Animosity towards the rich

[Deleted]

Most rich people are greedy and tight with their money.

[Laize]

Most rich people are greedy and tight with their money.

People don't get rich by buying palaces. They only buy those after their price is trivial.

[dd614]

Lazy communist-wannabes who blame their own failures on those more successful than them. That's where the hate for the rich comes from.

[Deleted]

No need to hate the CEO's, their money isn't worth anything... hence why they ALWAYS think they NEED more... they dont NEED anything!~

[Dezerte]

I think it's the notion that some rich people believe themselves to be entitled/deserving to their wealth. And in a way, they're correct, but then we probably have very different definitions of those words. They take these large bonuses & salaries because they can. It has nothing to do with 'deserving', but it's not like it's my decision anyway of who's deserving since it's usually up to the CEO and/or the relevant board. But I can still see the vast income inequality as a problem (especially in the US), but that doesn't mean I want to strip rich people down to everyone's else level. I understand the need for money to serve as an incentive, I just think it's far too large in some cases (and I know there are studies around this issue, where the data showed that money only goes so far)

[Reg]

It is your money if you buy their products or services. That's one place where capitalism has broken down lately is that people are reluctant to spend the extra 10 cents for the roll of toilet paper made by the guy who doesn't pay his workers in peanuts.

If people want higher salaries, local jobs and equitable business practises they need to start asking those questions about the products they buy when they go shopping.

So which toilet paper should I buy?

What you are describing isn't capitalism, so maybe that's why you think it's a breakdown.

[Gheld]

I think it's the notion that some rich people believe themselves to be entitled/deserving to their wealth. And in a way, they're correct, but then we probably have very different definitions of those words. They take these large bonuses & salaries because they can. It has nothing to do with 'deserving', but it's not like it's my decision anyway of who's deserving since it's usually up to the CEO and/or the relevant board. But I can still see the vast income inequality as a problem (especially in the US), but that doesn't mean I want to strip rich people down to everyone's else level. I understand the need for money to serve as an incentive, I just think it's far too large in some cases (and I know there are studies around this issue, where the data showed that money only goes so far)

Then stop buying products from companies with a huge income gap.

Talk is cheap. "I want local jobs but this made in China shirt 5 bucks cheaper."

Congratulations you just voted for outsourcing.

[wowsucks]

Whose money is this, why do you want it? Or rather, why do you not want him to have the money he's worked for? Is it a lot of money? Yes it is, but how does it actually affect you?

First of all i'm perfectly fine with some talented hard-working individuals making x1000 more money than an average person. But to answer your question, it does affect us all, because the amount of money is limited, it could be someone else's money, yours for example, so its going literally from your pocket to the pocket of super-rich, again not that i'm against it.

[S7orm]

when people don't understand what someone's work is about and how they can gat such high salaries, envy prevales. Must be a genetic trait present in almost evey person

we need a psychiatrist, an evolutionary biologist and an economist; and probably we'd come up with nothing more than a bad joke about them entering in a bar

[zerocoolhack]

People don't have real animosity towards the rich. It's simple and I don't know why it has to keep being explained, people hate the income gap. The US economy is the strongest when the middle and low class have more money. If we continue on this path of ceo's making hundreds of times more then their regular employees we are going head first into a depression.

[Deleted]

A history of being taken advantage of by equal parts Government and Industry generally means people are going to be distrustful of anyone who's rich.

This ^

Most people get rich by using other less well paid people. Not to mention a fair amount of the rich do various dirty things to avoid paying taxes.

[Themius]

This ^

Most people get rich by using other less well paid people. Not to mention a fair amount of the rich do various dirty things to avoid paying taxes.

When I was at my height of being busy I had an assistant that I paid 10/hr, she made me much more than I paid her, am I such a bad person? Once I cut down my hours and wasn't busy and didn't need an assistant she was also fired.

[Mihalik]

The hatred towards the rich is trumped up socialist tripe to try to get people to push for wealth redistribution. People who make more money then you usually worked harder then you to make that money. That's the way free markets and capitalism work. Really I don't think as many people are 'mad' at the rich as the media and some kids on the internet make out to be. I personally hold no ill will towards someone who is better off then me because my life is the way it is because I made it so. If people took responsibility for the life they live instead of hating on someone who is 'better off' they would find their life is more enriching. If you want to be rich then go be rich, opportunities exist, you just have to work at it. And in todays world of hand outs people don't feel like they should have to work, they feel entitled to something that isn't theirs.

I don't feel any animosity towards the rich.

I feel anymosity towards people who earn money they dont deserve.

Bank CEO's who get millions on bonuses and retirement packages when their stockholders are losing money and the governament is bailing the banks out. That is my issue.

Essentially if you are missmanaging the company, you dont deserve any benefits. Actually you deserve to lose your job with no severance or atleast get a pay cut.

Other thing I dislike is tax evasion. (Or creative use of game mechanics in gamers terms.) Fact is very often high earners go to great lenghts to evade on taxes. Thats something I dislike.

[Deleted]

Ive got nothing against success and being rich, innovation and working hard should be rewarded and it improves the lives of many by creating new jobs and all that, however when their greed and decisions start to affect negatively into thousands or more other peoples lives, especially when its not that necessary, thats where I draw the line. And dont pretend ruthless crooks dont exist, thats seek max profit no matter the cost or tax evasions. Or are you telling us we cant be mad at the people who deserve it and ask for some justice, its all just because "were jealous"?

[Dezerte]

Then stop buying products from companies with a huge income gap.

Talk is cheap. "I want local jobs but this made in China shirt 5 bucks cheaper."

Congratulations you just voted for outsourcing.

No need to restrict myself like that, I'll both learn and teach consumer awareness by partaking in discussions and whatnot.

(And not all problems of capitalism can be solved like this, in which case it's much easier to pass laws to protect us and 'humanize' capitalism)

[Badpaladin]

When I was at my height of being busy I had an assistant that I paid 10/hr, she made me much more than I paid her, am I such a bad person? Once I cut down my hours and wasn't busy and didn't need an assistant she was also fired.

10/hr is a fair wage for a low skill position designed to eliminate busywork.

An example of the assistant being taken advantage of would be if she was fired due to claims of financial burdening, when those claims were false.

[Deleted]

Theres the old stereotype (which is bullshit) that all CEO's do all day is make a few phone calls then play golf, I guess people just get jealous.

To me it's not that, it's when companies give bonuses to CEOs at the same time that they announce bad profit reports and lay off employees.
Put rampant corporate tax evation on top of that and I'm not surprised people are frustrated by these sort of news.
Not that this has anything to do with Blizzard or their leadership, I'm not aware of their details, just going by what happens domestically.

[Durandro]

'We' don't hate rich people. 'We' hate rich assholes.

Notice the difference?

'We' don't hate Bill Gates, for the most part. Why? Because he gives huge amounts to charity, pays his taxes and has a relatively humble image, not to mention we know he worked hard to get Microsoft going (even if there are serious doubts about whether or not he developed the original OS or stole it).

If you can't see the difference, then that's your problem. But 'we' are certainly not jealous. If anything the people defending the rich are the ones with envy - you want to be rich, therefore you justify the people you wish you were but never can be. Its a very weird form of hero worship.

If I was rich I'd do what I do now - give as much as I can to charity, pay my way fairly and enjoy a few luxuries when I can afford it. And I'd certainly not shit over anyone beneith me, just like I don't shit all over homeless people now. You want to know why? Because I'm not an asshole.

[xChurch]

Only thing I dislike about the rich is the fact they don't pay their fair share of taxes like middle/low class people. When a CEO pays less in taxes than his/her assistant something is seriously wrong. I believe one of the big reasons for any hate of rich people is due to the banks and the fact they've become to big to fail. It's been kind of disturbing to see what happened when the major financial institutions failed only for the Government to step in and save them. If America was a true capitalistic society those banks would have failed the test and should have been left to fall apart, because that is how the free market works.

[sandmoth12]

Personally, I don't see any reason why any individual needs to make more than 300,000.00 profit annually.