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Most wealthy people have an odd psychology. They want to believe that they have earned everything they have, that it is some sort of just reward for their own f
by michaelbrave 9y ago
Most wealthy people have an odd psychology. They want to believe that they have earned everything they have, that it is some sort of just reward for their own fiscal righteousness or cleverness or intelligence. Many don't even consider themselves rich and use terms like "we're doing ok" or "middle class" or "normal". But at the same time might feel ashamed to buy the expensive bread because it may make the maid fell uncomfortable. To them all it took was hard work, so why doesn't everyone else do the same, why should their money be taken in taxes or why should they sacrifice for someone else as it is their own fault to be in such a situation.
Most don't factor in how privileged they were to be born into some wealth or with parents who were educated. On the smallest level, it trickles down to the expectation that they would go to college (my poorest friends were never expected, encouraged or helped to do so if anything it was discouraged by their family as a waste of time and money). Going even deeper, if your parents were good with money and had resources to help you, suddenly taking that unpaid internship during a summer isn't a big deal, because dad pays for your living expenses while you do it, to the poor kid it's an impossible notion to work for free in a big city on your own dime. Going into debt for college, forget it dad paid for that too, so now the next ten years of your life aren't sapped by student loans, for some these are crippling. But I think more than anything having the fiscal wisdom of parents who know how to wisely invest is the biggest advantage of all.
All of that said, they get a few things right, blaming others for your problems isn't constructive and their education and hard work is a factor. The only problem is the disconnect between recognizing how lucky you were so that you forget to be kind to those who weren't as lucky (and I don't mean financially kind, I mean just not being a dick).
So to sum up, why don't they donate more or give more money away? They think the world is as it should be, people who earn things have things, people who don't have things didn't earn them. This is an oversimplification, but that's the gist of it.