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Wealth only corrupts the corruptible


This morning I heard the Pope announce that the current global financial crisis is a reminder that the pursuit of money is meaningless. The Pope said, ”He who builds only on visible and tangible things like success, career and money builds the house of his life on sand”. Although I agree that pursuing money for the sake of money is futile, his statement might be perceived as meaning money is a corrupting force. Money, or the pursuit thereof, seems only to corrupt the corruptible. Money and wealth doesn’t corrupt you, it only exposes what you already are. People who are giving and benevolent will very likely be the same when they have lots of money. It’s very likely that having money hasn’t anything to do with your ability to do good things. Watch out for people spreading the "money is evil" mythology. Money is not evil without somebody to make it so. The media loves to tell the stories of how money corrupts and destroys.

Author Richard Banfield

As CEO, Richard leads Fresh Tilled Soil’s strategic vision. He’s a mentor at TechStars and BluePrintHealth, an advisor and lecturer at the Boston Startup School, and serves on the executive committees of TEDxBoston, the AdClub’s Edge Conference, and Boston Regional Entrepreneurship Week.

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