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Over decades, people all over the world have been arguing whether greed is beneficial. Michael Douglas said in the film Wall Street, "Greed is good", as it motivates investors to earn more and leads to competition among companies. Yet many still feel greed does more harm than good. Several religions see greed as a sin, together with sloth, lust and gluttony. Dictionaries define greed as an excessive desire to acquire or possess more than what …

…the world be more advanced than it already is. On the other hand, greed, when used excessively, can bring about disastrous consequences, which include pain and suffering. However, we must admit that the world today is much more advanced than a millennium ago is mainly due to man's greed. Thus, greed is crucial for survival and the world's progress. As long as it is not used excessively, greed can bring about amazing benefits for mankind.