5 Signs America’s Super-Rich Are Going Off the Deep End [View all]

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http://www.alternet.org/economy/5-signs-americas-super-rich-are-going-deep-end



1. The rich are mouthing off in epic rants.

They’re going on talk shows, writing editorials, bitching and moaning, and taking every opportunity to tell us just how fed up they are.

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2. The Ivy League apologists are out ‘splainin’ in full force.

Harvard’s Greg Mankiw is America’s most shameless defender of the 1 percent (just in case you didn’t know that about him, he wrote a paper titled, “ Defending the One Percent”). You can rely upon the chairman and professor of economics at Harvard and former Mitt Romney advisor to pontificate about why the megarich are smarter and more creative than you and not deserving of your ire. Mankiw just published an op-ed in the New York Times describing the risks our brave gazillionaire “superheroes” take to promote the public good.

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3. A new field of psychology is emerging to treat the uberwealthy.

Being loaded is a load to bear, evidently. A recent article in Mother Jones outlines new trends in psychotherapy emerging to deal with this overwhelming burden.

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4. They’re barricading themselves in.

It is a perennial problem for the super-rich that once you’ve got the loot, you’ve got to guard it. In a February 15 New York Times blog, economists Samuel Bowles and Arjun Jayadev report that America now has as many private security guards as high school teachers.