Greed and the philosophy of wealth

Greed and the philosophy of wealth

It’s common wisdom that most things in life are best in moderation. Most of us agree that owning property is okay but are hard-pressed to say why or when it has gone too far. Greed dominates your life if the pursuit of wealth is a higher priority than charity, kindness, and solidarity with others.

John Locke and the Philosophy of Property

John Locke argued that one can hold any property if it meets the following three criteria:

  1. It can be used before it spoils (e.g., we don’t have huge stores of food that just rots).
  2. It leaves “good and enough” for everyone else (e.g., one person cannot own all the land in a country).
  3. The property must come from your own work and effort

Too much greed

Greed über alles

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