Ethics and Society Research Paper.docx

Ethics and Society Research Paper.docx - Ethics and Society...

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Ethics and Society Research Paper What is the Impact of Wealth on Greed? Since the discovery of trade and wealth accumulation, man has not always been content with their lot in life, many and some people look at all those things they could have that can make life a little better. Or so they think, anyway. The newest and latest smartphones. The most upgraded cars. The bigger square foot house. The 100 inch smart TV. The private jets. The expensive holidays and yacht. Sadly, all these expenses have to be paid for because if not it would lead to devastating financial debt as well as credit that cannot be paid back which in turn would lead to eventual loss of everything to repatriate back creditors. I view Greed as a particularly ugly sin. While I feel there are positive characteristics of pride even envy, it’s almost impossible to use greed in any way that isn’t demeaning or an insult. It conjures images of a pilfering CEOs hoarding millions, while their workers earn minimum wage, it showcases heads of states embezzling/looting national funds while the citizens dwell in abject poverty. I believe that as an individual’s wealth and status rises, so does their tendency to abandon morality and become unethical, for when the pursuit of self-interest is allowed to run unhampered, it can really lead to socially pernicious outcomes. To support my claim, I want to use/present the research of renowned social psychologist Paul Piff of the University of California, Berkeley. In 2012, He and some of his research colleagues decided to apply the methodologies of science in conducting a series of social experiments. To provide answers to the fact ‘If wealth really does corrupt an individual’s
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mind set’ as well as the answer to the question ‘if society was unconsciously striving to be egalitarian towards dividends compared to principles’.
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