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I know exactly what you mean. Recently I was on vacation in a country where a cab would take you through town for a price which would not be enough to get a tax
by mr_mitm 3y ago
I know exactly what you mean. Recently I was on vacation in a country where a cab would take you through town for a price which would not be enough to get a taxi driver in my country to even start the engine.
Of course some would charge you twice as much as others, which would still be very cheap compared to home, but that's not the comparison you make. You compare it to what the last taxi driver charged you and now you feel ripped off and disrespected by this particular taxi driver, even though now you are haggling about what is peanuts to me.
- noduerme 3y agoThis is a great example because it shows just how relative "wealth" is, and makes the thought experiment accessible to anyone in a first-world country. It's just my conjecture, but I don't think most billionaires "don't care about $1000". The few people I've met with a net worth over $100M are sharp bargainers. I think the view that "they won't miss $1000" or "why would they care" is a fundamental misapprehension of the psychological make-up of wealthy people that's commonly held among people who don't have a lot of money. (And so when the wealthy do notice and care, the explanation would be that they must have an axe to grind).