News for hackers. Stuff that matters.
Re:Why Aren’t Rich People Happy With the Money They Have? by roenxi on Monday December 10, 2018 @07:18AM (#18647320)
'Trying to do the right thing' is a quirky human heuristic that works well in the small but scales terribly. It is evidenced in things like the legal system where 'intent to commit a crime' is often a consideration in the sentencing in addition to the actual outcomes of a criminal act.

With that in mind, it makes a lot of sense why money (and the economy generally) rubs people the wrong way. We have here a powerful system in which if you act rationally, selfishly and with intent to maximise your personal outcomes (but within the law), others will benefit. Intent is explicitly not part of the equation of who gets to be wealthy. But the whole thing hangs together because of the intuitive fact that a clever person acting with selfish intent can usually do more good than a clever selfless person acting with noble intent.

There is an irony that working to maximise your income looks, in real terms, a lot like dedicating your life to the betterment of others with personal perks. The people who get rich under capitalism do not spend their time sitting in idleness.

Re:Why Aren’t Rich People Happy With the Money They Have? by gooslol on Monday December 10, 2018 @09:45AM (#18648214)
That sounds very much like the trickle-down argument, which has been proven false – if not directly harmful – many times over. Selfish behaviour run amok more often leads to rent-seeking and a stockpiling of resources at the top, with little benefit to the rest of society.