Wealth In The 1920s Essay

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Contentment is great gain, for we brought nothing into the world, and we can take nothing out of it. Those who pursue wealth fall into temptation, harmful desires, ruin and destruction; for the love of money is the root of all evil (The New American Bible, 1 Tim 1.6-10). This excerpt from the bible still holds true today. Some people in their effort to become wealthy will do anything to achieve wealth. The society today still equals wealth with power. Wealth in itself is not evil.t is the love of it that is evil. The love of money is what leads to corruption, embezzlement, human trafficking, drug smuggling, gambling, robbery and other social vices. Dashiell Hammett moral message about the relentless pursuit of wealth is that the relentless …show more content…

The 1920’s period was a time people were chasing wealth by buying stocks. They invested their money in the bank because the economy was booming and investing in the bank was an easy route to wealth. We have to note that the period of the 1920’s was not an information age as today. There were no computers. The prediction of the economy of how the economy was going to be were not supported with enough evidence because the information was limited during that period. So is there a difference between the attitude of those who were pursuing wealth during the 1920’s and the society of today? The answer is no. The difference between 20th century and the 21st century is that the 21st century is an information age. Information is unlimited. The 21st century is a computer age century. The difference is that our society today got smarter with their money. People look at the stock market before putting their money into it or take their money when there is speculations that the stock is falling. People are still investing their money just like the 1920’s and the government of today is closely watching the banks so they don’t plunge the country into a depression like the 1929 …show more content…

Some people in our society are more generous towards the poor. More people in the society donate more money towards humanitarian service. Big companies and firms are helping in tackling hunger and diseases in poorer countries. While these are some examples that portrays how different today’s society is from the 1920’s, however, we should realize that these companies actually gross in a profit ten times more than they give out as charity and also sometimes they get a tax break for it. Goldman Sachs as an example, boost of having donated more than one billion dollar in philanthropic initiatives, but at the same time, according to Matt Taibbi of the RollingStone, there has been some financial crisis here in the United States that some financial expert has attributed to the activities of Goldman Sachs (Taibbi). One might also argue that the pursuit of money is not bad, after all, according to Theologian, Philip Goodchild, money is the means by which all goods are obtained, all investments are made, all conduct is regulated, all welfare is achieved, and all charity is given. Whatever one cares about, one must value money first as the means toward all ends involving cooperation with others. Money is the measure of prices and a means of payment

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