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The role of money as a motivator
The role of money as a motivator
Studies on greed in society
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“LOVE OF MONEY” Related to Unethical Behavior : Corruption 1. INTRODUCTION In this era, we all know that money is one of the goods or services trading instruments that are very important. Because money is a tool of exchange that can be generally accepted so someone who has money can fulfil his life, such as it clothing, food and house. We can buy whatever's on sale as long as there is money. Money has a different social significance for its users. Lea and Webley (2006) in a study revealed that money functions not only as a payment instrument but also serves as a drug, further they say that money plays an important role in satisfying the biological and psychological needs. In a psychological sense, money can make people addicted. Such as drugs, …show more content…
LOVE OF MONEY Money is a very important aspect in our daily lives. Rubenstein (1981) in found in the United States, success measured in money and revenue. Tang et al. (2005) found attitude of someone learned through several stages, through the process of socialization established in childhood and maintained in adult life. In the business world, managers use the money to attract, retain and motivate employees (Milkovich and Newman, 2002). Tang (1992) introduced the concept of the love of money as a psychological literature. The concept was used to estimate the feelings person's subjective about money. Love of money a person's behavior towards money as well as the wishes and aspirations of a person with money (Tang, 2008). Behavior question is the love of one's money in a material form, can is also manifested in the form of objects or other tangible goods obtained using the money they have. Someone who have this level of love of money is high tend to think money as important, they think money can bring happiness because money can be a motivation for them to work more enterprising, feel respected in the community, as well as a barometer the success they achieve. Love for each person against money differently depending on the needs they have and are influenced by several amongst other things demographics such as gender, age, education level, socio-economic status, and ethnic
In “The Real Truth about Money” (2005), Gregg Easterbrook discusses the effects of money on the people’s happiness. He presents his article with statistics of the generation immediately after the World War II and the current generation. He has experienced both generations as he has lived in both and is very familiar with the difference of people’s lives now and back then. Easterbrook is a highly reputed journalist, he is an authorized writer, editor, and professor. He worked with many professional magazines and newspapers; accordingly, he has enough knowledge to write about the people’s happiness in terms of money. Easterbrook has well convinced the readers with psychological facts from university researches and credible
Money is something that can either be used for the greater good of society, or it can be contorted into something that is detrimental to society, it all depends on whose hands that money happens to fall into. Human tendencies begin to change once people come to have money, the lavish and selfish lifestyle begins. Entitlement comes with having money because money gives people what they want which makes people think they are entitled to get everything they want. In The Great Gatsby Fitzgerald portrays that money is the root of all problems with can ultimately lead to loneliness and careless behavior.
The role of money in people's day-to-day lives is quite amazing when it's put into perspective. The primary reason most Americans get up in the morning is so they can go out and make money. Money buys things; money influences people; money keeps us ali ve; money makes us happy. Or does it? In Fences, by August Wilson, the Maxtons get their money when Gabe's head is shot in the war. In A Raisin in the Sun, by Lorraine Hansbury, the Younger family gets their money when Walter's father dies.
Baumeister, Roy F. "Cultural Animal." Why Does Money Matter? The Psychological Meaning of Money. N.p., 18 June 2008. Web. Mar. 2014. .
“Proper society did not think about making money, only about spending it.”, said Barbara W. Tuchman. This quote shows our real world, and the people that spend money, but they forget about the value of money. Nowadays people want more that they have. They forget how many things they have, and how much money they spend. Most people when they see other people having something better, and in that moment they want to have it also. Also, people forget how hard they got that money, but how easily and quickly they spend it. In the article “The treadmill of consumption” by Roberts, he says that people are willing to go into debt to buy certain products and brands. That is right that people can do crazy things to buy certain goods.
Being in America, a society encompassed by those of a wealthy nature versus those striving to obtain as much wealth as they can in their own limitations, it seems inevitable for one to pass judgment on those who choose the glamorous lifestyle over any morals they may have had prior to their riches. After reading Money and Class in America, it can be concluded that Mr. Lewis Lapham makes an intriguing point as he states that it is seemingly unintelligent to assume that one that is wealthy in pocket is also wealthy in intelligence. Everyday, greed filled Americans prove this judgment to be blatantly wrong, as they partake in the extravagant lifestyle without much thought in the immorality that comes with the lifestyle. Though some may say that
Happiness is a feeling adults experience when they receive a gift, win something, and various other reasons, but does money buy this happiness everyone experiences? Don Peck and Ross Douthat claim money does buy happiness, but only to a point in their article which originally appeared in the Atlantic Monthly (252). Throughout their article, reasons on why money can sometimes buy happiness are explained. While some of the reasons given are effective, not all are satisfying answers for adults working diligently to make a living. Money is a part of everyone’s life, yet it is not always the cause of happiness.
...lue and having artificial value really changed the amount of power they felt. Research from Stanford shows that the more money people have, the more addictive it is. This causes a problem when people try to obtain items with emotional value, but end up getting caught up in money.
Happiness is a universal feeling and it is most commonly associated with a smile. In many countries there are different levels of happiness, in our country happiness is a goal that we all have. The obstacle to achieving this goal is “finding” happiness, which is an idea, not an object, and it can be hard to find. Many people try to find happiness by using books, videos, or listening to motivational speakers. The argument about money and if it can bring happiness is prevalent today and can be an engaging topic.
Is there anyone in this world who does not want to be rich? The first thing that crosses the people’s mind while choosing job is money. Money plays a vital role in one's life and most of the people are motivated to perform well in their jobs for money. Money is the reason what drives people to work better. In most cases, money greatly works. People are motivated to perform better by receiving monetary incentives like wages, salaries, allowances, bonuses, retirement benefits, etc. But, money doesnot always contribute in influencing people towards the work. This essay will discuss the arguments that are both for and against money being the key motivator and suggest that money is not always the best motivator.
The question of whether money buys happiness and how we choose to answer this question has significant implications in our lives because it directly affects our choices. Most of us base our choices on the amount of money they will result in. We compromise our integrity to demanding bosses in the hope of getting a promotion or a large bonus. We pick college majors based on their monetary value rather than our interest because we believe the extra money will make us hap...
There is a little too much greed going on in society. My definition of greed is when a limitless person selfishly wants something and the obsessive addictions is that enough is never enough. The dictionaries definition is ‘an inordinate or insatiable longing, especially for wealth, status, and power.’ People do not realize that greed concentrated too much on earthly thoughts. People think the need of wanting something is just a thought, however if you continue to think about it, eventually the person will find a way to allow greed to take over the thoughts. Greed can make a man, but it can also destroy him ten times over. It is one thing to want money or materialistic ideals, but the necessity almost unavoidably becomes greed. Greed is something
Money is probably one of the most important things in this world. Without it, life would be very hard. With it, you become economically stable making life would be easier in some ways. But the real question is, can money actually make someone physically and emotionally happy? There are many sides to this debate; some who say yes and others who say no. Though most people agree with the statement, “Money doesn’t buy happiness,” there is still a large amount of people who disagree with it. They believe that money does indeed buy happiness and that it’s the most important thing in the world. There is no right or wrong answer to this question, it’s just a matter of what you believe in and your values.
“Money is number and numbers never end if it takes money to be happy your search for happiness will never end.” (Bob Marley). For the majority of people in our modern-capitalist world, money is the first thing, and sometimes the only thing that measures success in life. Money can buy power. Money can buy fame. Money can buy time. Sometimes money can even buy a life. So money has become the first common goal for everybody. There are many different perspectives, and how people view the world, in terms of success, and money. Money is not the root of all evil, but the love of money is the root of all evil.
Saving money brings security for any future expenses. The earlier in life an individual begins to save, the better they will be set financially in the years to come. There are several reasons why it is important to save money. A few of these reasons are for emergencies, retirement, and simply for luxury spending. Having money will benefit each of these examples.