flag image
Form Wealth Management

Regional News blogs


John's blog
shadow
John's blog
People watching from the desk of General Manager John Halverson

printPrint
emailEmail
CommentFeedback
shareShare

Let the class warfare begin

February 28, 2012 | 04:13 PM

A study just came out that "suggests that people who are socially and financially better-off are more likely to lie, cheat, and otherwise behave unethically compared to individuals who occupy lower rungs of the socioeconomic ladder."

Writer F. Scott Fitzgerald once claimed "the rich are different than us." To which writer Ernest Hemingway said, "yes, they have more money."

According to the study there's more difference than meets the eye.

Why do they act that way?

They have a sense of entitlement, the researchers assume.

Plus, the study says, "elevated wealth status seems to make you want even more, and that increased want leads you to bend the rules or break the rules to serve your self-interest."

I've always thought that conventional wisdom presumed that those in the less fortunate economic strata tended to be more unsavory, but this study says otherwise.

I take no position on the validity of the research since I am somewhere between rich and poor. Like the three bears, maybe I'm in the group that has it "just right."


Comments ()
Community Bank
LGRN
LGRN
LGRN
Keefe - Pat Moore
Young Auditorium
Regional News
LAKE GENEVA AREA REALTY
Your national news today
iconChildren stage 'die-in' protest in Wynnefield Heights
A group of children, parents and other adults staged a rally, march and 'die-in' protest Saturday morning in the Wynnefield Heights section of Philadelphia...
iconHopes, fears, doubts surround Cuba's oil future
MIAMI (AP) — One of the most prolific oil and gas basins on the planet sits just off Cuba's northwest coast, and the thaw in relations with the United States is giving rise to hopes that Cuba can now get in on the action...
iconChristmas 1914: The day even WWI showed humanity
PLOEGSTEERT, Belgium (AP) — With British and German forces separated only by a no-man's land littered with fallen comrades, sounds of a German Christmas carol suddenly drifted across the frigid air: "Stille Nacht, Heilige Nacht" ("Silent Night, Holy Night")...