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The Diderot effect is a phenomenon that occurs when acquiring a new possession leads to a spiral of consumption that results in the acquisition of even more possessions. [1] [2] In other words, buying something new can cause a chain reaction leading to one buying more and more things. Each new item makes one feel like one needs other things to ...
Despite his $145 billion fortune, Warren Buffett values time far more than money. Discover why the iconic investor believes reclaiming time is the best investment anyone can make.
Acquisition centrality is when acquiring material possession functions as a central life goal with the belief that possessions are the key to happiness and that success can be judged by a person's material wealth and the quality and price of material goods she or he can buy. [4]
Simplicity to Friends has generally been a reference to material possessions. Friends have often limited their possessions to what they need to live their lives, rather than accumulating luxuries. The testimony is not just about the nature of one's material possessions, but rather also about one's attitude towards these material goods. [1]
Kahan contrasts the attitudes of early Christians with those of classical thinkers such as Seneca. The New Testament urges Christians to sell material possessions and give the money to the poor. According to Kahan, the goal of Christian charity is equality, a notion which is absent in the Greco-Roman attitudes toward the poor. [43]
At its core, ownership is about possession, stewardship, and the need to have control over something. Since psychological ownership can be experienced for diverse targets such as concrete objects [ 8 ] and abstract concepts (e.g., jobs, [ 9 ] investments, [ 10 ] brands, [ 11 ] ideas [ 12 ] ), the construct of ownership as a psychological ...
Wealth is the abundance of valuable financial assets or physical possessions which can be converted into a form that can be used for transactions. This includes the core meaning as held in the originating Old English word weal, which is from an Indo-European word stem. [1]
Lobh (Gurmukhi: ਲੋਭ Lōbha) is a word derived from the Sanskrit (लोभ), which translates in English to "greed"; it is a strong desire for worldly possessions and a constant focus on possessing material items, especially the urge to possess what rightfully belongs to others.