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Is money the root of all evil? Show more Show less
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It could be argued that we have an increasing attachment to material wealth, and some people may do all within their power to gain and retain wealth. This question explores the relationship between money and unethical behaviour. It invites us to consider whether the former is the sole and principal cause of the latter.

No, money isn’t the root of all evil Show more Show less

While money may facilitate and even be a driving factor behind the realisation of unethical acts, it is in no way the principal cause. What is telling is the attitude towards money that the individual, who hopes to attain money, has.
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Workplace studies show that money itself doesn't cause evil, but greed does

The value that individuals attach to money greatly affects their behaviour and personal ethics rather than the possession of money itself.

The Argument

The purchasing power of money provides us with an array of material goods and also intangible things. How we can earn and possess money varies, but what is constant is the fact that money is instrumental in surviving and living well today. Ali Mahdi Kazem carried out a study exploring the relationship between income, the love of money and unethical behaviour within a business context. [1]Results of the study, which are based on data from over 2000 employees, suggested that income does not have a direct impact on unethical behaviour. That is to say, money is not the root of evil. According to Kazem, unethical acts were related to how employees thought and felt about their salary, the CEO’s salary and, more generally, how fairly salaries were decided across the company. Rather than money itself, the love of money is in fact the root of evil. The love of money caused employees to be less satisfied with their current salaries. This in turn had a negative impact on the level of commitment that employees had to their organization, which had a positive impact on unethical behaviour which we can interpret as ‘evil’. Put differently, employees who thought they were inadequately compensated at their place of work were more likely to commit evil.

Counter arguments

Proponents

Premises

Rejecting the premises

References

  1. https://www.researchgate.net/publication/272026192_IS_THE_LOVE_OF_MONEY_THE_ROOT_OF_ALL_EVIL_OR_DIFFERENT_STROKES_FOR_DIFFERENT_FOLKS_LESSONS_IN_12_COUNTRIES
This page was last edited on Thursday, 26 Nov 2020 at 23:35 UTC

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