"How Does Greed Effect Us Today?" This powerful article discusses the effects of greed on innocent victims through scams such as home modifications, debt consolidation, credit cards and bankruptcy. And because we feel good, we want more,” Lo said. Caring—being concerned about the feelings of others—is not part of their repertoire. Contrasted with spending addicts (a compulsion that drives such over-the-top consumers—or shopaholics—into unmanageable debt), greed or wealth addicts are hardly focused on … Greed is an excessive love or desire for money or any possession. We must demonstrate love which is opposite of selfishness,
In many ways, greed is foremost a matter of the heart, of our inner lives. Their greed is beyond measure, and although we usually like to point fingers to the rich for their immense greed for money, the truth is that the way our socioeconomic system is structured inevitably leads to this kind of behavior, and unless we change it from its very foundations and remove the root causes of greed, we will always remain trapped in its net, reaping its consequences. Greed is simply the addiction to that release, Lo told Life’s Little Mysteries. Selfishness is behind these acts of greed. Greed is not merely caring about money and possessions, but caring too much about them. “When we succeed, we feel good. While greed is a strong desire for more and more possessions (such as wealth and power), envy goes one step further and includes a strong desire by greedy people for the possessions of others. The greedy person is … When a person acquires resources, chemicals are released in the brain that cause the sensation of pleasure. Greedy people lack empathy. When we gather resources, we feel good. In basic terms, "excessive" is possessing something to such a degree it's harmful. The definition of greed is an extreme or excessive desire for resources, especially for property such as money, real estate, or other symbols of wealth. [But] greed is bad if it motivates someone to lie, cheat or steal.” In fact, if a person believes that money is “bad” or will make them a more evil person, this can actually sabotage their chances for success, said Brad Klontz, Psy.D., a CFP and associate professor at Kansas State University. Here we run into two problems: defining excessive, and defining wealth, especially in terms of human psychology.