Home > Uncategorized > Oxfam report on the rich-poor divide

Oxfam report on the rich-poor divide

  1. April 28, 2018 at 3:31 pm

    One thing we know about billionaires: they don’t much worry about how well others are doing or else they would remedy the situation. Is that called psychopathology or the behavioural dysfunction in social disorganization? https://www.merriam-webster.com/dictionary/psychopathology

    • Benjamin Morgentau
      April 29, 2018 at 6:14 am

      The subject is well understood i believe and one if them is named the dark triade. I paste the first few lines from a wikipedia entry here…

      “The dark triad is a subject in psychology that focuses on three personality traits: narcissism, Machiavellianism, and psychopathy.Use of the term “dark” implies that people possessing these traits have malevolent qualities.

      Research on the dark triad is used in applied psychology, especially within the fields of law enforcement, clinical psychology, and business management. People scoring high on these traits are more likely to commit crimes, cause social distress and create severe problems for an organization, especially if they are in leadership positions (for more information, see psychopathy, narcissism, and Machiavellianism in the workplace).

      All three dark triad traits are conceptually distinct although empirical evidence shows them to be overlapping. They are associated with a callous-manipulative interpersonal style.

      Narcissism is characterized by grandiosity, pride, egotism, and a lack of empathy.
      Machiavellianism is characterized by manipulation and exploitation of others, a cynical disregard for morality, and a focus on self-interest and deception.
      Psychopathy is characterized by continuing antisocial behavior, impulsivity, selfishness, callousness, and remorselessness.”

  2. May 13, 2018 at 12:36 pm

    Humans create traditions/fictions to explain the world and their actions in it. Often using these to justify their actions. Rich and powerful humans have put a great deal of effort into creating the cultures that explain, justify, and even defend their power and wealth, relative to humans who not rich or powerful. A few examples – divine right, meritocratic, the strongest, natural leaders, liberalism, protecting society, etc. Of course, none of these works unless both those who are and who are not rich and/or powerful believe them and live them. Since these are human creations, humans can also destroy them. How can this happen? For example, the rich/powerful may abuse the situation and those outside it until anger creates a revolution, bloodshed, death, etc. Think the French Revolution. Professional critics (e.g., academics) may undermine the mythology. The mythology may become irrelevant in differentiating between good/bad, useful/useless. Countering factors may disrupt the mythology. Psychopathology has already been mentioned, here. The mythologies may become too inflexible; unable to effectively deal with change. The current mythologies supporting the divisions on wealth and power are elaborate and multilayered, centered around markets, competition, and automatic devices to preserve society. But they are now under great and continuing pressure. How long they will last is difficult to say, but they are near collapse. Should economists help that collapse?

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