Many people do not grasp the sheer size of the disparity between the truly wealthy and everyone else.
They really think billionaires are like them, the only difference is that someone else goes to Walmart for them
Billionaires are like everyone else. That’s the reason I don’t look up to any. They’re just as human as I am. No amount of money can ever make them anything else or anything more. They have access to an absurd degree, and they can afford far, FAR more, but they will never escape their base human nature. Almost anyone can be a billionaire. Some current billionaires prove that every moment they open their mouths.
Everyone poops.
Or they take capitalism as good and freedom as an axiom.
Most people will take “freedom” as an axiom, but how “freedom” is defined varies a lot. In a society where the commons are pretty much fully enclosed and you are homeless, the petite-bourgeois may very well be free, but you really aren’t.
I believe your comments is just a paraphrase of: “They are being stupid”
In my opinion this is a very toxic way of thinking and does not try to understand the arguments “the other side” presents.
I don’t think it’s that bad-faith. I myself still find it positively mind-blowing to comprehend when the data is right in front of me.
Someone might equate wealth to hard work, but it hasn’t really hit them, the real literal difference between 1 million dollars, and 1 billion, and then the news is talking about “trillionaires.”
There’s just no way to earn a billion dollars, to yourself, through honest work and by not exploiting others. And I think a lot of folks really don’t realize this. They know that’s a lot, but they might change their mind and realize how outrageous it is, when you present them with something like:
“Joe, you could get 3 more promotions and work 80 hours a week for 13 lifetimes and still not earn that much. Do you really think this is just petty jealousy at play?”
They might just change their mind.
But a lot of folks grew up in a time or place where people who ran the company started at the bottom, and it really needs to hit them hard that this just isn’t reality anymore.
I assume they think they will be able to achieve the same status in the game that’s designed to literally oppress them and make them think they are cared by the billionaires.
It’s the American dream. What is the quote? We’re all embarrassed potential millionaires?
That’s why the “hustling culture” is so important and prevalent in our society right now.
Everyone “knows” someone that made bank with either youtube, selling some pyramid-scheme product, bitcoins, some collectibles, craft beer, lottery… you name it.Social media (and before that was TV) is selling us the idea that there’s a shortcut to becoming rich, you just need to find it, hustle, and you will become one of the rich persons.
That’s also why there’s so much cult of wealth and billionaires.
That said, a large portion of Millennials and after them have a rather negative view of billionaires and are rather skeptical of becoming rich, or even becoming home owners.
The worst one is Real Estate agent. Oh god I hate them so much.
Something like “Temporarily inconvenienced billionaires” I think?
I’ll have you know I’m a millionaire with a cash flow problem.
This has been studied, and the ‘temporarily embarrassed millionaires’ idea is actually wrong.
The real reason is because some people (especially conservatives, because it’s a core part of conservative ideology) believe that in order for society to work, a hierarchy must be maintained wherein the ‘deserving’ are at the top, and everyone else is in their rightful place. Any threat to the natural hierarchy will undo the societal order and bring chaos and carnage.
This is why Obama becoming president was such an affront – because his presence outside his ‘rightful place’ was an existential threat to the natural order.
This belief has its roots way back when feudalism began to fail and the moneyed classes needed to find a new way to retain their power – both capitalism and conservatism were born at that time, with ideologies shifting from birthright to ‘earned’ status, which enshrined the haves and have-nots into literally sacred structures of meritocracy and social darwinism, and colonialists specifically fostered strict adherence to the social order. It became ingrained culturally that adhering to your station, whatever it is, is crucial for society to function. That there’s honour in being a cog in the machine, and that not accepting your lot in life is a danger to everyone. (eta: this is mostly subconscious, but you can see it if you ask ‘why’ enough times of someone who idolises Musk, for example. You’ll eventually whittle them down to these themes.)
That’s a nutshell view of a complicated topic, but these people don’t believe they’ll strike gold one day. They believe people who are rich deserve to be treated as kings, for the same reason monarchist peasants did.
Any pointers where I can read more about that?
One place to start is this article from the Stanford Encyclopaedia on Philosophy: Conservatism.
It’s a lengthy read, but enlightening.
One highlight from the summary:
Most commentators regard conservatism as a modern political philosophy, even though it exhibits the standpoint of paternalism or authority, rather than freedom. As John Gray writes, while liberalism is the dominant political theory of the modern age, conservatism, despite appealing to tradition, is also a response to the challenges of modernity. The roots of all three standpoints “may be traced back to the crises of seventeenth-century England, but [they] crystallised into definite traditions of thought and practice only [after] the French Revolution” (Gray 1995: 78)
I recommend reading the sources linked in that article, as well.
eta: It’s worth noting that societies worldwide often see a resurgence in conservatism in response to social change, crises, and civil rights movements, which are without fail a fear response to threats to the social hierarchy. We can see this in real time.
because they prefer to dream of themselves as billionaires in potentia. it’s hard to admit you’ve been duped, especially when society gives you so many targets to punch down on.
or, as futurama put it, link
A slave doesn’t dream to be free, but to be a king
Many reasons. One major factor imho is the belief or illusion to be living in a meritocracy. Which would mean, that someone who’s rich has to have earned it and therefore criticism must stem from envy or jealousy. The same belief fuels the ideology of thinking of poor people to just be lazy leeches on society.
The idea of meritocracy is such a bullshit lie it’s laughable. We need it so our children don’t live in a world without hope but much like santa claus they should shed the idea around the time of college. There are merit based reward systems. Ladder climbing is real. Only, many of them are corrupted by politics and mismanagement. Even if you succeed in an isolated merit based system it’s only to incentivize more production and you will never reach the level of CEO or what ever.
What we should teach young adults is that life is a lottery inside a lottery inside a lottery. Success is about increasing your odds by taking as many smart bets as you can. Bets where the reward is great and where you don’t have much at stake if you lose. Betting with other people’s money is the most efficient way of extracting value. The meritocracy isn’t real, so neither is the morals around it. If you want nothing but an easy life this is how you do it. If your can’t in good conscious gamble with other people’s livelihoods we will see you on the ladder.
