Essay on Greed

This essay has a total of 806 words and 4 pages.


By: Trinity479

Greed Greed is a selfish desire for more than one needs or deserves. Greed can make honest
men murderers. It has made countries with rich valuable resources into the poorest
countries in the world. We are taught it is bad and not to practice it. But consider a
world without greed, where everyone is as sharing as Mother Theresa was. The progress of
humankind would be at a standstill. Greed has given our society faster travel, better
service, more convenience, and most importantly, progress. Greed has created thousands of
billionaires and millions of millionaires. But why is greed associated with evil? In their
day, most capitalists like Cornelius Vanderbilt and John D. Rockefeller were depicted as
pure evil. Vanderbilt stole from the poor. Rockefeller was a snake. But the name-calling
did not come from the consumers; it was the competing businesses that complained. The
newspapers expanded on these comments, calling them "robber barons." These are inaccurate
terms for these businessmen. They were not barons because they all started penniless and
they were not robbers because they did not take it from anyone else. Vanderbilt got rich
by making travel and shipping faster, cheaper, and more luxurious. He built bigger,
faster, and more efficient ships. He served food on his ships, which the customers liked
and he lowered his costs. He lowered the New York to Hartford fare from $8 to $1.
Rockefeller made his fortunes selling oil. He also lowered his costs, making fuel
affordable for the working-class people. The working-class people, who use to go to bed
after sunset, could now afford fuel for their lanterns. The people, who worked an average
10-12 hours a day, could now have a private and social life. The consumers were happy, the
workers were happy, and they were happy. Bill Gates, CEO of Microsoft Corporation is
another example of a greedy person. He is the richest man in the world with about $40
billion and he continues to pursue more wealth. Just because he has $40 billion does not
mean the rest of the world lost $40 billion, he created more wealth for the rest of the
world. His software created new ways of saving time and money and created thousands of new
jobs. Bill Gates got rich by persuading people to buy his product. His motive may have
been greed, but to achieve that, he had to give us what we wanted. Both parties benefited
from the transaction and everybody wins. In general, many businesses donate a percent of
its wealth to charity. People not only want but also expect those businesses to donate
their money away. Vanderbilt gave one percent of his money away to start Vanderbilt
University. Ted Turner donated $1 billion to the United Nations. But why do people think
that giving away money is better than making money? Giving away money is much easier than
building a new business. Building a new business creates new jobs for people, giving
someone the means to support himself. When you give money away, it does not help them
become more self-sufficient. Charity does not always make big impacts, as people believe
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