Me First! Building a Balanced Ethical Perspective: Greed -- Choosing Principle Over Profit

The video explores the concept of greed, particularly in business, and its ethical implications. It discusses how greed is often perceived and the widespread nature of unethical behavior for financial gain. The video defines greed as an excessive desire for more than needed and differentiates between wants and needs. It emphasizes the importance of maintaining ethical principles over profit and outlines steps to avoid succumbing to greed. The video also highlights the long-term negative consequences of a greed-centered attitude and encourages a balanced perspective on material desires.

What is a common reaction when people are asked if they are greedy?

• They often admit to being greedy.

• They usually deny being greedy.

• They express pride in their greed.

• They are indifferent to the question.

How is greed defined in the context of this discussion?

• A lack of interest in financial matters.

• A desire to have less than needed.

• An overwhelming desire for more than is needed.

• A balanced approach to financial gain.

What is the key difference between wants and needs as discussed?

• Needs are often mistaken for wants.

• There is no difference between wants and needs.

• Wants are desires, needs are essentials.

• Wants are essential for survival, needs are not.

What is the first step in combating greed according to the video?

• Focusing solely on profit.

• Ignoring the concept of greed.

• Establishing clear ethical principles.

• Prioritizing financial gain over ethics.

What is a potential consequence of a greed-centered attitude in business?

• Long-term success and stability.

• Improved employee satisfaction.

• Increased customer loyalty.

• Short-term superficial benefits but long-term losses.