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As early as 1776, Adam Smith recognized that businessmen may be more interested in their own materialistic self-interest, while ignoring, overriding or harming the public interest.
Mainstream economic models predict (under a series of assumptions, including that of "materialistic self-interest" of individuals) which type of incentives should be included in the "ideal" contract (for example, piece-rate payments, fixed salary or a mix), applying concepts from institutional economics, such as "high-powered" and "low-powered" incentives [ 15, 16].
Others are motivated by self interest.
It was enlightened economic self interest.
Self interest, of course.
"Self interest will prevail.
Gary is a materialistic, self-centered lawyer-turned-rat whose voice will be supplied by the actor Kelsey Grammer.
In "This Vacant Paradise," Esther Wilson is a gorgeous, materialistic, self-absorbed college dropout who, at 33, fears that her beauty is on the cusp of fading.
In addition, the fact that markets build on self-interest has been said to make individuals more egoistic and materialistic.
Enlightened self-interest.
First, pure self-interest.
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CEO of Professional Science Editing for Scientists @ prosciediting.com