Friday, August 29, 2025

Vampires in the Day

 

                                              (image: youtube.com)

Yay busganan!

In his bestselling book The Psychology of Money, Morgan Housel dedicates a chapter to the theme Never Enough. He observes that, for a significant part of society, including some of the wealthiest and most powerful, there seems to be no clear boundary to what “enough” truly means.

Two striking examples illustrate how greed can destroy even great success. Rajat Gupta, a former McKinsey head and Goldman Sachs board member, was jailed in 2012 for insider trading despite already having earned millions. Bernie Madoff, who ran the world’s largest Ponzi scheme worth $65 billion, was sentenced in 2009 to 150 years in prison. Both remind us that for some, wealth is never enough, until it leads them to ruin.

This is not just a story from abroad. Recently, questions have been raised over the lavish lifestyles of high-profile contractors after reports surfaced about their ownership of luxury cars. In an article published on August 26, 2025, Dominique Nicole Flores of The Philippine Star reported that the Bureau of Customs would “immediately look into” the imported vehicles of the Discaya family, owners of multiple construction firms linked to multi-billion-peso flood control projects. Scrutiny intensified after lifestyle features showing the Discayas flaunting their wealth resurfaced in connection with Pasig City Mayor Vico Sotto’s remarks on the ethics of potentially paid media interviews.

And then there are congressmen accused of siphoning public funds to sustain their extravagant lifestyles, an excess that only seems to deepen their unquenchable thirst for more.

What has happened to the mindset of these individuals? Could such public flaunting be an attempt to fill inner voids that wealth cannot satisfy? Is this not a classic illustration of the deprivation Maslow described in his hierarchy of needs, where unresolved deficits from earlier stages continue to shape behavior? Perhaps their relentless hunger for more is rooted in childhood poverty, leaving them insatiable even when abundance is already within their grasp.

Psychologist Abraham Maslow (1943) explained that deprivation at the lower levels of his hierarchy, such as basic needs for safety or security, can leave individuals with a lasting sense of emptiness. Even after acquiring wealth and status, they may still chase symbols of success to patch up those old wounds. It is this framework that helps explain why some people, despite already having more than enough, remain restless in their pursuit of power, luxury, and recognition.

But what if some were already born into wealth, yet their desire for more still pushes them to bend morality to their will? At what point does greed cease to be ambition and become a distortion of the human spirit, a kind of madness where reason is silenced and values are cast aside?

Indeed, there seems to be an addictive rush in craving ever more millions, even billions, despite the risk of public shame. Such relentless pursuit hints at deeper disorders of the spirit, if not of the mind. Philosophy teaches us a simple truth: when one continues to eat beyond fullness, the result is not satisfaction but sickness. Greed works in much the same way, when limits are ignored, the appetite becomes destructive.

Jessica Soho captured this reality with painful clarity: “Hindi na pala baha ang magpapalubog sa ating bayan, kundi kasakiman.” Her words remind us that the gravest floods in the Philippines do not always come from rivers or storms, but from the unchecked greed of those who drain our public resources.

Housel’s lesson, then, is worth repeating: enough is never about having too little, it is the wisdom to know that chasing more can eventually lead us to the edge of regret. In the end, the measure of a life well-lived is not in how much wealth is amassed, but in knowing when enough is truly enough.

No comments:

Post a Comment