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	<title>Comments on: The Guilt of Wealth</title>
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	<link>http://www.getrichslowly.org/blog/2009/10/10/the-guilt-of-wealth/</link>
	<description>Common sense advice on money saving tips, how to get out of debt, high interest savings accounts, cd rates, money market accounts, mortgage rates, money management and more.</description>
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		<title>By: Jason</title>
		<link>http://www.getrichslowly.org/blog/2009/10/10/the-guilt-of-wealth/comment-page-4/#comment-2986852</link>
		<dc:creator>Jason</dc:creator>
		<pubDate>Tue, 11 Sep 2012 17:53:56 +0000</pubDate>
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		<description>I am lucky enough to have been raised by parents who instilled a strong work ethic in their children.  I worked 70+ hours a week all through my 20&#039;s while my friends were throwing their money away at the bar or leasing fancy SUV&#039;s.  My wife also works full-time and we have been fortunate enough to land careers that place us comfortably in the middle to upper middle class.  We do not feel guilty at all because we know nothing was handed to us.  To be honest, once we started a family, I now only work an average of 50 hours a week and feel guilty that I am not working as hard as I used to.  I know that no matter how much wealth we accumulate, we will never be the types with fancy cars or country club memberships.  We are thrifty and do not have all the latest gadgets and toys.  We live in an affluent part of the country and are surrounded by millionaires flaunting their wealth.  I guess my lack of guilt is because I know that if I am ever fortunate enough to amass enough disposable wealth to buy a mercedes benz or exotic vacation home, I never would.  I&#039;d rather give my money away or start a business that provides others with a job and am working to be able to do that someday.</description>
		<content:encoded><![CDATA[<p>I am lucky enough to have been raised by parents who instilled a strong work ethic in their children.  I worked 70+ hours a week all through my 20&#8242;s while my friends were throwing their money away at the bar or leasing fancy SUV&#8217;s.  My wife also works full-time and we have been fortunate enough to land careers that place us comfortably in the middle to upper middle class.  We do not feel guilty at all because we know nothing was handed to us.  To be honest, once we started a family, I now only work an average of 50 hours a week and feel guilty that I am not working as hard as I used to.  I know that no matter how much wealth we accumulate, we will never be the types with fancy cars or country club memberships.  We are thrifty and do not have all the latest gadgets and toys.  We live in an affluent part of the country and are surrounded by millionaires flaunting their wealth.  I guess my lack of guilt is because I know that if I am ever fortunate enough to amass enough disposable wealth to buy a mercedes benz or exotic vacation home, I never would.  I&#8217;d rather give my money away or start a business that provides others with a job and am working to be able to do that someday.</p>
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		<title>By: Canaan</title>
		<link>http://www.getrichslowly.org/blog/2009/10/10/the-guilt-of-wealth/comment-page-4/#comment-2921382</link>
		<dc:creator>Canaan</dc:creator>
		<pubDate>Wed, 08 Aug 2012 03:10:29 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=6692#comment-2921382</guid>
		<description>I was raised by very frugal parents on a farm.  I entered the workforce at 20 (1980)and now 32 years later, I feel like I&#039;ve worked hard, but know that I mis-managed my money at times.  I furthered my education, switched careers when economiuc conditions demanded it, paid for a house and generally got along, but I also spent money foolishly on useless things.  When my father died I received some money that paid off the remainder of my mortgage.  I felt guilty, but overtime I also committed to cleaning up my financial act and have adopted a much more frugal lifestyle where I am very conscious about what I spend and on what.  Recently, my immediate family sold the family farm and we each received a substantial sum money and now I am confused by the amount of guilt I feel about being financially secure.  I am relieved and extremely grateful, but I am also feeling awkward as if all the work I did in the past is now undermined by receiving money.  I am also somewhat depressed and anxious.  I have enjoyed reading these posts and have got some good ideas about values - I have always thought about setting up a scholarship fund and I am thinking about how to achieve better balance in my life and giving back to the community, something I never really did in the past except through financial contributions when I could afford it.  I feel somewhat off kilter about the future and will now be more aware about self-destructive behaviors that could manifest.</description>
		<content:encoded><![CDATA[<p>I was raised by very frugal parents on a farm.  I entered the workforce at 20 (1980)and now 32 years later, I feel like I&#8217;ve worked hard, but know that I mis-managed my money at times.  I furthered my education, switched careers when economiuc conditions demanded it, paid for a house and generally got along, but I also spent money foolishly on useless things.  When my father died I received some money that paid off the remainder of my mortgage.  I felt guilty, but overtime I also committed to cleaning up my financial act and have adopted a much more frugal lifestyle where I am very conscious about what I spend and on what.  Recently, my immediate family sold the family farm and we each received a substantial sum money and now I am confused by the amount of guilt I feel about being financially secure.  I am relieved and extremely grateful, but I am also feeling awkward as if all the work I did in the past is now undermined by receiving money.  I am also somewhat depressed and anxious.  I have enjoyed reading these posts and have got some good ideas about values &#8211; I have always thought about setting up a scholarship fund and I am thinking about how to achieve better balance in my life and giving back to the community, something I never really did in the past except through financial contributions when I could afford it.  I feel somewhat off kilter about the future and will now be more aware about self-destructive behaviors that could manifest.</p>
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		<title>By: Justin</title>
		<link>http://www.getrichslowly.org/blog/2009/10/10/the-guilt-of-wealth/comment-page-4/#comment-254731</link>
		<dc:creator>Justin</dc:creator>
		<pubDate>Fri, 19 Feb 2010 22:29:54 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=6692#comment-254731</guid>
		<description>@Jennifer[161]:

So you feel guilty, because your father put in the breaking work of creating a business that has made him wealthy? And by breaking, I mean many things. For every successful business, there are a magnitude more that fail. It is a financially risky proposition, as well as a personally psychological and sometimes physical challenge. But people take the risk and stress anyway, because they might end up like your father, and be able to bear the rewards. That business was not magically created, and the money it brings in was not stolen. It was given, by the willful exchange of people for whatever goods or services your father&#039;s business offers. For that, there is absolutely nothing to feel guilty about.

Also, your comments make it sound like you and your father need to have some pow-wow time about the future of the company, and your place (or lack thereof) in it.

@Michael Crosby[162]:

And giving all the poor a million dollars would do nothing other than cause inflation to the point where being a millionaire is considered poor.</description>
		<content:encoded><![CDATA[<p>@Jennifer[161]:</p>
<p>So you feel guilty, because your father put in the breaking work of creating a business that has made him wealthy? And by breaking, I mean many things. For every successful business, there are a magnitude more that fail. It is a financially risky proposition, as well as a personally psychological and sometimes physical challenge. But people take the risk and stress anyway, because they might end up like your father, and be able to bear the rewards. That business was not magically created, and the money it brings in was not stolen. It was given, by the willful exchange of people for whatever goods or services your father&#8217;s business offers. For that, there is absolutely nothing to feel guilty about.</p>
<p>Also, your comments make it sound like you and your father need to have some pow-wow time about the future of the company, and your place (or lack thereof) in it.</p>
<p>@Michael Crosby[162]:</p>
<p>And giving all the poor a million dollars would do nothing other than cause inflation to the point where being a millionaire is considered poor.</p>
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		<title>By: Michael Crosby</title>
		<link>http://www.getrichslowly.org/blog/2009/10/10/the-guilt-of-wealth/comment-page-4/#comment-252931</link>
		<dc:creator>Michael Crosby</dc:creator>
		<pubDate>Fri, 19 Feb 2010 14:05:23 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=6692#comment-252931</guid>
		<description>Wow! I just linked back to this post and the comments are wonderful to read. The post is good, but what makes this blogging thing so fantastic is the shared experiences. That alone is an embarrassment of riches. I wish my mom and sister would get on the internet, but they refuse, to their own detriment.

As far as feeling guilty. Mea culpa. I&#039;m not rich money wise, but I know I&#039;m rich, if that makes sense. Certainly I have money, but my richness is derived from gratitude. Gratitude for the sun, the air we breathe, my family, and especially the commenters on this board:-) I wonder if I were to become poor (materially) would I not be happy?

I have a few rich relatives. I guess there is some envy there, but I&#039;m surprised at how unhappy one of them is. So the rich I don&#039;t feel a lack, but with the poor, I wish I could give them all a million dollars. (Though I don&#039;t have that:-)</description>
		<content:encoded><![CDATA[<p>Wow! I just linked back to this post and the comments are wonderful to read. The post is good, but what makes this blogging thing so fantastic is the shared experiences. That alone is an embarrassment of riches. I wish my mom and sister would get on the internet, but they refuse, to their own detriment.</p>
<p>As far as feeling guilty. Mea culpa. I&#8217;m not rich money wise, but I know I&#8217;m rich, if that makes sense. Certainly I have money, but my richness is derived from gratitude. Gratitude for the sun, the air we breathe, my family, and especially the commenters on this board:-) I wonder if I were to become poor (materially) would I not be happy?</p>
<p>I have a few rich relatives. I guess there is some envy there, but I&#8217;m surprised at how unhappy one of them is. So the rich I don&#8217;t feel a lack, but with the poor, I wish I could give them all a million dollars. (Though I don&#8217;t have that:-)</p>
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		<title>By: Jennifer</title>
		<link>http://www.getrichslowly.org/blog/2009/10/10/the-guilt-of-wealth/comment-page-4/#comment-233761</link>
		<dc:creator>Jennifer</dc:creator>
		<pubDate>Tue, 09 Feb 2010 16:20:35 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=6692#comment-233761</guid>
		<description>My mother is a hard working class woman, my father is a lot wealthier. I was raised by my mother, in a modest home that wasn&#039;t extravagant, although comfortable. I grew up listening to a lot of punk rock, ended up focusing my education on the labor movement and labor industry. I hadn&#039;t thought of myself as impoverished or rich, simply fortunate and comfortable. After I graduated from college my father recruited me to help him manage his business and property. I had never imagined I&#039;d really inherit all of what he built and actually have to be a business person. I have buried a seed with in me to be more inclined to despise business and money transactions. Recently, we&#039;ve spoken of what I will be responsible for... I have always felt uncomfortable by my fathers wealth and have hidden it from friends. I have heard things like &quot;well I didn&#039;t have daddy to help me,&quot; and &quot;some of our parents still have to work.&quot; I don&#039;t feel I have a right to defend the working class or participate in casual conversations about the cost of living, although I have not inherited the wealth yet. I have always had friends with financial problems and it was always very real for them and so I always did what I could to help. I give, I do not loan. I work and study and try to help the ones I love as much as I can. Sometimes I even feel like this was given to me just so that I could eventually give them the life they deserve and the luxury of new cars, A+ health care and unlimited air conditioning during the summer. 

JD, although I did not work for my money, there were many things you said that I immediately related to. Thank you for sharing that with me. I have been guilt ridden all my life and it tears me to pieces.</description>
		<content:encoded><![CDATA[<p>My mother is a hard working class woman, my father is a lot wealthier. I was raised by my mother, in a modest home that wasn&#8217;t extravagant, although comfortable. I grew up listening to a lot of punk rock, ended up focusing my education on the labor movement and labor industry. I hadn&#8217;t thought of myself as impoverished or rich, simply fortunate and comfortable. After I graduated from college my father recruited me to help him manage his business and property. I had never imagined I&#8217;d really inherit all of what he built and actually have to be a business person. I have buried a seed with in me to be more inclined to despise business and money transactions. Recently, we&#8217;ve spoken of what I will be responsible for&#8230; I have always felt uncomfortable by my fathers wealth and have hidden it from friends. I have heard things like &#8220;well I didn&#8217;t have daddy to help me,&#8221; and &#8220;some of our parents still have to work.&#8221; I don&#8217;t feel I have a right to defend the working class or participate in casual conversations about the cost of living, although I have not inherited the wealth yet. I have always had friends with financial problems and it was always very real for them and so I always did what I could to help. I give, I do not loan. I work and study and try to help the ones I love as much as I can. Sometimes I even feel like this was given to me just so that I could eventually give them the life they deserve and the luxury of new cars, A+ health care and unlimited air conditioning during the summer. </p>
<p>JD, although I did not work for my money, there were many things you said that I immediately related to. Thank you for sharing that with me. I have been guilt ridden all my life and it tears me to pieces.</p>
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		<title>By: Kelly</title>
		<link>http://www.getrichslowly.org/blog/2009/10/10/the-guilt-of-wealth/comment-page-4/#comment-206403</link>
		<dc:creator>Kelly</dc:creator>
		<pubDate>Mon, 09 Nov 2009 07:40:45 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=6692#comment-206403</guid>
		<description>This year, I paid off my house and started saving properly.  I&#039;m 31 so consider myself very well off... and yes, with that comes guilt.

My brother has made so many poor financial decisions.  So out of guilt, I loaned him $65K AND let his entire family move in with me, rent-free.  He subsequently quit his job and is doing nothing. 

Now I feel like I&#039;ve been taken advantage of, and it was my guilt that put me in this position!</description>
		<content:encoded><![CDATA[<p>This year, I paid off my house and started saving properly.  I&#8217;m 31 so consider myself very well off&#8230; and yes, with that comes guilt.</p>
<p>My brother has made so many poor financial decisions.  So out of guilt, I loaned him $65K AND let his entire family move in with me, rent-free.  He subsequently quit his job and is doing nothing. </p>
<p>Now I feel like I&#8217;ve been taken advantage of, and it was my guilt that put me in this position!</p>
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		<title>By: Amy</title>
		<link>http://www.getrichslowly.org/blog/2009/10/10/the-guilt-of-wealth/comment-page-4/#comment-205659</link>
		<dc:creator>Amy</dc:creator>
		<pubDate>Wed, 04 Nov 2009 22:09:21 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=6692#comment-205659</guid>
		<description>WilliamB,

If we are to determine what one ought to feel guilty about, we should determine the root and the ultimate purpose of the emotion. From my perspective, the purpose of guilt is to motivate a person to try to change behavior in the future.

So if a person is successful because of privilege, what useful purpose does guilt have? You don&#039;t want to encourage yourself NOT to read, or not to give your own children opportunities that other children don&#039;t have (like, for example, the opportunity of having good parents!). And truthfully, defining what &quot;privilege&quot; really means, and how much that &quot;privilege&quot; has lead to success rather than hard work or luck is very tough. 

It&#039;s good to recognize and try to correct for inequities, especially when they exist because of some kind of privilege rather than hard work, but guilt is the wrong emotion. Most people who get where they&#039;re going with a combination of many factors, and telling those people that they should feel guilty about what privilege may have contributed to their success is putting blame in the wrong place. Instead we should all focus on making society better so that more and more people have access to privileges that help people become more productive (like books and college), and so that things that do not directly contribute to productiveness are no longer treated as privilege (like the color of one&#039;s skin).</description>
		<content:encoded><![CDATA[<p>WilliamB,</p>
<p>If we are to determine what one ought to feel guilty about, we should determine the root and the ultimate purpose of the emotion. From my perspective, the purpose of guilt is to motivate a person to try to change behavior in the future.</p>
<p>So if a person is successful because of privilege, what useful purpose does guilt have? You don&#8217;t want to encourage yourself NOT to read, or not to give your own children opportunities that other children don&#8217;t have (like, for example, the opportunity of having good parents!). And truthfully, defining what &#8220;privilege&#8221; really means, and how much that &#8220;privilege&#8221; has lead to success rather than hard work or luck is very tough. </p>
<p>It&#8217;s good to recognize and try to correct for inequities, especially when they exist because of some kind of privilege rather than hard work, but guilt is the wrong emotion. Most people who get where they&#8217;re going with a combination of many factors, and telling those people that they should feel guilty about what privilege may have contributed to their success is putting blame in the wrong place. Instead we should all focus on making society better so that more and more people have access to privileges that help people become more productive (like books and college), and so that things that do not directly contribute to productiveness are no longer treated as privilege (like the color of one&#8217;s skin).</p>
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		<title>By: WilliamB</title>
		<link>http://www.getrichslowly.org/blog/2009/10/10/the-guilt-of-wealth/comment-page-4/#comment-205111</link>
		<dc:creator>WilliamB</dc:creator>
		<pubDate>Mon, 02 Nov 2009 18:43:34 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=6692#comment-205111</guid>
		<description>Before I decided to post I read every single comment, to see if anyone&#039;s made this point and to get a sense of the community on the subject of guilt.  There will be readers who disagree with my examples and I&#039;m very interested to hear reasons and other examples.  There will probably be readers who disagree with the entire concept, in which case I hope to read why.

I think one source of wealth is worthy of feeling guilty about, another is not.

The first is privilege.  Privilege here is defined as something that benefits you, that you don&#039;t have as a result of your own efforts.  Morrison #84&#039;s example of brown hair is one case.  If brown hair is a tremendous benefit in getting wealth, then it&#039;s a privilege and not an earned item.  Examples of wealth-inducing privilege in US society include well-educated parents, being white, growing up in a house full of books, being offered test prep classes, not having to work during the school year.  I think this is what tosajen #46 means when ze talks about winning the birth lottery.  Since we didn&#039;t do anything to earn these benefits, they&#039;re worth feeling guilty over.

Things that benefit you that come from your work, are earned and not something to be guilty over.  Some examples include learning from the good role models around you, making good financial decisions, working hard at what you do no matter what level you start at.  If having brown hair were an advantage I guess dying your hair would count as well.

People&#039;s condition is a mix of privilege and work.  People without privilege can work hard and do well, people with privilege can waste it entirely.  But it&#039;s easier to do well if you have a better starting position.  

In my perfect world we&#039;d all have the same starting position; our finishing position would depend on what we do after that.</description>
		<content:encoded><![CDATA[<p>Before I decided to post I read every single comment, to see if anyone&#8217;s made this point and to get a sense of the community on the subject of guilt.  There will be readers who disagree with my examples and I&#8217;m very interested to hear reasons and other examples.  There will probably be readers who disagree with the entire concept, in which case I hope to read why.</p>
<p>I think one source of wealth is worthy of feeling guilty about, another is not.</p>
<p>The first is privilege.  Privilege here is defined as something that benefits you, that you don&#8217;t have as a result of your own efforts.  Morrison #84&#8242;s example of brown hair is one case.  If brown hair is a tremendous benefit in getting wealth, then it&#8217;s a privilege and not an earned item.  Examples of wealth-inducing privilege in US society include well-educated parents, being white, growing up in a house full of books, being offered test prep classes, not having to work during the school year.  I think this is what tosajen #46 means when ze talks about winning the birth lottery.  Since we didn&#8217;t do anything to earn these benefits, they&#8217;re worth feeling guilty over.</p>
<p>Things that benefit you that come from your work, are earned and not something to be guilty over.  Some examples include learning from the good role models around you, making good financial decisions, working hard at what you do no matter what level you start at.  If having brown hair were an advantage I guess dying your hair would count as well.</p>
<p>People&#8217;s condition is a mix of privilege and work.  People without privilege can work hard and do well, people with privilege can waste it entirely.  But it&#8217;s easier to do well if you have a better starting position.  </p>
<p>In my perfect world we&#8217;d all have the same starting position; our finishing position would depend on what we do after that.</p>
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		<title>By: Matthew McDonald</title>
		<link>http://www.getrichslowly.org/blog/2009/10/10/the-guilt-of-wealth/comment-page-4/#comment-203397</link>
		<dc:creator>Matthew McDonald</dc:creator>
		<pubDate>Fri, 23 Oct 2009 19:01:34 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=6692#comment-203397</guid>
		<description>Money is a hammer.  That is, a tool.  Use it well whether you have a little or a lot.  As I see it, that means *work* and *build*.  The one time in my life that we had money, we re-invested in our home-based business and helped the folks working for us to set up and build their own small business.  Even though illness took us down, some of those other small businesses survive to this day.

Do not feel guilty about the tools you have.  Instead, use them to build...to the best of your ability.</description>
		<content:encoded><![CDATA[<p>Money is a hammer.  That is, a tool.  Use it well whether you have a little or a lot.  As I see it, that means *work* and *build*.  The one time in my life that we had money, we re-invested in our home-based business and helped the folks working for us to set up and build their own small business.  Even though illness took us down, some of those other small businesses survive to this day.</p>
<p>Do not feel guilty about the tools you have.  Instead, use them to build&#8230;to the best of your ability.</p>
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		<title>By: Matt@Self Improvement Resources</title>
		<link>http://www.getrichslowly.org/blog/2009/10/10/the-guilt-of-wealth/comment-page-4/#comment-202771</link>
		<dc:creator>Matt@Self Improvement Resources</dc:creator>
		<pubDate>Tue, 20 Oct 2009 01:48:27 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=6692#comment-202771</guid>
		<description>I think that the guilt you feel is a beautiful thing.  Some of that guilt (I speculate) may come from the fact that you are teaching people about how to be frugal on this site... while at the same time splurging a little bit more.  You will eventually get used to being able to afford some of the &quot;finer&quot; things.  But you can use that to keep you from going overboard and not getting a swollen head!</description>
		<content:encoded><![CDATA[<p>I think that the guilt you feel is a beautiful thing.  Some of that guilt (I speculate) may come from the fact that you are teaching people about how to be frugal on this site&#8230; while at the same time splurging a little bit more.  You will eventually get used to being able to afford some of the &#8220;finer&#8221; things.  But you can use that to keep you from going overboard and not getting a swollen head!</p>
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		<title>By: KF</title>
		<link>http://www.getrichslowly.org/blog/2009/10/10/the-guilt-of-wealth/comment-page-4/#comment-202106</link>
		<dc:creator>KF</dc:creator>
		<pubDate>Thu, 15 Oct 2009 17:58:49 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=6692#comment-202106</guid>
		<description>Hi DC Portlander @ 153:  I totally agree with you.  I guess that&#039;s another useful aspect of guilt and a way the emotion serves us.  It helps me keep my lifestyle in check, which keeps my priorities in line, which in turn means that I live well below my means, have financial peace, and have plenty of money to give to meaningful causes.  I live in a small 1-bedroom apartment when I could afford more, I do not have a car and only use public transportation even though I could technically afford a car, I am still frugal in my daily purchasing choices even though my income has increased over the years, I am environmentally conscious with most of my purchases, etc.  Living a simple life, regardless of income, is quite powerful.  And feeling a little bit of guilt over how much I am blessed to have is a good reminder to keep this up. 

Justin @152:  Society does in fact often determine wages.  I am a lawyer in the private sector.  I earn much more than friends who are federal prosecutors, state prosecutors, public defenders, federal judges, state judges, nonprofit attorneys and even elected Senators and Congress people who have law degrees.  Most of those people work just as hard as I do, they have similar educational backgrounds, and they help society.  This is true in many fiends.  I am fine being paid more than a janitor, and I agree that my skill set, education and talent should be rewarded to a certain degree.  But, I assure you that there isn&#039;t always a rational process regarding how much people are paid.  

I also assure you that there are many good charities in addition to Habitat for Humanity.  Hundreds of organizations help people help themselves.  There is an entire microcredit movement based on this.  Other nonprofits don&#039;t really involve &quot;charity&quot; to people -- environmental organizations, animal shelters, political campaigns, etc.</description>
		<content:encoded><![CDATA[<p>Hi DC Portlander @ 153:  I totally agree with you.  I guess that&#8217;s another useful aspect of guilt and a way the emotion serves us.  It helps me keep my lifestyle in check, which keeps my priorities in line, which in turn means that I live well below my means, have financial peace, and have plenty of money to give to meaningful causes.  I live in a small 1-bedroom apartment when I could afford more, I do not have a car and only use public transportation even though I could technically afford a car, I am still frugal in my daily purchasing choices even though my income has increased over the years, I am environmentally conscious with most of my purchases, etc.  Living a simple life, regardless of income, is quite powerful.  And feeling a little bit of guilt over how much I am blessed to have is a good reminder to keep this up. </p>
<p>Justin @152:  Society does in fact often determine wages.  I am a lawyer in the private sector.  I earn much more than friends who are federal prosecutors, state prosecutors, public defenders, federal judges, state judges, nonprofit attorneys and even elected Senators and Congress people who have law degrees.  Most of those people work just as hard as I do, they have similar educational backgrounds, and they help society.  This is true in many fiends.  I am fine being paid more than a janitor, and I agree that my skill set, education and talent should be rewarded to a certain degree.  But, I assure you that there isn&#8217;t always a rational process regarding how much people are paid.  </p>
<p>I also assure you that there are many good charities in addition to Habitat for Humanity.  Hundreds of organizations help people help themselves.  There is an entire microcredit movement based on this.  Other nonprofits don&#8217;t really involve &#8220;charity&#8221; to people &#8212; environmental organizations, animal shelters, political campaigns, etc.</p>
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		<title>By: Amy</title>
		<link>http://www.getrichslowly.org/blog/2009/10/10/the-guilt-of-wealth/comment-page-4/#comment-202104</link>
		<dc:creator>Amy</dc:creator>
		<pubDate>Thu, 15 Oct 2009 17:48:47 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=6692#comment-202104</guid>
		<description>Actually, it is not due to resource limitations that so many around the world suffer. If that were the case, Hong Kong would not be the economic powerhouse it is today. What leads to extreme poverty is a) lack of firmly substantiated property rights (or lack political stability to enforce them), and b) lack of free trade (i.e. having overly strong economic controls, regulations, and barriers in place which prevents small businesses from developing and flourishing). Simply making a transfer of resources from one place to another won&#039;t fix that problem. In fact, in some ways, it makes the problem worse by making those countries reliant on the handouts we give them.

That doesn&#039;t mean it&#039;s wrong to try to help... on the contrary. But instead of focusing too much on the symptoms, we need to keep our eyes on the underlying problem.</description>
		<content:encoded><![CDATA[<p>Actually, it is not due to resource limitations that so many around the world suffer. If that were the case, Hong Kong would not be the economic powerhouse it is today. What leads to extreme poverty is a) lack of firmly substantiated property rights (or lack political stability to enforce them), and b) lack of free trade (i.e. having overly strong economic controls, regulations, and barriers in place which prevents small businesses from developing and flourishing). Simply making a transfer of resources from one place to another won&#8217;t fix that problem. In fact, in some ways, it makes the problem worse by making those countries reliant on the handouts we give them.</p>
<p>That doesn&#8217;t mean it&#8217;s wrong to try to help&#8230; on the contrary. But instead of focusing too much on the symptoms, we need to keep our eyes on the underlying problem.</p>
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		<title>By: DC Portland</title>
		<link>http://www.getrichslowly.org/blog/2009/10/10/the-guilt-of-wealth/comment-page-4/#comment-202098</link>
		<dc:creator>DC Portland</dc:creator>
		<pubDate>Thu, 15 Oct 2009 17:26:30 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=6692#comment-202098</guid>
		<description>KF (#151)

Thank you for your valuable comments.  I think you are correct in accepting a certain amount of guilt concerning your over-sized environmental footprint.  It is mostly due to resource limitations that so many around the world needlessly suffer.

I recommend that you seriously consider assuaging your guilt a little by simplifying your lifestyle.  As I am sure you know, the material surroundings inherent to the &quot;yuppy&quot; lifestyle will not positively impact your well-being, and the well-being of those you care about.  Further, if you do have kids some day (and I hope that you do), teaching them about living simply can be the best lesson you can give them, particularly by example.  Not only does excessive material consumption lead to environmental problems, it leads to devastating mental conditions, such as materialism.  Regardless of how much you inspire people to give back, the hypocracy of living large will undermine you and yours.</description>
		<content:encoded><![CDATA[<p>KF (#151)</p>
<p>Thank you for your valuable comments.  I think you are correct in accepting a certain amount of guilt concerning your over-sized environmental footprint.  It is mostly due to resource limitations that so many around the world needlessly suffer.</p>
<p>I recommend that you seriously consider assuaging your guilt a little by simplifying your lifestyle.  As I am sure you know, the material surroundings inherent to the &#8220;yuppy&#8221; lifestyle will not positively impact your well-being, and the well-being of those you care about.  Further, if you do have kids some day (and I hope that you do), teaching them about living simply can be the best lesson you can give them, particularly by example.  Not only does excessive material consumption lead to environmental problems, it leads to devastating mental conditions, such as materialism.  Regardless of how much you inspire people to give back, the hypocracy of living large will undermine you and yours.</p>
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		<title>By: Justin</title>
		<link>http://www.getrichslowly.org/blog/2009/10/10/the-guilt-of-wealth/comment-page-4/#comment-202094</link>
		<dc:creator>Justin</dc:creator>
		<pubDate>Thu, 15 Oct 2009 17:17:19 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=6692#comment-202094</guid>
		<description>@KF[151]:

I can&#039;t really address much of what you&#039;ve said, because I don&#039;t really agree with most of it. But here are a few points:

&quot;Society&quot; does not determine the wages of a profession. Simple supply and demand do. Anyone with an able body can be a janitor. High supply, low wages. Only highly trained people can be doctors. Low supply, high wages. Obviously, as said before, there are aberrations to this.

The best way to keep kids from being &quot;over-entitled losers&quot; is to instill in them work ethic, not charity. What happens if your children end up un(der)educated and poor? Will they not expect charity then, because that is exactly what they were brought up with? Charity conditions expecting something for nothing; work ethic conditions getting nothing without earning it.

There is one &quot;charity&quot; that I support when I can: Habitat for Humanity. Why? Well, first I go and work, and I learn home construction and maintenance skills which can be applied to my own benefit. Second, they actually require their beneficiaries to earn their home; they do not simply give them away for free. They must help in the construction or rehabilitation of the home, and they must still pay for a mortgage, though it is a small non-profit loan covering H4H&#039;s outlay of funds into the house. By doing this, they instill pride and ownership of the home into their beneficiaries. It is truly THEIR home that they earned, not one that was simply given to them.</description>
		<content:encoded><![CDATA[<p>@KF[151]:</p>
<p>I can&#8217;t really address much of what you&#8217;ve said, because I don&#8217;t really agree with most of it. But here are a few points:</p>
<p>&#8220;Society&#8221; does not determine the wages of a profession. Simple supply and demand do. Anyone with an able body can be a janitor. High supply, low wages. Only highly trained people can be doctors. Low supply, high wages. Obviously, as said before, there are aberrations to this.</p>
<p>The best way to keep kids from being &#8220;over-entitled losers&#8221; is to instill in them work ethic, not charity. What happens if your children end up un(der)educated and poor? Will they not expect charity then, because that is exactly what they were brought up with? Charity conditions expecting something for nothing; work ethic conditions getting nothing without earning it.</p>
<p>There is one &#8220;charity&#8221; that I support when I can: Habitat for Humanity. Why? Well, first I go and work, and I learn home construction and maintenance skills which can be applied to my own benefit. Second, they actually require their beneficiaries to earn their home; they do not simply give them away for free. They must help in the construction or rehabilitation of the home, and they must still pay for a mortgage, though it is a small non-profit loan covering H4H&#8217;s outlay of funds into the house. By doing this, they instill pride and ownership of the home into their beneficiaries. It is truly THEIR home that they earned, not one that was simply given to them.</p>
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		<title>By: KF</title>
		<link>http://www.getrichslowly.org/blog/2009/10/10/the-guilt-of-wealth/comment-page-4/#comment-202084</link>
		<dc:creator>KF</dc:creator>
		<pubDate>Thu, 15 Oct 2009 16:52:23 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=6692#comment-202084</guid>
		<description>I earn six figures and often feel similar guilt-related feelings.  Here are the 2 best fixes I&#039;ve found:

1) Give away a lot of money.  JD, don&#039;t let the perfect be the enemy of good.  Don&#039;t keep waiting to be a philanthropist.  And don&#039;t be a baby philanthropist by giving away piddly amounts of $50 or $100 checks when random friends as you to sponsor them or when you go to some charitable event.  Give until you actually feel it in your checkbook and your heart.  It&#039;s an amazing feeling.  Start cutting $1000 checks.  Or more!  You can give nationally, or you can start making an immediate difference in your own area.  I know you love cats.  Drive to a nearby animal shelter, ask what they need, and give cash or go buy it (food, medicine, crates, publicity for adoption events, a new kennel, etc).  You could save dozens of pets today.  Just do it and your giving muscle will grow.  You&#039;ll get a high from giving away more than you ever thought you would or could.  

2) I let myself feel guilt and I sit with the feeling because I think I SHOULD have some guilt.  I don&#039;t believe that any of us &quot;deserve&quot; to have more than our basic needs met.  I know that my lifestyle is not sustainable on a global level -- the world would explode if every person on it had an American lifestyle.  I know that I take more than my fair share from the environment.  Even &quot;poor&quot; Americans have countless more luxuries and things that go beyond their true needs than people around the globe.  Millions (or billions?) of people still live on less than a dollar a day, die because they don&#039;t have clean water, and lack access to basic healthcare.  I earn a lot and live a yuppie lifestyle, but I don&#039;t work harder than a lot of people in other professions that our society has decided should receive a lower wage.  So, I feel guilty.  And I think I should.  It&#039;s not helpful if I let that guilt get debilitating.  But, it&#039;s helpful because it reminds me not to take things for granted, that I don&#039;t &quot;deserve&quot; my current lifestyle, and that I need to be giving back all the time.  If I ever have children, it will also help me raise them in a way that they don&#039;t end up being over-entitled losers.</description>
		<content:encoded><![CDATA[<p>I earn six figures and often feel similar guilt-related feelings.  Here are the 2 best fixes I&#8217;ve found:</p>
<p>1) Give away a lot of money.  JD, don&#8217;t let the perfect be the enemy of good.  Don&#8217;t keep waiting to be a philanthropist.  And don&#8217;t be a baby philanthropist by giving away piddly amounts of $50 or $100 checks when random friends as you to sponsor them or when you go to some charitable event.  Give until you actually feel it in your checkbook and your heart.  It&#8217;s an amazing feeling.  Start cutting $1000 checks.  Or more!  You can give nationally, or you can start making an immediate difference in your own area.  I know you love cats.  Drive to a nearby animal shelter, ask what they need, and give cash or go buy it (food, medicine, crates, publicity for adoption events, a new kennel, etc).  You could save dozens of pets today.  Just do it and your giving muscle will grow.  You&#8217;ll get a high from giving away more than you ever thought you would or could.  </p>
<p>2) I let myself feel guilt and I sit with the feeling because I think I SHOULD have some guilt.  I don&#8217;t believe that any of us &#8220;deserve&#8221; to have more than our basic needs met.  I know that my lifestyle is not sustainable on a global level &#8212; the world would explode if every person on it had an American lifestyle.  I know that I take more than my fair share from the environment.  Even &#8220;poor&#8221; Americans have countless more luxuries and things that go beyond their true needs than people around the globe.  Millions (or billions?) of people still live on less than a dollar a day, die because they don&#8217;t have clean water, and lack access to basic healthcare.  I earn a lot and live a yuppie lifestyle, but I don&#8217;t work harder than a lot of people in other professions that our society has decided should receive a lower wage.  So, I feel guilty.  And I think I should.  It&#8217;s not helpful if I let that guilt get debilitating.  But, it&#8217;s helpful because it reminds me not to take things for granted, that I don&#8217;t &#8220;deserve&#8221; my current lifestyle, and that I need to be giving back all the time.  If I ever have children, it will also help me raise them in a way that they don&#8217;t end up being over-entitled losers.</p>
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		<title>By: Siebrie</title>
		<link>http://www.getrichslowly.org/blog/2009/10/10/the-guilt-of-wealth/comment-page-3/#comment-202002</link>
		<dc:creator>Siebrie</dc:creator>
		<pubDate>Thu, 15 Oct 2009 11:01:44 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=6692#comment-202002</guid>
		<description>Isn&#039;t is more a matter of:
- years of keeping up with the Jones&#039;s and going into debt
- years of avoiding keeping up with the Jones&#039;s and paying off your debt
- suddenly finding that your last name now is &#039;Jones&#039; and getting used to the new role?</description>
		<content:encoded><![CDATA[<p>Isn&#8217;t is more a matter of:<br />
- years of keeping up with the Jones&#8217;s and going into debt<br />
- years of avoiding keeping up with the Jones&#8217;s and paying off your debt<br />
- suddenly finding that your last name now is &#8216;Jones&#8217; and getting used to the new role?</p>
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		<title>By: GE Miller</title>
		<link>http://www.getrichslowly.org/blog/2009/10/10/the-guilt-of-wealth/comment-page-3/#comment-201961</link>
		<dc:creator>GE Miller</dc:creator>
		<pubDate>Thu, 15 Oct 2009 00:09:44 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=6692#comment-201961</guid>
		<description>JD,

Not to be an armchair shrink, but are you sure that you&#039;re separating the feeling of &#039;money isn&#039;t buying happiness&#039; from the feeling of &#039;guilt&#039;? I mean... you made the point that the furniture isn&#039;t making you happy. Nice things don&#039;t (and won&#039;t) make you happy. Financial security... now that can make one happy, or at least not stressed and depressed. You&#039;re a lucky man to be able to run a blog, have a good income, work from home, and not have to report to &#039;the man&#039; anymore. Those things are priceless. The &#039;stuff&#039;, not so much - that will only bring disappointment if you continue to view it as something that should be making you happier (instead you feel guilt).</description>
		<content:encoded><![CDATA[<p>JD,</p>
<p>Not to be an armchair shrink, but are you sure that you&#8217;re separating the feeling of &#8216;money isn&#8217;t buying happiness&#8217; from the feeling of &#8216;guilt&#8217;? I mean&#8230; you made the point that the furniture isn&#8217;t making you happy. Nice things don&#8217;t (and won&#8217;t) make you happy. Financial security&#8230; now that can make one happy, or at least not stressed and depressed. You&#8217;re a lucky man to be able to run a blog, have a good income, work from home, and not have to report to &#8216;the man&#8217; anymore. Those things are priceless. The &#8216;stuff&#8217;, not so much &#8211; that will only bring disappointment if you continue to view it as something that should be making you happier (instead you feel guilt).</p>
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		<title>By: L. Hernandez</title>
		<link>http://www.getrichslowly.org/blog/2009/10/10/the-guilt-of-wealth/comment-page-3/#comment-201954</link>
		<dc:creator>L. Hernandez</dc:creator>
		<pubDate>Wed, 14 Oct 2009 23:24:10 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=6692#comment-201954</guid>
		<description>A number of commenters have danced around it, but this guilt that one may feel about one&#039;s material wealth is why many people do change their social circles when their financial circumstances change.  

While we are prepared to have varying circumstances, we often dislike being far from the median, and we often dislike having our acquaintances being an outlier as well.  Social pressure acts on us regarding finances, political views, clothing, and a whole host of points.  

If you have grown up in a circle where substantial debt is common, it feels odd to have no debt and odder still to maintain the no debt.  If you grew up in a circle that did not feel advanced education was worthwhile, it feels odd to be studying hard.

It&#039;s not to say it is destiny, but social/family pressure is very, very succesful unless we are aware of the pressure others place on us and the pressure we place on others (It&#039;s a two-way street for sure).  Social pressure is almost always disguised, and often has a beneficial effect, so it can&#039;t be discarded wholesale.  

When I visit some of my family, I&#039;m the not quite poor relation, and in others I&#039;m the successful one, so I fancy that I can adapt to changes in circumstances quite well, but perhaps I&#039;m just the median.</description>
		<content:encoded><![CDATA[<p>A number of commenters have danced around it, but this guilt that one may feel about one&#8217;s material wealth is why many people do change their social circles when their financial circumstances change.  </p>
<p>While we are prepared to have varying circumstances, we often dislike being far from the median, and we often dislike having our acquaintances being an outlier as well.  Social pressure acts on us regarding finances, political views, clothing, and a whole host of points.  </p>
<p>If you have grown up in a circle where substantial debt is common, it feels odd to have no debt and odder still to maintain the no debt.  If you grew up in a circle that did not feel advanced education was worthwhile, it feels odd to be studying hard.</p>
<p>It&#8217;s not to say it is destiny, but social/family pressure is very, very succesful unless we are aware of the pressure others place on us and the pressure we place on others (It&#8217;s a two-way street for sure).  Social pressure is almost always disguised, and often has a beneficial effect, so it can&#8217;t be discarded wholesale.  </p>
<p>When I visit some of my family, I&#8217;m the not quite poor relation, and in others I&#8217;m the successful one, so I fancy that I can adapt to changes in circumstances quite well, but perhaps I&#8217;m just the median.</p>
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		<title>By: Amy</title>
		<link>http://www.getrichslowly.org/blog/2009/10/10/the-guilt-of-wealth/comment-page-3/#comment-201916</link>
		<dc:creator>Amy</dc:creator>
		<pubDate>Wed, 14 Oct 2009 16:42:03 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=6692#comment-201916</guid>
		<description>Gee @146: Plato&#039;s philosophic works had many flaws, but we still study them and him to this day in philosophy. Whether or not we study a school of philosophy in a class has nothing to do with its flaws or lack thereof. In fact, if we based our study in philosophy on perfection alone, we would have very little material to study. We should discuss philosophies in terms of their strengths AND their flaws. It&#039;s more likely that the adaptation of new material in a philosophy class is a very slow process, particularly when that brand spankin&#039; new philosophy (at least in terms of the whole of human history) is very controversial.

Rand was, in fact, very rigorous. Human, yes, very much flawed, yes, but certainly rigorous. And as mentioned above, just because you can point out certain flaws in her philosophy does not necessitate the need to throw the entire thing out and call it &#039;nuts&#039;. From Branden&#039;s article, Objectivism states: &quot;That reality is what it is, that things are what they are, independent of anyone’s beliefs, feelings, judgments or opinions—that existence exists, that A is A... That a human being is an end in him- or herself, that each one of us has the right to exist for our own sake, neither sacrificing others to self nor self to others... That no individual—and no group—has the moral right to initiate the use of force against others... That force is permissible only in retaliation and only against those who have initiated its use&quot;. These are all very useful principles, and not nuts at all.


Finally, I&#039;d like to mention that Rand absolutely was discussed (albeit briefly) in one of my philosophy classes when I was in school.</description>
		<content:encoded><![CDATA[<p>Gee @146: Plato&#8217;s philosophic works had many flaws, but we still study them and him to this day in philosophy. Whether or not we study a school of philosophy in a class has nothing to do with its flaws or lack thereof. In fact, if we based our study in philosophy on perfection alone, we would have very little material to study. We should discuss philosophies in terms of their strengths AND their flaws. It&#8217;s more likely that the adaptation of new material in a philosophy class is a very slow process, particularly when that brand spankin&#8217; new philosophy (at least in terms of the whole of human history) is very controversial.</p>
<p>Rand was, in fact, very rigorous. Human, yes, very much flawed, yes, but certainly rigorous. And as mentioned above, just because you can point out certain flaws in her philosophy does not necessitate the need to throw the entire thing out and call it &#8216;nuts&#8217;. From Branden&#8217;s article, Objectivism states: &#8220;That reality is what it is, that things are what they are, independent of anyone’s beliefs, feelings, judgments or opinions—that existence exists, that A is A&#8230; That a human being is an end in him- or herself, that each one of us has the right to exist for our own sake, neither sacrificing others to self nor self to others&#8230; That no individual—and no group—has the moral right to initiate the use of force against others&#8230; That force is permissible only in retaliation and only against those who have initiated its use&#8221;. These are all very useful principles, and not nuts at all.</p>
<p>Finally, I&#8217;d like to mention that Rand absolutely was discussed (albeit briefly) in one of my philosophy classes when I was in school.</p>
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		<title>By: Gee</title>
		<link>http://www.getrichslowly.org/blog/2009/10/10/the-guilt-of-wealth/comment-page-3/#comment-201910</link>
		<dc:creator>Gee</dc:creator>
		<pubDate>Wed, 14 Oct 2009 16:01:33 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=6692#comment-201910</guid>
		<description>Extreme thoughts are only worth reading if they are combined with rigor and skill. Nietzsche is a good example of an extreme, but rigorous thinker.  Rand may have a compelling style, but she’s neither rigorous nor skilled as a philosopher.  Anyone with a charming prose style can sway their reader with bold statements and unsubstantiated claims.  She just doesn’t hold up when you really think about what she says.

Many philosophers have charming styles, but they are read because they also have the rigor.

And I didn’t mean my peers directly. As far as I know Twain, Dickens and Austen have not been dropped from reputable English Lit department syllabi.  And as far as I know, Rand has not been adopted by reputable philosophy or political science departments.  

It’s possible that Rand’s fiction is worth reading.  However, the philosophy that underpins it is nuts.</description>
		<content:encoded><![CDATA[<p>Extreme thoughts are only worth reading if they are combined with rigor and skill. Nietzsche is a good example of an extreme, but rigorous thinker.  Rand may have a compelling style, but she’s neither rigorous nor skilled as a philosopher.  Anyone with a charming prose style can sway their reader with bold statements and unsubstantiated claims.  She just doesn’t hold up when you really think about what she says.</p>
<p>Many philosophers have charming styles, but they are read because they also have the rigor.</p>
<p>And I didn’t mean my peers directly. As far as I know Twain, Dickens and Austen have not been dropped from reputable English Lit department syllabi.  And as far as I know, Rand has not been adopted by reputable philosophy or political science departments.  </p>
<p>It’s possible that Rand’s fiction is worth reading.  However, the philosophy that underpins it is nuts.</p>
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		<title>By: J.D.</title>
		<link>http://www.getrichslowly.org/blog/2009/10/10/the-guilt-of-wealth/comment-page-3/#comment-201891</link>
		<dc:creator>J.D.</dc:creator>
		<pubDate>Wed, 14 Oct 2009 12:53:38 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=6692#comment-201891</guid>
		<description>Thanks for clarifying, Pistolette. I agree: It&#039;s a valuable skill to be able to take what you want from an author and leave the rest behind.</description>
		<content:encoded><![CDATA[<p>Thanks for clarifying, Pistolette. I agree: It&#8217;s a valuable skill to be able to take what you want from an author and leave the rest behind.</p>
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		<title>By: Pistolette</title>
		<link>http://www.getrichslowly.org/blog/2009/10/10/the-guilt-of-wealth/comment-page-3/#comment-201890</link>
		<dc:creator>Pistolette</dc:creator>
		<pubDate>Wed, 14 Oct 2009 12:52:09 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=6692#comment-201890</guid>
		<description>@JD: My point in bringing up Rand is that her philosophies regarding GUILT, the topic of this post, are very appropriate. I agree with you that she tends to oversimplify, but it doesn&#039;t mean all her ideas are invalid. As an independent thinker I do not disregard wise words simply because my political opponents use them to their advantage. If the neo-cons want to contort Rand for their own benefit they are free to do so. I&#039;m secure enough in my ideas that I don&#039;t feel I have to say the political opposite for fear I may be associated with the wrong party. Btw, I love this blog (esp your garden stuff because I do urban gardening. Keep up the good work!).</description>
		<content:encoded><![CDATA[<p>@JD: My point in bringing up Rand is that her philosophies regarding GUILT, the topic of this post, are very appropriate. I agree with you that she tends to oversimplify, but it doesn&#8217;t mean all her ideas are invalid. As an independent thinker I do not disregard wise words simply because my political opponents use them to their advantage. If the neo-cons want to contort Rand for their own benefit they are free to do so. I&#8217;m secure enough in my ideas that I don&#8217;t feel I have to say the political opposite for fear I may be associated with the wrong party. Btw, I love this blog (esp your garden stuff because I do urban gardening. Keep up the good work!).</p>
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		<title>By: jmp</title>
		<link>http://www.getrichslowly.org/blog/2009/10/10/the-guilt-of-wealth/comment-page-3/#comment-201874</link>
		<dc:creator>jmp</dc:creator>
		<pubDate>Wed, 14 Oct 2009 05:16:32 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=6692#comment-201874</guid>
		<description>Oh, and on the topic of Rand, the key take-away I like to remind people of, is this:

Above all else, Rand admires competence and creation.  Many latch on to the concept of looters while not holding themselves up to the measuring sticks of competence and creation.  Both have to be understood to have a more cohesive view of her books.

In this context, it is legitimate to criticize those who would take my property and give it to someone else.  Alternatively, it is mine to do with as I please; if some portion of that includes giving, it would be inappropriate for others to prohibit me from doing so.</description>
		<content:encoded><![CDATA[<p>Oh, and on the topic of Rand, the key take-away I like to remind people of, is this:</p>
<p>Above all else, Rand admires competence and creation.  Many latch on to the concept of looters while not holding themselves up to the measuring sticks of competence and creation.  Both have to be understood to have a more cohesive view of her books.</p>
<p>In this context, it is legitimate to criticize those who would take my property and give it to someone else.  Alternatively, it is mine to do with as I please; if some portion of that includes giving, it would be inappropriate for others to prohibit me from doing so.</p>
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		<title>By: jmp</title>
		<link>http://www.getrichslowly.org/blog/2009/10/10/the-guilt-of-wealth/comment-page-3/#comment-201871</link>
		<dc:creator>jmp</dc:creator>
		<pubDate>Wed, 14 Oct 2009 05:00:58 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=6692#comment-201871</guid>
		<description>The book &quot;Limbo&quot; helped me shed some light on some of these ideas; I recommend it.

http://www.amazon.com/Limbo-Blue-Collar-Roots-White-Collar-Dreams/dp/0471714399

Oftentimes people who have not earned success find it difficult to understand the mixed emotions felt by the newly (1st generation) successful. In this case, I mean both the poor and those for whom success was heavily subsidized by family.  I have yet to meet anyone who truly pulled themselves up by their own bootstraps who did not have these feelings.

Intellectually, I&#039;m quite proud of my modest achievements, but it feels wrong for my life to be so easy when it is so hard for so many.</description>
		<content:encoded><![CDATA[<p>The book &#8220;Limbo&#8221; helped me shed some light on some of these ideas; I recommend it.</p>
<p><a href="http://www.amazon.com/Limbo-Blue-Collar-Roots-White-Collar-Dreams/dp/0471714399" rel="nofollow">http://www.amazon.com/Limbo-Blue-Collar-Roots-White-Collar-Dreams/dp/0471714399</a></p>
<p>Oftentimes people who have not earned success find it difficult to understand the mixed emotions felt by the newly (1st generation) successful. In this case, I mean both the poor and those for whom success was heavily subsidized by family.  I have yet to meet anyone who truly pulled themselves up by their own bootstraps who did not have these feelings.</p>
<p>Intellectually, I&#8217;m quite proud of my modest achievements, but it feels wrong for my life to be so easy when it is so hard for so many.</p>
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		<title>By: Justin</title>
		<link>http://www.getrichslowly.org/blog/2009/10/10/the-guilt-of-wealth/comment-page-3/#comment-201858</link>
		<dc:creator>Justin</dc:creator>
		<pubDate>Wed, 14 Oct 2009 00:11:30 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=6692#comment-201858</guid>
		<description>@barnetto[140]:

Exactly. I think it&#039;s a version of Diffusion of Responsibility:

http://en.wikipedia.org/wiki/Diffusion_of_responsibility</description>
		<content:encoded><![CDATA[<p>@barnetto[140]:</p>
<p>Exactly. I think it&#8217;s a version of Diffusion of Responsibility:</p>
<p><a href="http://en.wikipedia.org/wiki/Diffusion_of_responsibility" rel="nofollow">http://en.wikipedia.org/wiki/Diffusion_of_responsibility</a></p>
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		<title>By: barnetto</title>
		<link>http://www.getrichslowly.org/blog/2009/10/10/the-guilt-of-wealth/comment-page-3/#comment-201856</link>
		<dc:creator>barnetto</dc:creator>
		<pubDate>Wed, 14 Oct 2009 00:05:09 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=6692#comment-201856</guid>
		<description>@137

Would you mind posting a link to the story you mentioned?  I don&#039;t take her for the norm and I&#039;d like to see more specifics on her circumstances.

As far as the charities go, you&#039;re not comparing apples to apples.  The difference between us and other countries is probably due to culture and/or the fact that there is no need for many charities when government programs fill their role.</description>
		<content:encoded><![CDATA[<p>@137</p>
<p>Would you mind posting a link to the story you mentioned?  I don&#8217;t take her for the norm and I&#8217;d like to see more specifics on her circumstances.</p>
<p>As far as the charities go, you&#8217;re not comparing apples to apples.  The difference between us and other countries is probably due to culture and/or the fact that there is no need for many charities when government programs fill their role.</p>
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		<title>By: J.D.</title>
		<link>http://www.getrichslowly.org/blog/2009/10/10/the-guilt-of-wealth/comment-page-3/#comment-201855</link>
		<dc:creator>J.D.</dc:creator>
		<pubDate>Tue, 13 Oct 2009 23:56:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=6692#comment-201855</guid>
		<description>Aha! Got it, Justin. Thanks.</description>
		<content:encoded><![CDATA[<p>Aha! Got it, Justin. Thanks.</p>
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		<title>By: Justin</title>
		<link>http://www.getrichslowly.org/blog/2009/10/10/the-guilt-of-wealth/comment-page-3/#comment-201854</link>
		<dc:creator>Justin</dc:creator>
		<pubDate>Tue, 13 Oct 2009 23:44:21 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=6692#comment-201854</guid>
		<description>Please understand that there is only one point I&#039;m attempting to get across here. And that is that no one is owed any part of your personal success, beyond fair payment for goods and services rendered to you. Whether it be through guilt-induced charity (subtle) or taxation for welfare programs (openly coercive). While I accept the Randian principle of rational self-interest, I accept that not everyone derives value from the same things, and that different values will produce different results. I believe this is what Nathaniel Branden calls &quot;Confusing reason with &#039;the reasonable&#039;&quot;. I simply call it, &quot;there is no accounting for taste&quot;. Hopefully that clarifies my position, and I really do believe we are basically all in agreement.

@JD[132]:

&lt;blockquote&gt;“My views on charity are very simple. I do not consider it a major virtue and, above all, I do not consider it a moral duty. There is nothing wrong in helping other people, if and when they are worthy of the help and you can afford to help them. I regard charity as a marginal issue. What I am fighting is the idea that charity is a moral duty and a primary virtue.”

-—From “Playboy’s 1964 interview with Ayn Rand”&lt;/blockquote&gt;

I see no disagreement here. They seem to be advocating the same thing: That if you personally find value in charity, then there is no reason why you should not partake. But the idea of it being a moral duty, a moral lien against your successes because others aren&#039;t as successful, I reject. And that kind of lien is exactly what you described in your post JD.

@barnetto[135]:

Their actions could also be seen as selfish, in that they are working to prevent destruction something they value, which is the basic human right of free life. The progression of the Holocaust is a good example as to why this is important for everyone. It started with just the Jews; it later generalized to everyone who is not an able-bodied Aryan. That is why this is an entangling factor, and why it is removed in my scenario.

The loss of free life does mean so much more than that extra 10% of your earnings. I agree completely with you, and I was mistaken in what I said before. The basic point I was badly trying to present is that I see little difference in these two options:

* Forcibly submitting the results of my work to a government, in order for it to &quot;justly&quot; redistribute it, presumably giving me some share of it back to me so that I may obtain the necessities of life.
* Involuntary servitude, where I am forced to work for someone else&#039;s profit, and that person provides the basic necessities of life to me.

The difference between 35% taxation and 100% taxation is just a number in a formula. But the difference to those who must endure it... It is so much more than that. That is what I meant by the difference being 10%.</description>
		<content:encoded><![CDATA[<p>Please understand that there is only one point I&#8217;m attempting to get across here. And that is that no one is owed any part of your personal success, beyond fair payment for goods and services rendered to you. Whether it be through guilt-induced charity (subtle) or taxation for welfare programs (openly coercive). While I accept the Randian principle of rational self-interest, I accept that not everyone derives value from the same things, and that different values will produce different results. I believe this is what Nathaniel Branden calls &#8220;Confusing reason with &#8216;the reasonable&#8217;&#8221;. I simply call it, &#8220;there is no accounting for taste&#8221;. Hopefully that clarifies my position, and I really do believe we are basically all in agreement.</p>
<p>@JD[132]:</p>
<blockquote><p>“My views on charity are very simple. I do not consider it a major virtue and, above all, I do not consider it a moral duty. There is nothing wrong in helping other people, if and when they are worthy of the help and you can afford to help them. I regard charity as a marginal issue. What I am fighting is the idea that charity is a moral duty and a primary virtue.”</p>
<p>-—From “Playboy’s 1964 interview with Ayn Rand”</p></blockquote>
<p>I see no disagreement here. They seem to be advocating the same thing: That if you personally find value in charity, then there is no reason why you should not partake. But the idea of it being a moral duty, a moral lien against your successes because others aren&#8217;t as successful, I reject. And that kind of lien is exactly what you described in your post JD.</p>
<p>@barnetto[135]:</p>
<p>Their actions could also be seen as selfish, in that they are working to prevent destruction something they value, which is the basic human right of free life. The progression of the Holocaust is a good example as to why this is important for everyone. It started with just the Jews; it later generalized to everyone who is not an able-bodied Aryan. That is why this is an entangling factor, and why it is removed in my scenario.</p>
<p>The loss of free life does mean so much more than that extra 10% of your earnings. I agree completely with you, and I was mistaken in what I said before. The basic point I was badly trying to present is that I see little difference in these two options:</p>
<p>* Forcibly submitting the results of my work to a government, in order for it to &#8220;justly&#8221; redistribute it, presumably giving me some share of it back to me so that I may obtain the necessities of life.<br />
* Involuntary servitude, where I am forced to work for someone else&#8217;s profit, and that person provides the basic necessities of life to me.</p>
<p>The difference between 35% taxation and 100% taxation is just a number in a formula. But the difference to those who must endure it&#8230; It is so much more than that. That is what I meant by the difference being 10%.</p>
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		<title>By: Shara</title>
		<link>http://www.getrichslowly.org/blog/2009/10/10/the-guilt-of-wealth/comment-page-3/#comment-201853</link>
		<dc:creator>Shara</dc:creator>
		<pubDate>Tue, 13 Oct 2009 23:26:28 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=6692#comment-201853</guid>
		<description>Maybe she&#039;s not read because so many teachers are anti-capitalist.  I made it through school without reading any Mark Twain, Charles Dickens, or Jane Austin.  I don&#039;t know anyone of my generation who has read them (not that I&#039;ve taken a poll nor do I want to).  But would you describe any of them as &#039;a kook and an idiot&#039;?  I think Ayn Rand is a useful person to read not because I subscribe to her philosophy 100% but because I think the extreme nature of her philosophy is thought provoking.

What I find curious is there is &#039;should&#039; and &#039;will&#039;.  I think most of us agree that we &#039;should&#039; give something back to our communities, but there is a very thick line in the sand between that and being compelled to via an increasing tax rate.  There are many things I think &#039;should&#039; be, but I shudder to think at them being compelled by order of law.

There is also the argument of unintended consequences.  When gov&#039;t seeks to be benevolent with our money it&#039;s amazing how many fewer dollars are created to be taxed.  I read a story today about a woman who is looking for a $60k/year job instead of replacing the $120k/yr job she lost because that additional $60k is taxed at an effective rate of 79% because of her higher marginal rate and earning her way out of tax rebates and other benefits that drop off (i.e. need based scholarships/grants, etc).  Why would she work that much harder to take home 21c on the dollar?  I also find it interesting that in societies with increasing tax rates charitable giving decreases.</description>
		<content:encoded><![CDATA[<p>Maybe she&#8217;s not read because so many teachers are anti-capitalist.  I made it through school without reading any Mark Twain, Charles Dickens, or Jane Austin.  I don&#8217;t know anyone of my generation who has read them (not that I&#8217;ve taken a poll nor do I want to).  But would you describe any of them as &#8216;a kook and an idiot&#8217;?  I think Ayn Rand is a useful person to read not because I subscribe to her philosophy 100% but because I think the extreme nature of her philosophy is thought provoking.</p>
<p>What I find curious is there is &#8216;should&#8217; and &#8216;will&#8217;.  I think most of us agree that we &#8216;should&#8217; give something back to our communities, but there is a very thick line in the sand between that and being compelled to via an increasing tax rate.  There are many things I think &#8216;should&#8217; be, but I shudder to think at them being compelled by order of law.</p>
<p>There is also the argument of unintended consequences.  When gov&#8217;t seeks to be benevolent with our money it&#8217;s amazing how many fewer dollars are created to be taxed.  I read a story today about a woman who is looking for a $60k/year job instead of replacing the $120k/yr job she lost because that additional $60k is taxed at an effective rate of 79% because of her higher marginal rate and earning her way out of tax rebates and other benefits that drop off (i.e. need based scholarships/grants, etc).  Why would she work that much harder to take home 21c on the dollar?  I also find it interesting that in societies with increasing tax rates charitable giving decreases.</p>
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		<title>By: Gee</title>
		<link>http://www.getrichslowly.org/blog/2009/10/10/the-guilt-of-wealth/comment-page-3/#comment-201847</link>
		<dc:creator>Gee</dc:creator>
		<pubDate>Tue, 13 Oct 2009 22:10:05 +0000</pubDate>
		<guid isPermaLink="false">http://www.getrichslowly.org/blog/?p=6692#comment-201847</guid>
		<description>Rand was a kook and idiot.  Perhaps she was a compelling kook, but one shouldn&#039;t take her writing seriously.  It&#039;s ridiculous psuedo-capitalist mumbo-jumbo.  

Anyone who quotes her is a fool.  

There&#039;s a reason she&#039;s not studied in important political science or philosphy programs.  (Or at least not any ones I&#039;ve ever seen.) I never encountered her once on a reading list and neither has anyone I&#039;ve ever met.</description>
		<content:encoded><![CDATA[<p>Rand was a kook and idiot.  Perhaps she was a compelling kook, but one shouldn&#8217;t take her writing seriously.  It&#8217;s ridiculous psuedo-capitalist mumbo-jumbo.  </p>
<p>Anyone who quotes her is a fool.  </p>
<p>There&#8217;s a reason she&#8217;s not studied in important political science or philosphy programs.  (Or at least not any ones I&#8217;ve ever seen.) I never encountered her once on a reading list and neither has anyone I&#8217;ve ever met.</p>
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