The Merriam-Webster online encyclopedia defines greed as “A selfish desire to have more of something, especially money.” Is greed really necessary in a capitalist, free-market economy like the current one in the United States? I hope to describe how greed is what fuels our modern society and what effect it has on others. The benefits of greed to an individual are evident in a free market economy. People need to want more of what they already have or they need to want that nice house, nice car and be truly successful in a world that requires a lot of money to have a great life. Greed is good in moderation, but some people take it far, like companies that employ children for pennies a day overseas. Greed should inspire those who want to earn the almighty. A greedy person at this level is no longer respected by others, simply because they have become too greedy. It is human nature to define oneself by one's personal value system. Those who value money above all else have lost this important characteristic that makes them a decent person. As human beings, we are defined by our values. It is very important to balance the two: a great person can have money and still be charitable to others in need. What motivates individuals besides greed? I would say that the desire to be loved, have friends and simply be happy in life is enough for them. People who take a job they really love don't necessarily do it because it pays the best. Money is not everything for these types of individuals. Greed fuels consumption. Consumption stimulates the economy because of the trade involved in consumption. Therefore, greed can actually stimulate the economy. This does not mean, however, that greed in its extreme form is in any way positive. Greed also neglects the world we live in. Greed focuses only on oneself and ignores poverty, or often perpetuates the plight of the poor. This leads to