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The system quickly fell prey to corruption and greed, forcing the most capable employees to work overtime in order to satisfy the needs of the least competent and to funnel money to the owners. As a result, the company went bankrupt within four years.
Greed is usually described as an irresistible craving to possess more of something (money, material goods) than one actually needs.. According to several academics, greed, like love, has the power to send a chemical rush through our brains that forces us to put aside our common sense and self-control and thus provoke changes in our brains and body.
The Philosophy of Money (1900; German: Philosophie des Geldes) [1] is a book on economic sociology by German sociologist and social philosopher Georg Simmel. [2] Considered to be the theorist's greatest work, Simmel's book views money as a structuring agent that helps people understand the totality of life.
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Less business, more money. In fact, ... Societe Generale’s Edwards, in his takedown of greedflation last year, warned that corporations’ greed could lead to a revolt and social unrest.
I hope that when I die, people say about me, 'Boy, that guy sure owed me a lot of money.' --Jack Handey A bank is a place that will lend you money if you can prove that you don't need it.-- Bob ...
Money, Greed, and God: Why Capitalism Is the Solution and Not the Problem. New York: HarperOne, 2009. ISBN 978-0-06-137561-3; Eat, Fast, Feast: Heal Your Body While Feeding Your Soul- A Christian Guide to Fasting. HarperOne, January 2020. ISBN 9780062905215
Putting the invisible hand itself aside, while Smith's various ways of presenting the case against government management of the economy were very influential, they were also not new. Smith himself cites earlier enlightenment thinkers such as Bernard Mandeville . [ 3 ]