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author | Nicholas Johnson <nick@nicksphere.ch> | 2022-05-23 00:00:00 +0000 |
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committer | Nicholas Johnson <nick@nicksphere.ch> | 2022-05-23 00:00:00 +0000 |
commit | 05fa3051e12acddfe320912a93e1927bcf1b64f6df2a14589594144df3b9f3e2 (patch) | |
tree | e2f767706bbef2caf24a3fd5ea9147f6866d3fef2c0e732f9b481932e87d67ea /content/entry/a-nation-of-temporarily-embarrassed-millionaires.md | |
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diff --git a/content/entry/a-nation-of-temporarily-embarrassed-millionaires.md b/content/entry/a-nation-of-temporarily-embarrassed-millionaires.md index 5256948..b36e8a8 100644 --- a/content/entry/a-nation-of-temporarily-embarrassed-millionaires.md +++ b/content/entry/a-nation-of-temporarily-embarrassed-millionaires.md @@ -11,10 +11,10 @@ Out of all the Gravel Institute's videos that I've seen, I feel that they mostly Nonetheless The Gravel Institute is making a really important point here. One that I don't think is hyperbole. Americans think one day they're going to catch their "big break". They'll be able to stop working (before retirement) and finally just enjoy life. Obviously for most of them, that's a myth. # Expectations Versus Reality -For one, people's expectations of happiness given wealth don't match reality. Studies show having more wealth doesn't make you significantly happier after your basic needs are met. Maybe you'll be able to temporarily distract yourself from the warzone inside your head with unsustainable consumption of goods and services, increased social status, drugs, travel experiences, etcetra. But it won't hold you over for long. It's just not in your biology to be satisfied with what you've got. And if you're already content living in the present moment, you don't try to fill the void with wealth anyway because there isn't one. +For one, people's expectations of happiness given wealth don't match reality. Studies show having more wealth doesn't make you significantly happier after your basic needs are met. Maybe you'll be able to temporarily distract yourself from the war zone inside your head with unsustainable consumption of goods and services, increased social status, drugs, travel experiences, etc. But it won't hold you over for long. It's just not in your biology to be satisfied with what you've got. And if you're already content living in the present moment, you don't try to fill the void with wealth anyway because there isn't one. # You Will Never Be Rich -Not only are Americans wrong that what they need in life is extreme wealth. As The Gravel Institute points out, Americans are wrong to think they even have a chance at getting rich. It's not hyperbole either that Americans think they can get rich. Many Americans really do think that. I know this isn't rigorous, but just look at the search results for the search terms "You Will Never Be Rich".[2] The most popular videos are about how to get rich, not about how unlikely it is. Anecdotally, I've known Americans who have dreamt of getting rich, whatever that means. None of them are. I think their belief that they can become rich stems from the lie they were told as children that they're exceptional. +Not only are Americans wrong that what they need in life is extreme wealth. As The Gravel Institute points out, Americans are wrong to think they even have a chance at getting rich. It's not hyperbole either that Americans think they can get rich. Many Americans really do think that. I know this isn't rigorous, but just look at the search results for the search terms "You Will Never Be Rich".[2] The most popular videos are about how to get rich, not about how unlikely it is. Anecdotally, I've known Americans who have dreamed of getting rich, whatever that means. None of them are. I think their belief that they can become rich stems from the lie they were told as children that they're exceptional. When I point out how unlikely it is for Americans to get rich, they respond with examples of people who "made it". But that doesn't change the statistics. Those people were extremely lucky. Personally knowing somebody who became rich doesn't mean it will happen for you. If you know somebody who got rich, ask yourself, do they seem significantly happier than before they were rich? Probably not. So why do you want to be rich anyway? @@ -30,7 +30,7 @@ You know who benefits from Americans' false hope that they're going to get rich ## The Rich Are Selfish When you think about it, getting rich is an extremely selfish goal. Even if you do become rich, you have to be a callous and uncaring person to hold onto your wealth. Is that who you want to be? Maybe you could try to justify holding onto your wealth by investing it, with the goal of doing greater good in the future. But that's a very shaky argument. -For one, there are organizations that need the funding right now in order to mitigate existential risks such as climate mayhem, nuclear weapons, nanotechnology, general artificial intelligence, autonomous weapons, etcetra. Funding them in the future won't do any good if it's already too late to mitigate those risks. They need funds now. +For one, there are organizations that need the funding right now in order to mitigate existential risks such as climate mayhem, nuclear weapons, nanotechnology, general artificial intelligence, autonomous weapons, etc. Funding them in the future won't do any good if it's already too late to mitigate those risks. They need funds now. For two, even if you can justify keeping your wealth, the question of spending it remains unchanged. Money spent on yourself can't be spent on others. It will still makes sense to spend some money on yourself of course. But when you're filthy rich, you can afford to help others. Not donating to charity is willfully allowing other people in remote parts of the world to suffer and die all so you can live in luxury. |