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I would like to know what damages the rich cost the world. Howmuch of the money they hoard goes in providing own health and wellbeing and how much goes in to the wrong hands.

2006-12-16 22:47:03 · 3 answers · asked by Mannil S 1 in Social Science Economics

3 answers

The extra consumption by rich people is mostly in the labor of other people not natural resources. If you have 100 times as much money as the average person you do not have 100 times as many homes or cars. Only if you have your own private airliner like the president do consume a 100 times a much when you travel. The money they do not consume is saved or invested and that is usually considered a good thing because it provides the capital the a economy needs to run,

2006-12-17 13:11:22 · answer #1 · answered by meg 7 · 1 0

Envy - occurs when a person lacks another’s superior quality, achievement, or possession and either desires it or wishes that the other lacked it
.

2006-12-17 10:23:30 · answer #2 · answered by Zak 5 · 0 0

Don't forget how much goes to charity and welfare and the fact that most earned their money.

2006-12-17 06:54:52 · answer #3 · answered by kitty fresh & hissin' crew 6 · 0 0

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