Greed (or avarice), an uncontrolled longing for increase in the acquisition or use: of material gain (be it food, money, land, or animate/inanimate possessions); or social value, such as status, or power. One can identify Greed as undesirable throughout known human history because it creates behaviour-conflict between personal and social goals.
Keynes wrote ‘The world, not so governed from above that private and social interest always coincide. World can not manage here below that in practice they coincide. Both views continue to pose fundamental questions in today’s economic thinking.
Erich Fromm described greed as “a bottomless pit which exhausts the person in an endless effort to satisfy the need without ever reaching satisfaction.”
One individual consequence of greedy activity may be an inability to sustain any of the costs or burdens associated with that which one has accumulated, leading to a backfire or destruction, whether of self or more generally. Other outcomes may include a degradation of social position, or exclusion from community protections. So, the level of “inordinance” of greed pertains to the amount of vanity, malice or burden associated with it.
Definition of inordinance
US Democrats plan to introduce an article of impeachment against President Donald Trump for his role in Wednesday’s invasion of the US Capitol.
House Speaker Nancy Pelosi said she would move forward with impeachment if Mr Trump did not resign immediately.
The charge of “incitement of insurrection” House Democrats sets to introduce on Monday.
They accuse Mr Trump of encouraging a riot in Congress in which five people died.
President-elect Joe Biden said impeachment was for Congress to decide, but said he had thought “for a long time President Trump was not fit to hold the job”.