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Economy
In reply to the discussion: STOCK MARKET WATCH -- Wednesday, 21 May 2014 [View all]Demeter
(85,373 posts)22. Evidence That the Meritocracy Is Made Up of Poor People
http://www.truth-out.org/buzzflash/commentary/evidence-that-the-meritocracy-is-made-up-of-poor-people
Many wealthy Americans believe that dysfunctional behavior causes poverty. Their own success, they would insist, derives from good character and a strict work ethic. But they would be missing some of the facts. Ample evidence exists to show a correlation between wealth and unethical behavior, and between wealth and a lack of empathy for others, and between wealth and unproductiveness.
The poor, along with a middle class that is sinking toward them, make up the American meritocracy. Here is some of the evidence.
1. The Poor Don't Cheat As Much
2. The Poor Care More About Other People
3. The Rich Focus on Me, Me, Me
4. The Poor Give a Greater Percentage of Their Money to Others
5. Entrepreneurs Are in the (Sinking) Middle Class
Many wealthy Americans believe that dysfunctional behavior causes poverty. Their own success, they would insist, derives from good character and a strict work ethic. But they would be missing some of the facts. Ample evidence exists to show a correlation between wealth and unethical behavior, and between wealth and a lack of empathy for others, and between wealth and unproductiveness.
The poor, along with a middle class that is sinking toward them, make up the American meritocracy. Here is some of the evidence.
1. The Poor Don't Cheat As Much
2. The Poor Care More About Other People
3. The Rich Focus on Me, Me, Me
4. The Poor Give a Greater Percentage of Their Money to Others
5. Entrepreneurs Are in the (Sinking) Middle Class
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