What is Greed and How Does it Affect Society?

  • Thread starter Thread starter Jordan Joab
  • Start date Start date
Click For Summary
The discussion centers around the concept of greed, particularly in relation to high salaries in professional sports. Participants question the definition of greed, suggesting it may not apply uniformly across different professions. Some argue that high salaries are justified based on the value athletes bring to their teams, while others contend that excessive wealth accumulation is inherently greedy, especially when it exceeds basic needs. The conversation also touches on consumer behavior, with some expressing disdain for unnecessary purchases and the influence of advertising on consumerism. The idea of "reverse-envy" is introduced, suggesting that criticism of high earners may stem from a societal tendency to resent those who achieve financial success. Overall, the thread explores the complexities of greed, wealth distribution, and societal values surrounding consumption and success.
  • #31


jimmysnyder said:
So if I buy a single yacht, that's ok, but if I buy a hundred TVs I'm greedy.

if you're a pirate buy a yacht, if you're Dixons buy 100 TVs.

You think that buying a hundred TVs isn't excessive? What is your point? It seems as though your only concern is to try to find holes in everything I say regardless of content. Do you have an opinion?
 
Physics news on Phys.org
  • #32


Oprah bought about 350 cars not too long ago

(well, she may not have paid full price for them though)
 
  • #33


neu said:
It seems as though your only concern is to try to find holes in everything I say regardless of content. Do you have an opinion?
This one. Don't be jealous of someone who makes $50 million, be jealous of the one who pays it out. Better yet, be jealous of Bill Gates and be done with it.
 
  • #34


Crosson said:
Too brief.

Because I'm not greedy.:rolleyes:
 
  • #35


jimmysnyder said:
This one. Don't be jealous of someone who makes $50 million, be jealous of the one who pays it out. ...
Or the tort lawyer who swoops into take it all away from the payer.
 
  • #36


Pardon me if someone already touched on this point. It seemed obvious to me but I didn't see it stated yet:

Greed involves taking things that you do not need in a manner that denies the access to things that others do need. The gross accumulation of TVs by Mr. Snyder, now approaching the net worth of Bulgaria, excessive as it is does not deny the acquisition of a telly to anyone else. Nor does it deny food or other necessities to others. In fact. Jimmy's television disorder is an actual economic stimulus increasing the profits and paychecks of store managers and sales clerks.

Ditto for Oprah: if she buys a lot of cars (I do not know the truth to this, but IF she does) then her wealth is turned back into the community and nation. Sometimes purchasing products will do more good than giving money to charity. In large-scale economics, greed is hard to pin down. Some corporate CEOs are greedy, I'm sure of it. But I can not say for sure which ones.

Greed is much more obvious in small-scale examples: the people who ran the 10k "fun run" at the Hyannis Marathon last spring, and took all the food (all the chowder, all the drinks, all the coffee, all the chips, and most of the bananas and bagels, eating a bunch, then taking multiple extras and packing them into their bags) before 3/4 of the marathoners even finished, thereby leaving my exhausted wife without any of the expected post-marathon goodies...

Those were some greedy b******s.
 

Similar threads

  • · Replies 4 ·
Replies
4
Views
2K
  • · Replies 5 ·
Replies
5
Views
4K
  • · Replies 2 ·
Replies
2
Views
4K
  • · Replies 12 ·
Replies
12
Views
4K
  • · Replies 2 ·
Replies
2
Views
2K
  • · Replies 4 ·
Replies
4
Views
3K
  • · Replies 13 ·
Replies
13
Views
3K
Replies
6
Views
2K
  • · Replies 2 ·
Replies
2
Views
5K
Replies
3
Views
3K