What is Greed and How Does it Affect Society?

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Discussion Overview

The discussion revolves around the concept of greed, particularly in the context of high salaries in professional sports and consumer behavior. Participants explore whether greed is applicable to certain professions, the nature of wealth and compensation, and the societal perceptions of greed versus need.

Discussion Character

  • Exploratory
  • Debate/contested
  • Conceptual clarification

Main Points Raised

  • Some participants question the definition of greed, suggesting it may depend on context or profession, particularly in relation to high salaries in sports.
  • Others argue that demanding high salaries is not greed but rather a reflection of market value and fairness in compensation compared to those profiting from their labor.
  • A participant suggests that the term "greed" is often misused and lacks a universally accepted definition, complicating discussions about wealth and morality.
  • One participant shares a humorous anecdote about acquiring multiple televisions, questioning their own behavior in relation to greed.
  • Another participant challenges the credibility of the anecdote, suggesting exaggeration and questioning the logic behind the narrative.
  • Some express that feelings of jealousy towards high earners should be redirected towards those who pay them, rather than the earners themselves.
  • There is a mention of a historical strike by baseball players over salary disputes, which some view with skepticism regarding the players' claims of unfair compensation.

Areas of Agreement / Disagreement

Participants do not reach a consensus on the definition of greed or its implications. Multiple competing views are presented, with some advocating for a broader understanding of greed while others maintain a more traditional view.

Contextual Notes

The discussion includes various assumptions about consumer behavior, societal values, and the nature of wealth, which are not universally agreed upon. The anecdotal contributions introduce subjective interpretations of greed that may not align with others' experiences or beliefs.

  • #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?
 
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  • #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.
 

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