I don't know. I don't think "greedy" is the right word. More like 'ignorant' perhaps?
In Britain the south has become so affluent, that most people living down there seem to have lost control of their senses. It seems people forget once they become comfortable.
Both our current leaders (hung parliament, because so few came out to vote), are both ex-Etonians. They have practically no grasp on reality at all. You're more likely to get into one of the top 5 universities (Oxbridge etc) if you went to public school (Eton is a well known British public school that only sons of bankers are most likely to afford) and paid the Β£5000 per term entry fees, rather than going to a state comprehensive government funded school school.
Did you also know the majority of 11 year olds who went to state schools over the last 20 years don't even know what an architect does, whereas ask someone from a public school, and you will get a different answer? As a matter of fact, if you are a well known RIBA architect, it's more than likely that your children will also go to public school.
Same probably goes for the monetary system, as we no longer live in a meritocracy. But when our leaders are also both ex-public school, this is hardly surprising.