Why we give respect to Rich and no-respect to poor?

[zimmah]

Beside those who are born into upper class, it takes a great amount of hard work and sacrifice to get to the top.

Something not everyone willing to do. Hence the respect.

this myth is so bad

do you think the children in china are poor because they are not working hard enough? aren't they making enough sacrifice?

the wealth in the world is unbalanced big time and rich people are not hard workers, at all.

rich people are often lazy and only worked relatively hard for a small amount of time (if at all) so that they never have to work again in their lives.

Who works harder: the king of the netherlands, 'earning' €800k tax free annually, or a kid making iphones 12 hours a day for a few dollars? Now who earns more respect?

you don't get rich from working hard, working hard only keeps the rich richer, that is, by your work you support the rich.

Face it, most people work for a boss, while the boss works for a large corporation. The ones really making a profit of all that hard work are the stock holders that own shares of that corporation. The only way to get rich is own (part) of a corporation. Or be born into it. Or be fricking smart and invent something like twitter or facebook (which is semi-hard work, for a couple of month/years).

[Arriemoller]

The king works a lot more than 12 hours a day, so the king is the hardest worker in your comparison.
Kids don't work in china, they go to school, just like in the west.
And the wealth is not as unbalanced as you think, and it is constantly getting more even, due to capitalism actually. This is my evidence, http://www.ted.com/talks/hans_rosling_shows_the_best_stats_you_ve_ever_seen

In the last 20 years the proportion of the world population living in extreme poverty has almost halved.
Here is an ignorance survey for USA http://www.gapminder.org/news/ignorance-survey-in-the-usa-2013/#.VAb8pWM4jIU
And here you can find the same thing for Sweden and Norway, pretty much the same results, http://www.gapminder.org/GapminderMedia/wp-uploads/Novus-Gapminder-Ignorance-Survey-SWE-NO-nov_dec_20131.pdf

[Ibian]

Socialism is institutionalized greed, backed up by violent men with guns.

As someone mentioned earlier, that may be an appropriate characterization (if imprecise) of state socialism. But not all forms of socialism would use the state to enforce anything, and in fact, some oppose it on all fronts.

Yes it would, because that's the only way it could possibly happen.

[jersey19957]

The best way is to work and spend a % of ur money in btc.

[zimmah]

The king works a lot more than 12 hours a day, so the king is the hardest worker in your comparison.
Kids don't work in china, they go to school, just like in the west.
And the wealth is not as unbalanced as you think, and it is constantly getting more even, due to capitalism actually. This is my evidence, http://www.ted.com/talks/hans_rosling_shows_the_best_stats_you_ve_ever_seen

In the last 20 years the proportion of the world population living in extreme poverty has almost halved.
Here is an ignorance survey for USA http://www.gapminder.org/news/ignorance-survey-in-the-usa-2013/#.VAb8pWM4jIU
And here you can find the same thing for Sweden and Norway, pretty much the same results, http://www.gapminder.org/GapminderMedia/wp-uploads/Novus-Gapminder-Ignorance-Survey-SWE-NO-nov_dec_20131.pdf

not sure if trolling or just stupid

[Samix]

this make me cry..

personally i m poor :)and i m happy ..

[obocaman]

The king works a lot more than 12 hours a day, so the king is the hardest worker in your comparison.
Kids don't work in china, they go to school, just like in the west.
And the wealth is not as unbalanced as you think, and it is constantly getting more even, due to capitalism actually. This is my evidence, http://www.ted.com/talks/hans_rosling_shows_the_best_stats_you_ve_ever_seen

In the last 20 years the proportion of the world population living in extreme poverty has almost halved.
Here is an ignorance survey for USA http://www.gapminder.org/news/ignorance-survey-in-the-usa-2013/#.VAb8pWM4jIU
And here you can find the same thing for Sweden and Norway, pretty much the same results, http://www.gapminder.org/GapminderMedia/wp-uploads/Novus-Gapminder-Ignorance-Survey-SWE-NO-nov_dec_20131.pdf

not sure if trolling or just stupid

LOL at kings ever working. In what planet?

[Arriemoller]

If you guys seriously think that a head of state only works 8 hours a day and then relaxes for the rest of the time, you are seriously below the IQ median.
When you have evolved from Disney world to the real world we can start a serious debate.

[counter]

hi actually i m not a newbie but newbie in forum

people love rich and give all respect to them if rich wants they give them ther A** without any reason but the reason behind will be money..

the community only love rick why not poor ,,, poor deserve`s more respect ... poor have much more peace in them expect rich ...

if rich wants help everyone help them if poor wants no one help expect few people


please give me some predictions

Because our society is like a dysfunctional family in many ways.  Many those with obscene amounts of wealth believer they are or are seen by too many people as superior to others with less.  It's doesn't matter if they are dumb and immoral, what counts is how much wealth and power they have. 

Many People on the other end of the spectrum can't see past the glitz and glamor and fall for the illusion.  They will likely then will sellout for a chance to have a similar lifestyle.  I think most of us are guilty of this kind of behavior in one way or another and some more so then others.

[RodeoX]

It seems to me that if you respect people based on the money they have, you don't understand the value of anything. Some of the kindest, smartest people I know are poor. Well, money poor. I think they are rich beyond measure.

[wormbog]

Whether a person is rich or poor has no bearing on whether they deserve respect. The important question is: how did they get so rich or so poor?

Why do people tend to show more respect for the rich and less for the poor? It's because rich people have the power to help you if they like you, and to hurt you if they don't.

An example. I once had a client who was incredibly rich, a multi-billionaire. As I worked on her project I found that the person she had assigned to oversee the project on her behalf was an idiot and the project was doomed to failure. I decided to terminate her contract and walk away. After much thought I decided to refund all the money she had spent on the project. Even though I knew she could afford to lose that money I also knew that she could easily use the courts to sue me out of business if she felt insulted.

The poor show respect to the rich out of a combination of greed and fear.

[Nicolas Dorier]

It seems to me that if you respect people based on the money they have, you don't understand the value of anything. Some of the kindest, smartest people I know are poor. Well, money poor. I think they are rich beyond measure.

I do not object, except if this poor smart people have subsidies, in other word, a right to enforce by gov intervention to take money out of my pocket without my consent. (Well, I admit that rich are also good at getting subsidies, which I despise as much)
No matter how kind a person can be, if he lives on somebody else support without his consent (one example is getting subsidies), he is a scum. I will never compromise on that.

Whether a person is rich or poor has no bearing on whether they deserve respect. The important question is: how did they get so rich or so poor?

Yes, but in the case where you meet someone you don't know, and don't have any information about how he got the money, by default, you'll give more respect to the rich.
And that's normal, since I think that only a small fraction rich did it on the sacrifices of others. (ie without consent of the one who enriched him)

[LitecoinBoss]

Because that is what capitalism does (right or wrongly).  Money = you are worthy, no money = you are not worthy. 

Not just capitalism. People in the new world are now built with that kind of attitude

[DhaniBoy]

it is common in this world, the rich are always respected for his money owned, while the opposite is poor always ignored, as God's creatures, we should keep mutual respect between people, regardless of whether rich or poor, how its important role in society, and how much benefit can be given to the public, it was considered by God to his creatures, Hopefully we become useful for others ... 

[steelhouse]

You say "we" when you should say I.

I give much more respect to Mcdonalds workers than Robert Reich, school teachers, professors, or Barack Obama.  The Koch brothers never asked for anything from Robert Reich except stop the financial bullying..

[the joint]

First, there's nothing wrong with being rich.  Sure, a lot of wealthy people are born into wealth, but that usually speaks to the successes of their ancestors.

Second, not all rich people are necrssarily bad or selfish, even billionaires.  A lot of people don't understand that many wealthy people (e.g. CEO's) spent years and years working ridiculously long hours, sacrificing personal relationships and leisure activities to spur their careers.  Most of the time, profits are reinvested back into the pursuit of career growth and development, whether that means additional schooling or perhaps helping a business to grow.  If a surgeon can save lives that no one else can, he deserves the ~$300k/yr. he gets.  If a CEO creates a business that provides jobs to hundreds of people so they can provide for themselves and their families, he deserves to keep millions.

A lot of people who complain about the rich could very well pursue employment in high-paying fields.  If you enter into a low-paying field (like I did while pursuing employment in the social services industry) then you should know what you're getting yourself into.  If you want more money, get out your thinking cap and come up with a plan to make it happen.

[twiifm]

First, there's nothing wrong with being rich.  Sure, a lot of wealthy people are born into wealth, but that usually speaks to the successes of their ancestors.

Second, not all rich people are necrssarily bad or selfish, even billionaires.  A lot of people don't understand that many wealthy people (e.g. CEO's) spent years and years working ridiculously long hours, sacrificing personal relationships and leisure activities to spur their careers.  Most of the time, profits are reinvested back into the pursuit of career growth and development, whether that means additional schooling or perhaps helping a business to grow.  If a surgeon can save lives that no one else can, he deserves the ~$300k/yr. he gets.  If a CEO creates a business that provides jobs to hundreds of people so they can provide for themselves and their families, he deserves to keep millions.

A lot of people who complain about the rich could very well pursue employment in high-paying fields.  If you enter into a low-paying field (like I did while pursuing employment in the social services industry) then you should know what you're getting yourself into.  If you want more money, get out your thinking cap and come up with a plan to make it happen.

I agree that successful people deserve to be rich.  But the problem is inequality gap gets too big then entire economy suffers because the 1% cant do all the consumption.  You want a big middle class to do most of the consumption

[the joint]

First, there's nothing wrong with being rich.  Sure, a lot of wealthy people are born into wealth, but that usually speaks to the successes of their ancestors.

Second, not all rich people are necrssarily bad or selfish, even billionaires.  A lot of people don't understand that many wealthy people (e.g. CEO's) spent years and years working ridiculously long hours, sacrificing personal relationships and leisure activities to spur their careers.  Most of the time, profits are reinvested back into the pursuit of career growth and development, whether that means additional schooling or perhaps helping a business to grow.  If a surgeon can save lives that no one else can, he deserves the ~$300k/yr. he gets.  If a CEO creates a business that provides jobs to hundreds of people so they can provide for themselves and their families, he deserves to keep millions.

A lot of people who complain about the rich could very well pursue employment in high-paying fields.  If you enter into a low-paying field (like I did while pursuing employment in the social services industry) then you should know what you're getting yourself into.  If you want more money, get out your thinking cap and come up with a plan to make it happen.

I agree that successful people deserve to be rich.  But the problem is inequality gap gets too big then entire economy suffers because the 1% cant do all the consumption.  You want a big middle class to do most of the consumption

Yeah, but unfortunately that's more of a political/policy issue.  I'm sure rich CEO's wouldn't mind a large, affluent middle class if it means that people will be buying more of their goods and services.

[twiifm]

First, there's nothing wrong with being rich.  Sure, a lot of wealthy people are born into wealth, but that usually speaks to the successes of their ancestors.

Second, not all rich people are necrssarily bad or selfish, even billionaires.  A lot of people don't understand that many wealthy people (e.g. CEO's) spent years and years working ridiculously long hours, sacrificing personal relationships and leisure activities to spur their careers.  Most of the time, profits are reinvested back into the pursuit of career growth and development, whether that means additional schooling or perhaps helping a business to grow.  If a surgeon can save lives that no one else can, he deserves the ~$300k/yr. he gets.  If a CEO creates a business that provides jobs to hundreds of people so they can provide for themselves and their families, he deserves to keep millions.

A lot of people who complain about the rich could very well pursue employment in high-paying fields.  If you enter into a low-paying field (like I did while pursuing employment in the social services industry) then you should know what you're getting yourself into.  If you want more money, get out your thinking cap and come up with a plan to make it happen.

I agree that successful people deserve to be rich.  But the problem is inequality gap gets too big then entire economy suffers because the 1% cant do all the consumption.  You want a big middle class to do most of the consumption

Yeah, but unfortunately that's more of a political/policy issue.  I'm sure rich CEO's wouldn't mind a large, affluent middle class if it means that people will be buying more of their goods and services.

That's right its a policy issue rather than banking issue.  There are few theories to why this happen.

1.  Tax policy.  Capital gains is capped at 15% and ordinary income is progressive.  

2.  Deregulation from the 80's led to CEO compensation to take the form of stock options.  lt follows that most of their income is taxed as capital gains rather than ordinary income

3.  Globalization forced companies to reduce salaries or outsource jobs.  This multiplied the effect of inequality gap

But there is a finance component to it as well because when asset prices outpace inflation the asset holders have more to gain.  This also contributes to greater inequality gap

[master-P]

First, there's nothing wrong with being rich.  Sure, a lot of wealthy people are born into wealth, but that usually speaks to the successes of their ancestors.

Second, not all rich people are necrssarily bad or selfish, even billionaires.  A lot of people don't understand that many wealthy people (e.g. CEO's) spent years and years working ridiculously long hours, sacrificing personal relationships and leisure activities to spur their careers.  Most of the time, profits are reinvested back into the pursuit of career growth and development, whether that means additional schooling or perhaps helping a business to grow.  If a surgeon can save lives that no one else can, he deserves the ~$300k/yr. he gets.  If a CEO creates a business that provides jobs to hundreds of people so they can provide for themselves and their families, he deserves to keep millions.

A lot of people who complain about the rich could very well pursue employment in high-paying fields.  If you enter into a low-paying field (like I did while pursuing employment in the social services industry) then you should know what you're getting yourself into.  If you want more money, get out your thinking cap and come up with a plan to make it happen.

I agree that successful people deserve to be rich.  But the problem is inequality gap gets too big then entire economy suffers because the 1% cant do all the consumption.  You want a big middle class to do most of the consumption

Since the rich make most of their money from investments, when the gap gets to be too large, profits will suffer, and investments will follow, and as a result the gap will decrease.