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'It's a Weird Time to Be Rich '

https://www.thecut.com/article/rich-people-anxious.html
17•bbqfog•8mo ago

Comments

GuinansEyebrows•8mo ago
it sounds more like these people feel it's a "weird time" to be nouveau-riche. i guess they're starting to learn why old money keeps to itself and doesn't consort with the hoi polloi.
_gmax0•8mo ago
Last time this happened in the US was during GFC. Mercedes-Benz and BMW "went into hiding" instead of Birkins.

Who's they? Members of every generation have to become class-conscious at some point, no? Some just pick it up quicker, perhaps through a European classic novel or a Great Depression archival newspaper.

trod1234•8mo ago
Its sad, I know quite a few people that would fall into this category.

While they are generally good-natured and personable but private people, they are often equally blind in many respects, and that blindness in a fair discussion often tips the scales towards them doing some quite evil things without them knowing it, or being able to recognize it because its always indirect but inevitably leads to said outcomes which they've blinded themselves to.

They don't consider adverse choices and outcomes on the people they interact with as their responsibility in many cases, and this extends to their businesses, and personal lives as well.

This is even more true with some of their children who suffer arguably worse than anyone else, and directly as a result of being wholly dependent and under the thumb of the person holding the purse strings, and never actually growing into mature thinking independent adults having been coddled their entire lives.

There is a point where the rich win so much that they lose everything.

That point is coming up in the near future where a reckoning will occur because the opulence and ostentatious lifestyles they lead in private are unsustainable and gathered on the backs of others who had little if any agency.

Worse, the rule of law, and our systems of governance acted as safety-wheels preventing the worst destructive outcomes right up until they were changed through corruption originating in the same cohort.

Some were not directly involved, but they all benefited from tax breaks, education, and other benefits which after they made their fortunes they then sought to remove, and as a result they equally share in the responsibility in failing to act to correct the deficiency they caused as a cohort.

Its quite problematic, and dark times are ahead as always happens when societal systems get out of balance, and are driven into crisis.

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https://ossama.is/blog/disparity
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