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of them. As people are blinded by their own greed, their social conscience is
dominated by avarice which results in the lack of consideration for others around
them. This can be seen in the recent Foxconn incident where the workers in the
Asia assembly plants are subjected to inhuman working conditions resulting in
several workers jumping to their deaths. The absence of consideration coupled
with overwhelming greed lead to undesirable social issues
However, a society without greed would suffer as well. Greed provides the
motivation to achieve a better living standard. It drives people to strive for
excellence and encourages entrepreneurship. Rather than everyone being
fixated on just one pie, entrepreneurs come up with ways to get a larger portion
for themselves, such as creating more and bigger pies for the economy. Although
they are the main beneficiaries of their own actions, there are also spill over
effects which enabled everyone to gain more than before. Hence, greed leads to
ambition which inspires people to be the best they can be.
All in all, uncontrolled greed is detrimental to society however, the lack of greed
is also harmful to the society due to the lack of incentive, hence humans must
find a balance between greed and morals to fully maximise the benefits of it.
Everyone has their own greedy impulses, theres no other society where another
quality dominates individual greed. Therefore, the pragmatic approach is to view
greed in a positive light and to accept that for society to develop, we do need
more greed. However, we must always keep in check of it so as not to be
consumed by it. As mentioned by a blogger Sally Kohn, what are the values do
we hold alongside greed as a society so that we operate for the better good of
everyone? Thats what society has to answer as we progress in the future.