• misterfenskers@sh.itjust.works
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    7 months ago

    I had a shower thought this morning:

    At a certain point in capitalism, a wealthy person can get enough money to live comfortably the rest of your life. If you decide to continue to grow your wealth from there, you’re essentially not just making money for yourself, but so others can’t have it.

    I have a feeling that number is well below a billion, but I’m no economist.

    • CitizenKong@lemmy.world
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      7 months ago

      There was a study from 2010 that said that the happiness already plateaus somewhere around 75k annually. But more recent studies suggest that for some people, more money means more happiness well beyond that, and for some it doesn’t. Basically, if you’re generall an unhappy person, money doesn’t help much. https://penntoday.upenn.edu/news/does-more-money-correlate-greater-happiness-Penn-Princeton-research

      But I agree that owning more than 1 billion (or even 100 million) is just useless hoarding, since no one can spend that much money in a lifetime (at least without decadent spending for spending’s sake).

      • themelm@sh.itjust.works
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        7 months ago

        But you miss that having the money isn’t necessarily the point they have power and control over resources people and machines as well as influence in government

          • Brocken40@sh.itjust.works
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            7 months ago

            Unless you already have a tendency towards psychopathic behaviors, the they probably

            (not a psychologist)

            • CitizenKong@lemmy.world
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              7 months ago

              Also not a psychologist, but attended a four hour lecture on psychopaths recently (out of interest). I don’t think happiness as a concept exists for actual psychopaths, because they don’t really feel emotions the same way.