Human beings want more even if it comes at the expense of others.
Some parents were recently charged with paying bribes for their children's admission to top colleges. Religious thought can help us understand what drives such greed and also provide ethical guidance.
Under pressure, young entrepreneurs would tend to forget to take into account the effects of their ambitions on their surroundings.
The enthusiasm for business creation is not without negative consequences, especially for the many who fail. However, the "all entrepreneurs" discourse remains predominant.
Steinhoff CEO Markus Jooste was an excessively dominant, forceful and feared boss.
Steinhoff was the darling of investors, asset managers, analysts and financial journalists. But its success was built on shaky foundations.
An addiction to accumulating money is every bit as powerful and destructive as a drug addiction.
Wealth addiction is as powerful as any other, but instead of urging addicts to get help, we often admire them. Yet they do much more damage to the world at large than your average coke fiend.
Michael Douglas as Gordon Gekko in Wall Street.
20th Century Fox/IMDB
Oliver Stone's 1987 film Wall Street turns 30 this month. Its infamous character's mantra, "greed is good", seems oddly prescient with greater inequality and an even more rampant culture of greed.
Consumers often distrust mission-driven groups that earn profits.
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People may initially assume the worst when they encounter for-profit companies with social missions. What can these social ventures with good intentions do to gain people’s support?
Ververidis Vasilis / Shutterstock.com
The beautiful game has never seemed uglier. But it also can bring joy and togetherness, even to the most desperate.
Whenever we talk about refraining from things, it is bound up with piety and martyrdom. A different approach could help realign us with the planet.
Malawian President Peter Mutharika has promised to fight the corruption that has seen donors withdraw their support for his impoverished nation.
Malawi appears to have learnt nothing from the biggest state corruption scandal that rocked the country two years ago, leading to donors withdrawing their support. The same conditions still remain.
If companies won’t see things differently, we need to.
We find ourselves in an era of what we might call creative self-destruction. We’re destroying ourselves – it’s as simple as that. Economic growth and exploiting nature’s resources have long gone hand-in-hand…
Greed is more likely to be “paid forward” than generosity. In an experiment, participants were given four tasks - two easy…