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The middling rich are probably the unhappiest people in the country right now, but this isn't because of economic inequality. They don't, for the most part, car
by time_management 18y ago
The middling rich are probably the unhappiest people in the country right now, but this isn't because of economic inequality. They don't, for the most part, care about other peoples' private jets and designer mansions. (I've worked on Wall Street, but I've never even seen a private jet.) It's because of social and power inequality. They're miserable because they expected to have a fair amount of autonomy upon "getting there", but they're still owned by someone.
Although social inequality is a bad thing, I'd blame this unhappiness on the dominance that large corporations hold over most peoples' lives, especially in the small world of upper-tier management. The powerlessness and anomie are what make the mid-level investment bankers and "white shoe" attorneys miserable, not the fact of being merely rich instead of super-rich.