The psychology of greed ⏲️ 6 Minute English

Hello. This is Six Minute
English from BBC Learning English.
I'm Neil. And I'm Beth.
I'm writing my birthday wish list,
Beth. Listen, I want a new laptop, a gold Rolex watch and a red sports car.
That is quite a lot,
Neil. Isn't that a bit greedy?
So what! Greed is good. We are genetically built to want things
that increase our social status. Power and material possessions like money,
a nice house, a fast car and all that stuff.
I'm not so sure Neil. Remember
greed is also one of the seven deadly sins.
In this programme, we'll be discussing greed –
the desire to accumulate stuff,
keep it for yourself and not share it with others.
And of course, we'll be learning some useful new vocabulary as well.
But first I have a question for you, Beth.
You reminded me of a famous quote by one of history's greatest leaders,
'The world has enough for everyone's need, but not everyone's greed'.
But who said it? Was it:
A. the Dalai Lama,
B. Mahatma Gandhi or C. Martin Luther King?
I think it was Mahatma Gandhi. OK, Beth.
I'll reveal the correct answer at the end of the programme.
At the neurological level,
greed is controlled by the reward centre of the brain.
Greedy people feel good when they choose the stuff they want
and this happens at the unconscious, emotional level of the brain
meaning there is little conscious awareness about how greedy actions
might affect others or be unfair. What does this look like
in real life? That's what University of California
psychologist, Professor Paul Piff, investigated using the
classic family board game, Monopoly. The game was rigged to give one
'rich' player an advantage by letting them roll two dice
instead of one, and collecting twice as much money as the poor player
when passing Go.
So, what happened when Professor Piff asked the 'rich' players why they had
inevitably won the fixed game?
Listen to the answer he gave to BBC