A New Definition Of Greed

I propose the following is a better definition of greed:

The desire to take the fruit of other people’s labor without having to work for it.

With this definition, we can say the Wall Street power brokers who use Government to suppress interest rates and bail out their failed corporations are greedy.

This seems to be a much better fit than the current definition, which is simply:

Greed is an excessive desire to possess wealth or goods with the intention to keep it for one’s self.

Which seems utterly ridiculous to me, since this defines working toward a goal as evil behavior.

Economist Milton Friedman explains why our current notions of greed are wrong.