The A-Interest of Exorbitant Wealth

Synopsis:

The advantages of excess wealth are questionable at best. The primary advantage is of course social status; but the social tension that having so much wealth produces appears to offset it. It tends to be much more money than an individual can utilize; and for the most part becomes aggregate for financial services. It just doesn’t seem to be in any ones’ interest to be exorbitantly wealthy.

Social Status vs Social Tension:

Observing the manner in which society views it’s richest citizens, produces two striking responses from a small percentage of the population; and general indifference from the majority.

Some look up to the ultra-wealthy; as they are seen as ultra-successful. The natural behavior of investing in the strengths of leaders is probably applicable here. The apparent strength in being able to become so successful impresses a significant percentage of the population.

On the other hand, Game Theoretical predispositions assert that an excess of compensation is being awarded to the ultra-wealthy. The social tension is observed with this.

The majority is of course aware of the disparity; but feels as though nothing can or will be done. The most common response is no response. The majority just continues to pursue happiness with their families.

The outcomes with social status appear to be, some love them, some hate them, but most ignore them.

Excess:

The wealthiest members of our societies never see the bulk of their compensation. It’s much more money than they could ever spend; and it winds up in accounts, covering liquidity, that funds production anyway.

The fact that crises are coming more frequently leads to an understanding that the accounts are at risk; and the FDIC does not cover it.

Maybe the generations following them would benefit from some of the wealth. It doesn’t seem as though that would be the case for the bulk of it. At that level of wealth, it tends to be temporary. The list of richest people in the world is one of constant turnover. It doesn’t appear to have much sustainability.

Conclusion:

Considering the general lack of will to afford social status to our wealthiest citizens, and the inability to utilize excess wealth, there doesn’t appear to be much self interest in being so wealthy. All of the targeting, regulatory pressures and political dynamics are for something that is really not all that beneficial; if at all. The real value of a persons’ lifes’ work cannot be done justice with a monetary value anyway. It’s an insult not only to the captains of industry, but also to humanity in general.