Over decennaries. people all over the universe have been reasoning whether greed is good. Michael Douglas said in the movie Wall Street. “Greed is good” . as it motivates investors to gain more and leads to competition among companies. Yet many still feel greed does more injury than good. Several faiths see greed as a wickedness. together with sloth. lecherousness and gluttony. Dictionaries define greed as an inordinate desire to get or possess more than what one needs or deserves. Though greed does bear a negative significance. the inquiry as to whether it truly brings more injury than good still remains to be seen. To me. it is merely a affair of position. Greed is really desiring more than your just portion. be it material or psychological demands.
The benefits that greed can convey are uncountable. To get down with. greed is the driving force behind the world’s rapid development and globalization. At the beginning of civilization. work forces knew nil about the universe around them. It was the greed for better life criterions that drove them to contrive utile tools like tonss and lances. With boats. work forces travelled to foreign lands to do new finds. It was merely through this procedure of ‘wanting to acquire more’ that world has come so far. If non driven by greed for betterments in life criterions. work forces would merely be satisfied with what they have. If non driven by greed for cognition. how can celebrated scientists like Einstein and Isaac Newton come up with astonishing innovations and celebrated theories like the Newton’s Torahs of gesture? Actually. the really fact that we are reading books is due to the greed for cognition. We do non halt at some age and state. “Now what I’ve learnt is adequate. I should halt. ” Alternatively. we continue to read up on assorted subjects in order to maintain up with the universe around us. Therefore. it is this everlasting greed for cognition that has allowed mankind to come so far. If non for men’s greed. the universe would halt spinning and might even fall in. Thus. greed is an indispensable constituent of people’s lives.
Though greed is frequently an act by people seeking to derive for selfish agencies. it is frequently good to the populace at the same clip. A perfect illustration would be Qin ShiHuang.
the first emperor of China. Before his reign. China was made up of seven smaller states and as a consequence. war was frequent among them. Qin ShiHuang managed to unify the seven little states of China into one by suppressing the remainder of the states. Though his act was due to his greed for power and more land. he has put an terminal to the wars among the assorted little provinces before China was united as one.
Companies presents. desiring to gain more money. are ever coming up with new services and merchandises to pull more clients. Though their primary intent is to gain net incomes for their ain benefit. at the same clip. it benefits the populace every bit good.
David Hume. an economic expert. one time called greed ‘the goad of industry’ . As investors and business communities are driven by the greed for more money. they look for more concern chances and put in the stock market. As top CEOs ascent up the corporate ladder. they look for ways to purchase other smaller companies so as to spread out their ain. Similarly. stock investors do non halt after doing a certain sum of money. Alternatively. they continue to do more investings because of their greed for wealth.
It is this desire for money and position that leads to a booming economic system as more companies are set up and more concern trades are made.
Merely as greed can be of great benefit to mankind. it can besides be really destructive if used unsuitably. Too much greed can do a individual to lose one’s senses and commit cold offenses. Such is the instance when Adolf Hitler tried to suppress the universe to fulfill his greed for power in World War II. His absolutism brought many people pain and enduring. particularly the Jews who were tortured by him. Another illustration is the Nipponese invasion of many Asiatic states. which include Singapore. During the three old ages in which Singapore was in the custodies of the Japanese. many people suffered. Innocent people were tortured and many unfortunate misss were raped. all because the Nipponese wanted more land and power so severely that they resorted to invasion and war.
Greed. besides taking to war. can besides take to companies’ prostration at times. A perfect illustration to exemplify this is Enron. the celebrated US company which was involved in a fiscal dirt at the terminal of last twelvemonth. In a command to portray an image of a top-earner in the US. Enron made false fiscal studies by saying it earned much net income when in existent fact. its net income was much less. These studies. when released. led to investors holding great assurance in the company and therefore invested big sum of money in it by buying its stocks. In this manner. the presidents in Enron earned much net income. Their greed for money has led them to fall back to unscrupulous means–to cheat their clients and conceal the truth from them. When the dirt finally broke out. the company went flop and the life nest eggs and retirement financess of 10s of 1000s of employees vanished. Since so. Enron has become the perfect illustration of a bad effect of greed.
As seen above. greed has its pros and cons. It can move as a incentive. driving you to better the manner things are and allowing the universe be more advanced than it already is. On the other manus. greed. when used overly. can convey approximately black effects. which include hurting and agony. However. we must acknowledge that the universe today is much more advanced than a millenary ago is chiefly due to man’s greed. Thus. greed is important for endurance and the world’s advancement. Equally long as it is non used overly. greed can convey about astonishing benefits for world. a