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Last Updated on January 12, 2021

Greed Is Something We Should All Strive For

Greed Is Something We Should All Strive For

Most of us don’t want to be called “greedy.” Nobody wants to be the person who fills his plate and leaves others hungry or the person who waits for relatives to drop dead so he can get an inheritance. Greed reveals a darker side of human nature.

There are 2 sides to every coin, though. Could there be a positive side to being selfish?

Greed exists for a reason

When someone is uncomfortable with personal security, their anxiety may manifest as greed. This anxiety may stem from trauma or neglect. For example, a person who grows up not having enough to eat may hoard food and overindulge in adulthood.

In addition to anxiety, many greedy people have self-esteem issues. A child who doesn’t get enough attention grows into the adult that must be in the limelight. People who are insecure about their purpose in life sometimes tie their self-worth to having an abundance of items. Stuff is no substitute for being loved, but the person may feel a temporary sense of comfort from material possessions.[1]

With all the negativity in the news, people feel threatened more than ever. You may have noticed an uptick in greedy behaviors as we all grapple with uncertain times.

We can understand why someone behaves this way, but it doesn’t make us like greedy people more. Even if you know why your friend always takes too many slices of pizza, you’ll still be hungry.

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Taking too much harms others

Taking more than you need might not sound bad, but greed ca be negative for others. Look at what happens when the weather service forecasts a major storm. People panic, and instead of buying what they need, they clear the store shelves. The people who arrive late aren’t able to buy anything because there’s nothing left. Greed may be great for the economy, but it doesn’t do much for the human beings on the losing end.

Broadly speaking, when people fixate on hoarding objects or satisfying a desire for more stuff, they miss out on the richness of life. The person will almost never be satisfied, and after they get what they want, they’ll be on the prowl for the next big thing.

Many people realize they’re being greedy and hide who they are. A person who craves having power may become a politician. To do this, he may have to deceive others and craft a persona that will afford him what he wants. He may say–and even believe–that he wants to help others. He may champion the underdog and speak out against the power-hungry even as he lusts for power himself.

Greed doesn’t have to be terrible

Greed can serve a positive purpose in some contexts. One positive is that it’s a form of motivation. Greed inspires people to push for better social and economic outcomes than they have.

Altruism is a better force for creating positive change, but it takes time to develop it. Greed readily dovetails with consumerism. Our society is built on and supported by greedy behavior, whether or not we like it. The quest for more and better stuff has driven societies to the highest levels of achievement.

Societies that try to function without greed and hierarchy dissolve into chaos. Having a hierarchy naturally causes inequality, but people with more power often take actions that improve our lives.[2]

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Over two centuries ago, Adam Smith, economist and philosopher, explained that individuals who acted out of self-interest would be supported by the economy and make society better. The greed behind capitalism may seem unattractive, but the results are often desirable.[3]

We saw examples of this prosperity in the US in the 1980s and 1990s on Wall Street. Productivity was high and unemployment rates were low. The stock market made many investors wealthy.

When the dotcom bubble burst and the value of shares dropped, people realized that greed has its limitations. In 1999, American households had a net worth-to- income ratio of 6.3. It has since fallen to 5.3. Even though we’re still doing better than our long term average, we’ve seen a decrease in quality of life across a large portion of the middle class.

Optimistic investors feel that this is part of the natural ebb and flow of the market, but perhaps this downturn was a warning about going for things well outside of our means.

Can it really be bad for us to recognize our limits and live in accordance with needs instead of wants?

Use greed to your advantage

1. Recognize the root of your greed.

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Greed may be a sign that you have some insecurities to work through.

Someone who constantly has to shop may be trying to fill an emotional void or insecurity with stuff. If you find yourself loading your shopping bags every week, think about why you’re doing it. You may even need to seek professional help to deal with these issues.

2. Use greed to drive change.

Greed motivates you to climb the socio-economic ladder.

The unhappy person can change their life. If you’re unsatisfied with your quality of life, your desire to accumulate things could be a sign to get a better job or capitalize on an idea.

3. Sharing is caring.

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If your desire for more things ends up making you wealthy and successful, use your power to look out for others.

When you’re top dog, you have a great opportunity to give back. Look at the philanthropic work people such as Bill Gates and Oprah Winfrey do because they have the means.

Following these steps gives you a chance to reflect on yourself and affords you a opportunity to make the world better.

Flip the notion of greed on its head

Most of us possess a basic drive to want things that we don’t have. Instead of viewing this as a negative mindset, see it as an opportunity to improve your life and the lives of others.

Featured photo credit: The Digital Artist via pixabay.com

Reference

[1] Psychology Today: Is greed good?
[2] Time: Greed is Good: Science Proves It
[3] The Economist: Is Greed Good?

More by this author

Anna Chui

Anna is a communication expert and a life enthusiast. She's the Content Strategist of Lifehack and loves to write about love, life, and passion.

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Last Updated on January 21, 2021

10 Willpower Hacks to Help Achieve Your Goals

10 Willpower Hacks to Help Achieve Your Goals

“Strength does not come from physical capacity. It comes from an indomitable will.” – Mahatma Gandhi

“Willpower is essential to the accomplishment of anything worthwhile.” – Brian Tracy

“Just do it.” – Nike

The most important and satisfying things in life usually aren’t the easiest ones.

The good news: In today’s hyper-connected world, we have access to all the information we could want to help us achieve our future goals. We know what foods will make us healthier (would kale or quinoa be as popular without the internet and Dr. Oz? I think not). We can also estimate for ourselves the benefits of starting retirement savings early – and the implications for the lifestyles of our future selves (that boat at 65 means fewer vacations in your 20’s).

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We almost always know what we should do thanks to endless knowledge at our fingertips. But actually doing it is an entirely different kind of challenge. Most of us can relate to that feeling of inertia at the start of a big project, or the struggle to consistently make good, long-term choices for our health, or saving for the future. This mental tug-of-war we experience has evolutionary roots. While knowing this might bring comfort, it doesn’t help solve the problem at hand:

How can we flex our willpower to become better, faster, smarter, and stronger?

The bad news: you can’t Google your way out of this one.

Or can you? A fascinating body of research (much of which you can turn up online through popular press and academic articles) sheds light on how to hack your willpower for better, easier results in all areas of your life. The Willpower Instinct, a great book by Stanford prof Kelly McGonigal, provides a deep dive into these and more topics for anyone keenly interested.

Here’s the short version: we can make the most of our willpower through two types of hacks. First, there are ways to turbo boost your willpower. Second, there are ways to hack the system so you make the best use of whatever (sometimes infinitely modest) willpower you have.

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The following 10 tips draw on both of these toolkits.

1. Slow the heck down.

Most regrettable decisions (the splurge at the mall, the procrastination on the project, the snacks in the break room) happen when one part of our brain effectively hijacks the other. We go into automatic pilot (and unfortunately the pilot in question has a penchant for shoes, Facebook and cookies!). Researchers suggest that we can override this system by charging up the other. That is, slow down and focus on the moment at hand. Think about your breathing. Bring yourself back to this moment in time, feel the compulsion but don’t act on it yet. Try telling yourself, “If this feeling is still just as uncomfortable in 10 minutes, I’ll act on it.” Take a little time to be mindful – then make your decision.

2. Dream of ‘done.’

Imagine yourself handing in the big project, soaking up the appreciation from your colleagues or boss. Or crossing the finish line for the half-marathon you’ve always wanted to run. The rush, the aliveness, the wind on your face, the medal …

That’s a lot more fun and motivating to think about than how much work it is to get out of bed for your long, Sunday morning run!

Re-orient your brain by summoning more motivating feelings than just “not running this morning is more enjoyable than running this morning.” If your goals are meaningful, this will help.

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3. Make your toughest choices first.

Scientists have found that willpower is like a full bathtub that’s drained throughout the day. So, why not start your toughest challenges when you have a full reserve? Get that project started or fit that workout in before you even check your email or have breakfast. Bonus: the high you’ll get from crossing off your hardest ‘to-do’ will help you sail through the rest of your day.

4. Progress = commitment, not a license to backslide.

A lot of times people will ‘cheat’ right after taking positive steps towards their goals. (A common version of this trap is, “I worked out three days in a row, so I deserve this cookie.”) Most of us can relate to this thinking – but it’s totally irrational! We’ll often trick ourselves into setbacks because we think we deserve them, even if we don’t really want them and deep down we know they’ll work against us in the long-run.

How can you counteract this effect? Research finds that if you use your positive streak to recommit (“If I worked out three days this week, I must be really committed to my health and fitness goal!”) rather than an excuse for wiggle room, we don’t take the same cheat options. Cool, right?

5. Meditate.

Meditation is an expressway to better willpower. Bringing your attention to your breathing for 15 minutes, or even five, flexes your willpower muscles by applying discipline to your thinking. It does this by working two mental ‘muscle groups’: first, the set of muscles that notice when your attention is drifting, and second, the set of muscles that bring you back to your task at hand. Over time, even small amounts of meditation will help you build the discipline to easily do what was once hard – like pushing through a long stretch at work.

6. Set mini-goals.

Which seems more doable: committing to three 20 minute runs this week or a half-marathon? Mini-goals are brilliant because they’re easier to achieve and boost your commitment to continuing. When we size them up, we see them as achievable rather than daunting. Each time you succeed at one, it boosts your sense of efficacy and personal integrity: not only are you capable of doing what you set out to do, but you followed through on it. Nice.

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The beauty of mini-goals is that over time, mini-goals – and the momentum you’ve built by doing them – can quickly turn into super-goals. So that half marathon might be more likely to happen, and sooner and more easily than you think!

7. Eat.

Low blood sugar decreases your ability to make tough decisions. If you’re running on empty physically, you’ll also be running on empty mentally. (Yes, this one’s somewhat ironic if your goal involves changing food patterns – but even so, letting your blood sugar drop too far will only sabotage you over time.)

8. Sleep.

Research shows people who don’t get enough sleep have a tough time exercising their willpower. Sleep is critical for a healthy brain – along with just about everything else. So to optimize your willpower muscle, make sure you’re catching your zzz’s.

9. Nix the self-sabotage.

Making yourself feel bad hurts, rather than helps, your willpower efforts. Researchers have found that compassion is a far better strategy than tough love – telling yourself “It’s OK, everyone has setbacks sometimes,” will help you bounce back more quickly than negative self-talk.

10. Take the first hard step.

As a new behavior becomes a habit, it is more natural. You have to use less and less willpower to ‘make it so.’ When you’re starting a new pattern that feels hard, remind yourself that the first steps are truly the hardest. It will probably never feel harder than it does in those first few choices. In the case of repeated behaviors, like exercise or saving money, it takes weeks for new habits to take hold. By that point, the habit will be so ingrained, you’d have to try hard not to do it.

Featured photo credit: Kym Ellis via unsplash.com

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