Money-centric
Money-centric describes a person, organization, or system that prioritizes financial considerations above all else. It signifies a focus on accumulating wealth, maximizing profits, or measuring success primarily through monetary terms. This approach often leads to decisions driven by financial gain, potentially at the expense of ethical considerations, social responsibility, environmental sustainability, or other values. It implies a worldview where money is the central organizing principle and the ultimate measure of worth. The term highlights a potential imbalance, suggesting that other important factors might be overlooked in the relentless pursuit of financial objectives.
Money-centric meaning with examples
- The company's money-centric decision-making led to environmental damage, as they prioritized cost-cutting over sustainable practices. Their focus on short-term profits blinded them to the long-term consequences of their actions, leaving them vulnerable to criticism and legal challenges. The community faced a loss when the money-centric approach saw jobs outsourced to countries with cheaper labor, ignoring the human cost.
- The politician's money-centric policies, favoring tax cuts for the wealthy, were criticized for widening the gap between rich and poor. These policy implementations were perceived to disregard the needs of the working class and underfunded vital public services. The government was accused of pandering to special interests and neglecting the needs of the overall population with this singular focus.
- The investment firm's money-centric approach led to risky and unsustainable practices that resulted in a financial crisis. Their aggressive pursuit of high returns and a bonus culture incentivized reckless behavior, prioritizing immediate gains over the long-term stability of the market. Many stakeholders lost faith in the system when profits seemed to outweigh the greater global good.
- The art collector's money-centric approach saw artworks viewed as investments rather than objects of aesthetic or cultural value. They prioritized purchasing pieces with the potential for resale value, often overlooking the artistic merit of their acquisitions. Critics highlighted the detachment from the creative process and focus on profit margins, creating a market of financial transactions.