Perceptions of Wealth

Quote

Amazon.com

My interviewees never talked about themselves as “rich” or “upper class,” often preferring terms like “comfortable” or “fortunate.” Some even identified as “middle class” or “in the middle,” typically comparing themselves with the super-wealthy, who are especially prominent in New York City, rather than to those with less.

…Real affluence, she said, belonged to her friends who traveled on a private plane.

Others said that affluence meant never having to worry about money, which many of them, especially those in single-earner families dependent on work in finance, said they did, because earnings fluctuate and jobs are impermanent.

What the Rich Won’t Tell You, Opinion, New York Times, written by Rachel Sherman

Amazon.com

Silence Perpetuates The Problem

Quote

Amazon.com

Keeping silent about social class, a norm that goes far beyond the affluent, can make Americans feel that class doesn’t, or shouldn’t, matter. And judging wealthy people on the basis of their individual behaviors — do they work hard enough, do they consume reasonably enough, do they give back enough — distracts us from other kinds of questions about the morality of vastly unequal distributions of wealth.

…Such moves help wealthy people manage their discomfort with inequality, which in turn makes that inequality impossible to talk honestly about — or to change.

What the Rich Won’t Tell You, Opinion, New York Times, written by Rachel Sherman

Amazon.com