If Trump didnt have a dollar to his name, he’d still be a narcissistic, hate-filled, delusional asshole. He’d be exactly like his supporters. Nothing bad is ever their fault, everyone else is out to get them, and the world doesn’t recognize their obvious genius.
Money doesnt usually change people. Assholes are assholes, whether poor or rich.
I dunno. I married into a wealthy family (minus my husband) and it seems to me like the condition of always getting to do whatever you want and always being the center of attention has resulted in some really messed up narcissistic personalities. I don’t think they were born that way, I think they were raised that way. And they wouldn’t have had unfettered access to everything if they didn’t have money.
SBF was ostensibly an effective altruist who founded FTX because he wanted to give a bunch of money away. But the richer and more famous he got, the more it became about his ego and the more he was willing to do shady things to hang on to what he had. When he first got caught, I don’t think he really understood what deep shit he was in, because money can make you feel like you’re invincible.
Maybe if you have a background of poverty like me, you don’t believe that. We are doing okay, really better than I had hoped when I pictured my future as a child, but I don’t ever really feel financially secure, and I feel like everything is tenuous. So I don’t think it applies to everyone. But I do think it is a special form of delusion associated with being rich.
You dont need millions of dollars to create narcissistic asshole kids. The Republican base is filled with people identical to Trump without even a shred of his money.
Agreed, but I think what @Spice_Weasel was getting at is being rich and mostly unaccountable your whole life can plant very fertile seeds for that sort of behavior. Not trying to speak for her, but that is the way I interpreted that post.
Oh. I took it much more that money, especially a lot of it, changes people. It certainly may do it to some, but in my experience if you give a ton of money to anasshole, they stay an asshole. If you give a ton of money to a good person, they stay a good person.
This was always a way of deluding themselves into thinking it was a good thing to accumulate more wealth, i.e. “if I make more money, I can give more away”. But it turned out to always have been a thin rationalization. Much of the ‘charity’ went to political donations and was never a significant fraction of the money they made. It was all basically “Greed is Good” for the current generation.
Sure, with extreme wealth comes some insulation from reality. And that may be what you are seeing. When you are not wealthy or don’t have status, you are forced into acting like a civilized person or else risk being ostracized from polite society.
Wealth does not change people, it merely removes the need to self-censor to avoid ostracization. This was never an especially altruistic person to begin with. SBF was always a self-rationalizing asshat. The altruism bit merely provided some additional cover and enabled him to recruit others who allowed themselves to buy into the rationalizations and make their own.
I think it can change people, though it doesn’t necessarily do so. An acquaintance of mine who wasn’t raised with money but came into quite a bit through an inheritance in her twenties (a grandparent), referred to it as the ‘casual entitlement of the wealthy’. She noticed it in herself a couple of years down the road and said she had to try and learn to check herself against flying into a minor snit at yet even more minor roadblocks in life. She got used to having her way and when balked found it suddenly easy to become thoughtlessly rude or unreasonably frustrated in the moment.
She wasn’t an asshole because she was self-reflective about it. But she thought it was much easier to fall into an assholish pattern when you live in a bubble, even if you didn’t start out as one.
Alameda also donated $5 million dollars plus to “charity” Guarding Against Pandemics. Oh. Did I forget to mention said charity was a PAC run by his brother.
And, for the record, Effective Altruism was aware of what a duplicitous, evil, incompetent leader SBF was well before any criminal investigations started and they did nothing.
That’s good to know. I don’t know if I disagree with the idea of effective altruism in principle, but it seems like it makes it all too easy to justify pretty much anything in the name of making more money. No matter how much you make, if you made a little more that would be more people to help, and if this business goes under, why think of all the suffering from people who didn’t get the money! We should do anything possible to prevent that, including sketchy and illegal things. Seems to me it gets very self-serving very quickly.
The more I read about it, though, the more I think SBF was just a con artist.