No, money isn’t the root of all evil
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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.
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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. 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.