The Importance Of Greed In The United States

The word greed always comes with a negative connotation. It is defined as a selfish desire for something. Many of those who do not have much of their own call those who own excess goods greedy. This occurs mainly because of how unequal their situations are. One family can be making a minimum wage of $12.00 and barely making ends meet, while another family could be earning a million a year and buying what they please. Now this seems highly unfair and many have called for a change because those living on low income want more. However, is it not safe to say that the people living on low income who wish for more are also considered greedy? Many people in the United States call millionaires and billionaires greedy because of how much money and other goods they own. However, when taking a closer look at everyone, including the middle and lower classes, they could also be considered greedy. This is because they also desire more goods and money in their lives.
Greed does not have to be a negative term. When applied to the United States’ economy, it is what makes it run. The United States has a mixed economy that is more toward the free market …show more content…
This is because of the all the competition. Due to greed, there are a variety of companies that people have created so they can succeed. For those companies to continues succeeding they must be able to please the people, or consumers. This causes all the manufacturers to fight over who’s product is the best for the people so their own company can get money. Companies make this happen by constructing or coming up with the best product or idea from all the others. This gives the consumers a large variety of options to choose from for just one type of product and it gives them quality materials as well. Therefore, greed is not as a negative term as people think. Greed aids the economy vastly and has done so ever since the United States was