3 ms·
There definitely does seem to be two types of "rich". There is (and my terminology here has nothing to do with his) the comfortably rich and the sociably rich.
by Periodic 17y ago
There definitely does seem to be two types of "rich". There is (and my terminology here has nothing to do with his) the comfortably rich and the sociably rich.
The comfortably rich seek to make more money in order to live more comfortably. I see a lot of geeks like this. They like to work their investments more for fun and to build up a nicer retirement fund than to buy a nice car.
The sociably rich seek to gather wealth to change their social status and thereby both attract a different set of peers/partners and increase the number of people below them on the social ladder.
In terms of the former the US is definitely very rich now. The ability of so many people to go to college and enter various job markets or make a living in a small business is amazing.
In terms of the latter only a few can win, because it is a zero-sum game.