Authors :
Dr. Onyinye Ifeoma Okeke
Volume/Issue :
Volume 8 - 2023, Issue 3 - March
Google Scholar :
https://bit.ly/43uxUln
Scribd :
https://bit.ly/3opoTdh
DOI :
https://doi.org/10.5281/zenodo.7855100
Abstract :
This paper explores the concept of Wealth
Acquisition Addiction as a behavioural addiction, though
not classified in the Fifth edition of the Diagnostic and
Statistical Manual for Mental Disordersas a
behavioural addiction, Wealth Acquisition Addiction was
found to possess some phenomenological similarities in its
manifestation with other behavioural addictions and with
substance abuse. The paper also attempts to explain the
construct of Wealth Acquisition Addiction from the
Nigerian perspective, using the Machiavellian Theory of
Wealth Acquisition, which can be construed as portraying
that “the end justifies the means” or the “steal but do not
get caught” philosophies; and the inequality in wealth
distribution, as a causative factor, of the obsessive desire to
acquire wealth among some Nigerians. Factors that may
contribute to Wealth Acquisition Addiction, such as
addictive personality, substance abuse and genetics, were
explored. The paper critically discussed the psychosocial
implications and signs of Wealth Acquisition Addiction,
and proffered psychological approaches to the treatment
of Wealth Acquisition Addiction. The need for further
empirical and epidemiologic studies on Wealth Acquisition
Addiction was suggested.
Keywords :
Wealth Acquisition, Addiction, Quandary, Money.
This paper explores the concept of Wealth
Acquisition Addiction as a behavioural addiction, though
not classified in the Fifth edition of the Diagnostic and
Statistical Manual for Mental Disordersas a
behavioural addiction, Wealth Acquisition Addiction was
found to possess some phenomenological similarities in its
manifestation with other behavioural addictions and with
substance abuse. The paper also attempts to explain the
construct of Wealth Acquisition Addiction from the
Nigerian perspective, using the Machiavellian Theory of
Wealth Acquisition, which can be construed as portraying
that “the end justifies the means” or the “steal but do not
get caught” philosophies; and the inequality in wealth
distribution, as a causative factor, of the obsessive desire to
acquire wealth among some Nigerians. Factors that may
contribute to Wealth Acquisition Addiction, such as
addictive personality, substance abuse and genetics, were
explored. The paper critically discussed the psychosocial
implications and signs of Wealth Acquisition Addiction,
and proffered psychological approaches to the treatment
of Wealth Acquisition Addiction. The need for further
empirical and epidemiologic studies on Wealth Acquisition
Addiction was suggested.
Keywords :
Wealth Acquisition, Addiction, Quandary, Money.
