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0 pointsmakeitdouble7d ago0 comments

> greed

Is a greed/not greed scale really useful to discuss company behaviors ?

I wanted to say I get what you mean, but even thinking about the company I root for the most, I can't think of a point where they're not driven by their desire to make a lot more money.

If your point is that there's good and bad ways to seek money, I'm not sure it's properly encompassed by "greed", which I interpret as the intensity of a desire, not its nature or validity.

To you "greed" might mean something else, but is it properly conveyed ?

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estimator72927d ago

Approximately everybody would like more money.

Greedy people put the desire for more money above the welfare of the business, themselves, and other. Greedy people literally put their desire for more personal wealth above the very lives of others.

Greed/not greed is a very fair way of putting it. One can operate a business that requires profit without wanting to destroy everyone and everything that stands in the way of more money.

pdpi7d ago

I think there's one more factor that is crucially important — greedy people lack long-term vision, and care a lot more about money now than they do about potentially much more money in the future.

I suppose it's kind of interesting that you could measure greed as an unusually high discount rate for the time value of money?

WhyNotHugo7d ago

> Approximately everybody would like more money.

For me (and many others), money is a means to an end. I don’t want money per se, I want housing and food and things that money can buy.

But for a few, money is the goal. They want money for the sake of more money. They don’t need more. That’s greed.

parineum7d ago

> Greedy people put the desire for more money above the welfare of the business

In my experience, it's much simpler.

People are greedy if they make things I want cost more.

kukkeliskuu7d ago

The Seven Deadly Sins provide an interesting perspective to human psychology even in modern times. Greed / avarice is defined as wanting more than you need.

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