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The Evolution of Greed – From Aristotle to Gordon Gekko

The comfort of rich people depends on an abundant supply of poor people. -Voltaire Greed is as old as time. As long as there are people, greed and avarice will continue to exist. In Ancient Greece they had a special word for it: 'pleonexia'. Pleonexia is a concept that unites greed, covetousness and avarice in…

Written by

Peter Van Els

Originally Published in

The comfort of rich people depends on an abundant supply of poor people. -Voltaire

Greed is as old as time. As long as there are people, greed and avarice will continue to exist. In Ancient Greece they had a special word for it: 'pleonexia'. Pleonexia is a concept that unites greed, covetousness and avarice in a philosophical context. Strictly speaking, it is ‘the insatiable desire to have what rightfully belongs to others’. In other words, ruthless selfishness and the arrogant assumption that other people and things are there to be taken advantage of.