The pursuit of wealth can corrode personal character even as it succeeds.

Evidence

Gupta affirmed his drive to amass money, “When I look at myself, yeah, I am driven by money” (Raghavan, 2013). This relentless drive brought him considerable wealth, he explained, but also chagrin over the materialistic person he had become. He forewarned his audience that “money is very seductive” and enormously difficult to resist. “However much you say that you will not fall into the trap of it, you do fall into the trap of it” (Raghavan, 2013). — Albert Bandura, Moral Disengagement, 1473

Categorization

  • CANDY: The rich financier’s own rueful confession about money’s seductiveness is an elevator-conversation line.