Are Rich People Less Moral?
sciencehabit writes "New research suggests that the upper classes are more likely to behave dishonorably than those lower on the economic spectrum. The rich are more likely to cheat, steal, and even disobey traffic laws than those with less money and power (abstract). Curiously, in one experiment, Prius drivers also behaved badly, regardless of their wealth."
Is that really the cause?
Perhaps people who are rich perceive a smaller consequence for behaving badly. They "know" (possibly only at a subconscious level) that they can buy their way out of trouble so they feel the risk of being chastised is weaker.
Or maybe they feel that because they are rich they have contributed (again possibly only subconsciously) and so should be allowed to bend or ignore rules. I think this meshes with the Prius driver example -- maybe Prius drives feel that the good karma they've gained by driving a Prius entitles them to more leniency in road etiquette. (Again, this is most likely subconscious if this is the actual reason.)
I think it's just a knee-jerk us-vs.-them reaction to say that the amoral get rich and the nice guy loses, as if the rich deserve to be brought down a peg because they must be evil to be rich, rather than power and money corrupting them once they get there.
In the book "Freakonomics", about how the statistical tools economists use can bring some light to other areas of social study, the tale is told of a guy who ran a business model of dropping off bagels at office coffee rooms around town, with a voluntary-contribution box, and kept meticulous records for many years of his repayment rate. Turns out the upper floors (as in, upper management) and near corner offices and so on, had the lowest rate.
The authors were careful about drawing conclusions, though they entertained by speculating - was it "have to run to my important meeting, that's more important than digging around for change, my time is worth $900/hour", or was it just a "sense of entitlement"?
This may tip the needle towards "self-entitled bastards", though it remains speculation, of course, not conclusion.
The Prius thing may indicate another reason for being a "self-entitled jerk", of course: environmental smugness. Now I'm just TOTALLY speculating, obviously, but I'd add a data point: my rotten self, and all the rotten cyclists like me. We disobey traffic laws with wild abandon, we're notorious for it. And bikes are vastly more environmental (and, better yet, non-road-space consuming) than Priuses. I am shamelessly anti-authoritarian on a bike the way I am not in a car.
I claim, in my own head (never had to try it on a cop, and don't plan to) that I coast through stop signs and so forth because of the vast importance of Conserving Momentum. And the roadway just "owes" me a little slack because I take up so little of it. And I'm only risking my own damfool neck, I can at most cause others a dent. Or something. If you can get self-entitled by contributing to the common weal that little, imagine how much you get from doing work others value at $900 per hour...
A little bit. Just my own $0.02.... I used to own an engineering company. We were mostly based on repeat business and word of mouth, and had a steady clientele. We did OK. Our typical hours were four 9s and a 4 and most of us would be gone by Friday afternoon. We had a reputation for being fair to our clients and charging a fair price. I would not accept shady clients or do anything that was unethical.
One of my major competitors was a workaholic with the instincts of a jackal; you were a disappointment if you worked less than 60 hours a week, for which he paid you your base salary. He worked probably 80 to 100 hours a week and took his laptop on vacations. He spent 3 hours a week with his kids; one hour per child. He had a reputation for being voraciously money hungry and would skirt the law on almost everything as long as there was profit in it. He had no problem cheating clients, employees, or the government.
He consistently made far more money than I did. He didn't care what his reputation was or how much damage he did to his family or the lives of his employees or the community. He had no friends that I know of.
I on the other hand still keep in touch with my former employees, sleep well at night, and live a modestly successful life.
So yes, from my own limited experience, you get richer than me by being morally corrupt.
There is this fascinating experiment. It occurred in Israel. The setting is this: there is a day-care centre at which people come to pick their kids at a fixed hour. Now some people are late, and there are no other consequences than the reprobation of the staff.
Comes in the economists. And they say "incentives matter!". And lo, a small fine is introduced for being late.
And now many more people are late, for the fine was too low: social pressure had kept people in line, but the small fine told them being late was no big deal. And so the fine is removed.
And people are still late, because now, the value of being late has been set, and it is low.
Moral of the story: if someone is a dick, don't let them get away with it. Politely voice your disapproval. Social pressure keeps people in line. And I would bet, even bankers: whatever they think, they cannot buy the respect of people around them. No-one can. An nice person is a nice person, and a dick a dick. Treat people accordingly to their behaviour, and ignore their social status.
At the end of the day, we are all dead. When you die, having been fair with the people you met means you leave a slightly better Earth.
The first of those is misunderstood, the 'eye of the needle' was a term that described that back door to a walled city - the door that would be used after dark when the main gate was closed. It was too small for a fully loaded camel to fit through, so wealthy merchants that arrived at a city after dark would be forced to unload the camel to get into the city. Basically it's just saying that rich people can get to heaven, but they can't take all their stuff with them.
Subtle my ass.
They stole nearly a trillion dollars right in front of our faces. I am talking about a subset of people that have the state of being rich. Saying that all wealthy people are evil just plays right into their hands by engaging in class warfare.
One way to define immorality is the disregard of others out of selfishness. "The rules don't apply to me" is a very selfish way of life.
In theory at least, traffic laws exist to reduce conflicts between people. Red light laws and stop sign laws exist to reduce accidents; the same applies for speed laws, at least in original intent.
I agree that there is perversion of the law, that some laws are set and enforced beyond a reasonable level for the sole purpose of funding government. I'm not in argument there. But when laws are set and enforced at a reasonable level, lawbreakers are risking the livelihoods of other people for their own goals.
Getting to the movie theater faster by risking the lives of other people is definitely immoral. If that type of behavior is correlated with wealth, then wealth is correlated with at least some types of immoral behavior.
All my liberal friends think I'm a conservative, all my conservative friends think I'm a liberal.
"The "eye of a needle" has been interpreted as a gate in Jerusalem, which opened after the main gate was closed at night. A camel could only pass through this smaller gate if it was stooped and had its baggage removed. This story has been put forth since at least the 15th century, and possibly as far back as the 9th century. However, there is no evidence for the existence of such a gate."
(from Wikipedia, where else?)
Learn to love Alaska
Rich don't pay taxes. The "family trust" owns the house, and makes its money from capital gains (taxed at a much lower rate than salary), and so, only what you spend on personal items that can't be deducted are "income" and someone like Paris Hilton has no undeductable expenses (as partying is "marketing" and such, so even her cocaine should be tax deductable). Paris Hilton, set up properly, should pay less than 5% tax on all her earnings. The rich don't pay tax. Just the top 75% to top 1%. The top 1% pays much less than you or I do.
Learn to love Alaska
"The law, in its majestic equality, forbids the rich as well as the poor to sleep under bridges, to beg in the streets, and to steal bread."
(La majestueuse égalité des lois, qui interdit au riche comme au pauvre de coucher sous les ponts, de mendier dans les rues et de voler du pain.)
Anatole France
Quattuor res in hoc mundo sanctae sunt: libri, liberi, libertas et liberalitas.