Richness-driven

Characterized by a primary focus on maximizing wealth, prosperity, abundance, or variety of resources, assets, or experiences. This emphasis often shapes decisions, strategies, and priorities, placing significant value on accumulating and displaying tangible and intangible forms of 'richness'. It can apply to individuals, organizations, or even entire societies, signifying a motivation primarily fueled by the pursuit of a state of affluence and abundance. It can sometimes imply a degree of materialism or a focus on economic gain and material prosperity above other values or considerations. However, it doesn't necessarily exclude the pursuit of other forms of wealth, like social capital, knowledge, or emotional fulfillment, although those may be subordinated to the drive for richness.

Richness-driven meaning with examples

• The company’s strategy was richness-driven; every initiative was assessed by its potential to generate high profits and market share, even at the expense of employee satisfaction. This prioritized financial returns. New product development mirrored the strategy. Their investments flowed into markets promising exceptional returns, which made them successful and made a financial rich portfolio for the company.
• The city government's development plan was richness-driven, focusing on attracting high-value businesses and luxury residences to increase property tax revenue. While this resulted in economic growth and some benefits for the current population, the plan also raised housing costs, creating an imbalance in the community. Their ultimate decision focused on financial gain over the happiness of all people.
• Her lifestyle was richness-driven, encompassing lavish vacations, expensive cars, and designer clothes, indicating a priority on material possessions and external validation. Although she could find a partner, a family or a friend; her first priority was obtaining rich experiences for herself. Her actions often showed a lack of concern with people other than those in the exclusive groups.
• Historically, some colonial powers exhibited a richness-driven approach to resource extraction, prioritizing the accumulation of wealth from colonies and disregarding the needs and well-being of the indigenous populations. This historical example illustrates that wealth accumulation can lead to exploitation and social injustice.