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Maslow's Theory of Needs: Money and Fear Are Good Motivators

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Maslow's Theory of Needs: Money and Fear Are Good Motivators
MONEY AND FEAR ARE GOOD MOTIVATORS
“Money and fear are good motivators”. Discuss the statement and narrate reasons for your answer.
Introduction
1. “If people are good only because they fear punishment, and hope for reward, then we are a sorry lot indeed” is a saying by Albert Einstein. The statement suggests a super human being independent of worldly needs. It describes attainment of a level of self-actualization where the human being has surrendered his basic needs for the achievement of his cause. This is the top most level of Maslow’s Theory of needs. However, practically, only a few humans throughout history have been able to attain this mental supreme. Today’s human being is taught to achieve his goals since his birth, but, his intrinsic psychology overrides all his ambitious thoughts and he looks for a stimulus work. This stimulus is called motivator and the feeling, therefor, generated is known as motivation. The motivators are of multiple type but ‘money’ and ‘fear’ are above all. The most instant response generation is possible through these two.

Money- A motivator

2. Benjamin Franklin said “Money has never made man happy, nor will it; there is nothing in its nature to produce happiness. The more of it one has the more one wants”. The desire to earn more money cannot be made independent from man. Same desire keeps the status of money as a motivator alive. According to Maslow theory of needs, it is impossible to survive without fulfilling basic needs of life. These needs are physiological, security and sense of belongingness. In today’s material world it is not possible to acquire the needs like food and security without money. Money makes the mare go and it is rightly so. Same weakness of man is being exploited by modern organizations. Rewards and incentive offered by the organization push workers to produce desired results which when combined together help the organization for its ultimate aim. Organizations look for opportunities such as

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