>>/90071/
Yes, excessive materialism. The original Greek in that verse you mentioned is πλεονεξία (pleonexia) meaning grasping, overreaching and avarice. Only a wealthy man is told to give away his possessions in Matthew 19:21. You might be aware of the verse stating it's easier to thread a camel through the eye of a needle than for a rich man to enter Heaven. Matthew 19:24