This certainly rings true. And when allied to the analysis by e.g. Tim Morgan regarding the economy as an energy system, it suggests that the human species is seriously self-harming. The question is, what to do about it? Merely tut-tutting is not enough. The only hope, if there is one, lies in countering the dominant narrative by helping people to understand that greed is not good. So while entrepreneurialism and hard work are fine, sequestering more of Earth's limted resources than you need is parasitic and contemptible.