Ecclesiates 5:10: A consumption economy's only purpose is to consume goods and services. From a Biblical perspective this is vanity. This is a purpose that can never be satisfied.

Proverbs 25:27. A consumption economy has lost sight of God. A consumption economy has no time for God because it is too busy maximizing how much it can consume in food, clothing, housing, energy, hard goods, communications and entertainment. In a consumption society, material goods and fashion replace religion and the spiritual things of God.

Bible Summary. The Bible provides us with a rich definition of greed. From a Christian perspective, the core definition of greed is that it is the obsession with accumulating material goods. A greedy person values material goods more than they value God. The Bible also tells us that greed is something that can never be satisfied. Greed and slothfulness have similarities in definition.