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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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Week 1 Essay

Week 1 Essay

Q Is the individual pursuit of wealth greed? When does the individual pursuit of wealth end? Define progress. Define civilization. Did the Taino stand in the way of progress? Consider what many of the trade commodities like sugar, tobacco, rum, tea, coffee, chocolate, and indigo have in common

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Individual pursuit of wealth cannot be regarded as greed as it is important to understand wealth as a crucial resource propelling self-actualization and augmenting one’s life chances. This procurement of wealth can be positively seen against the backdrop of success and prosperity and should not necessarily be accompanied by pejorative connotations. Moreover, the benefits which accrue to him are naturally advantageous for the society too as he functions as one of the embedded entities of the social milieu. As Adam Smith asserted that “every individual continually exerting himself to find out the most advantageous employment ... But the study of his own advantage naturally, or rather necessarily, leads him to prefer that employment which is most advantageous to the society”.