“Why Greed is Worse
Greed is far harder to correct than wastefulness. Unlike wastefulness, which often fades with age or hardship, greed tends to grow stronger over time. As people age, they often cling to their wealth. This makes it harder for them to be generous. Furthermore, greed is far more common than wastefulness, making it a more widespread vice.
There are two types of greedy people:
1 Stingy hoarders – They don’t try to take from others but refuse to share what they have. They fear losing money, so they hoard it.
2 Money-grabbers – They take whatever they can, even from bad sources. This includes gamblers, con artists, and those who inflate prices. They care more about money than their reputation.”
-The Nichomachean Ethics - For Everyone, Aristotle, Kindle Edition, pg. 64-65