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In reply to the discussion: Why do we tolerate mega-wealth? [View all]moondust
(19,981 posts)34. "viewed as shameful to be wallowing"
Last edited Tue Mar 25, 2014, 03:24 PM - Edit history (1)
I think there used to be some social stigma that may have had an effect in limiting gluttony, possibly related to it being one of the seven deadly sins of Christianity. Then Reagan and the financialization of the 80s turned that upside down and greed became good, etc.
Now with so many billionaires creating "success inflation," there are probably some psychopaths on Wall Street dreaming of becoming the first trillionaire. It's absurd and destructive.
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Social conditioning in regards to capitalism and the American identity.
go west young man
Mar 2014
#1
But we didnt' used to "allow" it. The tax rate was very high on the wealthy
mountain grammy
Mar 2014
#42
Because enough of us think we'll have that much wealth "someday" to carry it on
Recursion
Mar 2014
#3
News flash: actual politicians are as disappointing to third way activists as they are to liberal
Recursion
Mar 2014
#33
sorry I totally missed your point .. What has 3D printers got to do with anything? unless
srican69
Mar 2014
#45
The Oligarchs, Corporations And Banks Own And Control The Politicians That Own And Control Us
cantbeserious
Mar 2014
#32
And, the Bill Gates Foundation is trying to dismantle public education...
WhaTHellsgoingonhere
Mar 2014
#49