ways that greed is BENEFICIAL to a society and the individual? Why has greed been
perceived so negatively when it is greed that advanced economies, giving people a high standard of living beyond poverty/poverty; further realizing that greed is a natural part of humankind?
Some people just feel it's unfair to see some people with so much while others have very little. The marketplace determines whether or not an NBA player should earn more than a heart surgeon.
Last year it was reported Warren Buffet earned $37 Million per day as a hedge fund manager. He could only make that much because people want to invest with him because he gets them great returns.
J.K. Rowling Net Worth of $1 billion came from the royalties she is receiving from her books and from the Harry Potter franchise.
Manoj Bhargava, creator of the 5-hour Energy drink has net worth of $4 billion. Once again the market has spoken.
Mark Zuckerberg founder of Facebook current net worth is 35.7 Billion. Over 500 million people use Facebook to connect with others. Manufacturers pay for exposure by being "Liked"
It's impossible to become massively successful without benefiting others whether it's creating jobs, investing, producing products/services, acquiring products or services from others.
No one gets rich by staying home and printing money.
Even if they could at some point they would have to buy something from someone which would stimulate the economy and provide jobs. Money that is stored in banks is loaned out by the bank for interest.
Money constantly circulates!
To answer your second question and comment on the first answer: Martin Shkreli, the capitalist who repriced a $13.50 pill at $750.
This^ One can be motivated without crossing the line into pure selfishness and greed.
Mr. Shkreli has crossed into the demonic. This is evil to the core . There is good greed and there is bad greed. He is exhibiting BAD GREED.
by My Esoteric 3 years ago
It just occurred to me, and I wanted to record it before it slipped away again, that there are two types of Capitalism; Theoretical and Practical (Duh!) What I also noticed is that the endless debates about capitalism between the Right and the Left go on and on, into infinity without each...
by Don W 5 years ago
This is a continuation of a conversation from another thread, which morphed into a discussion about political ideology:One of the main lessons we have learned about ideology, a lesson which draws on evidence from throughout history, is that 1) a single ideology is seldom ideal for every condition...
by Neha J 6 years ago
How can we eliminate greed from our society?
by John Ward 7 months ago
What will you do to bring about the end of Economic Slavery. What can we do to end all injustice in 2018. How do you elininate all Injustice from the society/societies of to-day.
by Grace Marguerite Williams 3 years ago
STILL possess a slave-inferior-passive-poverty consciousness, mentality, mindset, & psychology regarding the socioeconomic sphere in American society? American Blacks are still the most powerless group in American society. In many American Black communities, there were VERY FEW...
by Grace Marguerite Williams 16 months ago
How is greed good, even beneficial for a person's improvement & advancement?What are the main advantages of greed? Do you believe that one must be greedy in order to become successful?
Copyright © 2018 HubPages Inc. and respective owners. Other product and company names shown may be trademarks of their respective owners. HubPages® is a registered Service Mark of HubPages, Inc. HubPages and Hubbers (authors) may earn revenue on this page based on affiliate relationships and advertisements with partners including Amazon, Google, and others.
|HubPages Device ID||This is used to identify particular browsers or devices when the access the service, and is used for security reasons.|
|Login||This is necessary to sign in to the HubPages Service.|
|HubPages Traffic Pixel||This is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.|
|Remarketing Pixels||We may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.|
|Conversion Tracking Pixels||We may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.|