Daily Links Feb. 29: Money, money, money
“As an individual’s wealth and status rise, so does their tendency to be unethical, concludes a new study of the relationship between socioeconomics and ethics,” reports Wired Magazine. The more wealthy a person is, the more likely he or she is to act unethically, the study says, even going so far as to “literally take candy from the mouths of children.”
Perhaps this is one of the reasons behind the Catholic preferential option for the poor?
Last month, Pew Research reported that more and more Americans see increasing conflict between the rich and the poor, with 66 percent saying there are “strong” or “very strong” conflicts, up from 47 percent 2010.
The Christian Century more graciously than I read this article on how the rich are feeling the economic crunch. Having to drive to the Red Hook district for discounted salmon at $5.99/lb, cut back on travel for leisure, or think about taking your kids out of private school thanks to cuts in bonuses cause a lot of stress for the 1 percent.
Undoubtedly, these are "stresses" my peers and I will never understand. And my populist eyerolling is impossible to suppress.