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2006-07-04 14:00:11 · 22 answers · asked by Eric Inri 6 in Social Science Economics

If people do not know how to spend their money, then the government or their heirs have to help them.

2006-07-04 14:32:55 · update #1

22 answers

Probably neither. If evil, their deeds have not likely gone unnoticed, and their being rich won't last long. If they are inferior spenders, that will change. Think of the numbers of wealthy who spend it faster than it comes in. How many rappers and athletes end up in bankruptcy and obscurity after the limelight fades?

And why decry the "millionaire next door", the couple who own an unassuming house, a 5-year-old car with rust and dents, who go out to eat once a month and buy things from a second-hand store, and are rewarded for their frugality by having a superior financial freedom. Is this not a goal to be attained, and once attained, why let it go to the government? To say "there's so much more good we can do with that money than they could do" is to say property should belong to the one who finds it most valuable, which denies the rewards of hard work.

2006-07-05 03:06:06 · answer #1 · answered by Veritatum17 6 · 4 0

Some are evil: Ken Lay, Jeff Skilling, Dennis Kozlowski, Richard B Cheney, etc.


Part of it is luck. They could've been born into money or had the right idea at the right time or were in the right place at the right time.

As for inferior spenders, come on...people don't realize how much the rich make for doing nothing!

Let's say you have $320 million in a daily interest bearing money market account. The amount of interest added on day one to that account is $43,805 if the annual interest rate is 5%. That compounds, so on day two the interest added is $43,811. This goes on for years and years!

The rich are truly free people.

The majority of Americans are wage slaves teased with the illusion of economic freedom.

The rich aren't necessarily evil, but the system that sustains this gross inequality is.

2006-07-05 10:56:40 · answer #2 · answered by ideogenetic 7 · 0 0

Rich people are lucky people, smart people, or intuitive people. You can be lucky and get an inheritance, or you can be lucky just by being born rich. If you're smart, you can get good jobs and make good money, therefore becoming rich. An intuitive person does not need to be smart to make a lot of money. Rich people can be evil, but being rich does not MAKE you evil. Inferior spending? That's ridiculous. Rich people, having more money, SPEND more money compared to poor people. I'd say that poor people are the inferior spenders.

2006-07-05 07:06:36 · answer #3 · answered by xizor159 1 · 0 0

In my experience, neither. The level of one's wealth does not have any direct bearing on the moral and ethical frameworks underlying and governing one's behaviour.

Think of it this way - if you found out tomorrow that a long-lost (and very wealthy) relative died and left you a unit or two, would you suddenly become evil? Or an inferior spender?

And it seems to me even less likely that either would apply were to you earn your wealth through your hard work and intelligence, rather than inhereting it.

2006-07-04 21:27:06 · answer #4 · answered by rei_t_ex 2 · 0 0

Neither, most rich people are motivated and intelligent, they made their money by ignoring alot of what life has to offer and working 60-80 wks, spending lots of time planning financial decisions and providing goods, services, and jobs better than their competitors, Less successful people want to think they've cheated to get to the top, so they can justify their own laziness and don't have to take personal responsibilty for their own lack of success.

2006-07-04 23:21:37 · answer #5 · answered by hazbeenwelshman 3 · 0 0

If they inherited the money - then that is not an evil act. If they got rich off the hard work of others, then, they are probably Evil - that would include Corporate Executives, the Mafia, and crooked Politicians.

2006-07-04 21:08:54 · answer #6 · answered by fatsausage 7 · 0 0

Evil. evilevilevil. Thats how they got rich- sucking the life force and money out of others. Evil.

2006-07-04 21:03:11 · answer #7 · answered by DagStar 2 · 0 0

Rich people are not evil, however they have the least amount of patience; therefore they are perceived as being evil because "bs" does not entice them. Now contrary to what I just said, there are some people who do things out of spite- but truthfully the rich or wealthy however you choose to describe them are not as happy as he or she may appear to be. I am speaking from my own experiences.

2006-07-05 03:34:28 · answer #8 · answered by kyla s 1 · 0 0

Well, if they sold their soul to the devil for their money, they will soon be evil or at the lest, surrounded by evil. Like going to the mall where a large group of moronic teenagers are hanging out.

2006-07-05 03:46:49 · answer #9 · answered by Anonymous · 0 0

Neither. They are people who either studied very hard in school and became professionals and earned a lot of money (physicians), invented something (the inventor of the codes we scan on products at the supermarket), started a business that provided employment to other people (Bill Gates), were wise investors (Warrren Buffet), provided entertainment (Bill Cosby) or otherwise achieved something.

2006-07-04 21:07:15 · answer #10 · answered by kadel 7 · 0 0

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