Self-Defeating Greed

The aborted attempt, by the world’s richest football clubs, to form a European Super League appears to be another salutary lesson in the self-defeating nature of greed. But, does greed always lead to the death of the goose that laid the golden eggs? We start this podcast by examining the decision-making of the various football clubs involved in trying to establish the European Super League, asking whether it was flawed. We then look at the pros and cons of greed as a driver of behaviour. Finally, we attempt to identify where greed tends to go wrong, and what we might do to harness the energy created by greed, while avoiding its pitfalls. A few things we mentioned in this podcast: - European Super League https://www.bbc.co.uk/sport/football/56795811 - Manchester United Business Model https://ir.manutd.com/company-information/business-model.aspx#:~:text=Within%20the%20Commercial%20revenue%20sector,licensing%3B%20and%20mobile%20%26%20content - Is Greed Good? The psychology and philosophy of greed https://www.psychologytoday.com/gb/blog/hide-and-seek/201410/is-greed-good#:~:text=Greed%20is%20the%20disordered%20desire,attention%2C%20admiration%2C%20and%20sex - Greed, not generosity, more likely to be ‘paid forward’ https://www.apa.org/news/press/releases/2012/12/greed-generosity - The Problem of Corporate Greed https://mises.org/library/problem-corporate-greed - Relational Models Theory http://sk.sagepub.com/reference/socialpsychology/n445.xml For more information on Aleph Insights visit our website https://alephinsights.com or to get in touch about our podcast email podcast@alephinsights.com Image: 2.0 Generic (CC by 2.0) https://www.flickr.com/photos/9731367@N02/7643873724