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Is a billionaire really more likely to be corrupt? The marginal value of money is much lower for them. It's much more interesting when people of modest wealth e
by schnable 3y ago
Is a billionaire really more likely to be corrupt? The marginal value of money is much lower for them. It's much more interesting when people of modest wealth enter politics and become wealthy while in office, or shortly after leaving.
- mrguyorama 3y agoYes. The reality is that becoming a billionaire usually involves some pretty heinous shit conducted against your fellow man for personal benefit. This is a huge self selection for basically people who have no empathy.
- richbell 3y ago> The marginal value of money is much lower for them. Another way to look at it is that they're _more likely_ to be corrupt because they have an insatiable appetite to amass as much money as possible. They're "wired differently" from the average person. Anyone who is a billionaire has enough money that they could cease working and live in extravagant wealth the rest of their life.