[lbo-talk] Wealth Psychologists

Mr. WD mister.wd at gmail.com
Wed Oct 10 06:58:34 PDT 2007


On 10/10/07, andie nachgeborenen <andie_nachgeborenen at yahoo.com> wrote:
> Problems more people wish they had . . . .
>
> http://news.yahoo.com/s/nm/20071009/bs_nm/wealth_summit_psychologists_dc

If more Americans realized how much money just a handful of people in the U.S. had -- you know, so much they need a shrink to handle it -- I suspect there'd be a lot more support for policies aimed at the redistribution of wealth.

The problem is that most cities have nothing close to the Upper East Side; most people don't read newspapers that have ads offering services to teach children 'who may never have to work' how to be socially responsible about their wealth; in many areas the rich kids go to public school with everyone else.

In fact, most Americans think of wealthy people as respected members of the learned professions or the hard-working managers of relatively modest family businesses that employ people in the community: They take their families on nice summer vacations, and their kids wear clothes from the nicest stores in the local mall and probably go to the most prestigious state or regional universities. What's there to resent about that? The most well-known billionaires like Bill Gates and Warren Buffett have been careful to cultivate a similar image.

If there was any popular comprehension of some of the largest Wall Street bonuses and/or the typical Upper East Side lifestyle, you might even have open revolt.

-WD



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