Is greed good?
We live in and willingly accept a fixed social construct fine-tuned for thousands of years that has created a huge set of industries organized around our most addictive impulses:
- drugs > addiction | opioid addiction: In Pain by Rieder
- fast food > obesity
- gambling > addiction
- guns > violence
- liquor > alcoholism
- online gaming > addiction
- payday loans > poverty
- porn > addiction
- smoking > addiction
- social media > dysfunction
- streaming > obsession
And then, we spend a huge percentage of the federal and state tax revenues generated by these industries to try and control, enforce, penalize, and rehabilitate the consequences our impulsive and addictive behaviors and social hangover which creates a massive negative social impact and cost, year after year, decade after decade.
- drug and alcohol addiction
- breakdown of relationships, marriage, families
- cognitive offloading and erosion of humanness and thinking
- damage to physical and mental health
- erosion of truth, trust, and the overall social fabric
- financial risk, dependency, bankruptcy
Many cities, states, and our federal government are on the brink of financial breakdown and desperate for more tax revenue. Mega-billionaire gambling opportunists are ready to step in and take advantage of this desperation by promising a flowing tap of cash squeezed from the weakest impulses and addictions of human beings.
Sometimes, white collar crime is far more dangerous than violent street crime.pro-con
Regardless of what Gordon Gekko said, greed will (not) be good in the long term for society with the exception of the 1% who will make big money from the transactions on both sides of this equation resulting in …..
….. a few big winners and millions of losers.
So if you’re asking if greed was ever good, the answer will depend on who you are asking.