Friday, March 18, 2022

The Role of One-Percenters

The role of one-percenters from the point of view of many plebians is: "Wouldn't it be great to live like kings, to have your wishes be fulfilled and to be able to do whatever you want?"

In other words, a lot of us envy them at times. For others, one-percenters are leeches to be hated and despised. 

The roll of Powerball and other Mega-Millions lotteries: To soften the plebians' hatred of one-percenters, because, "If I'm lucky maybe I'll be a one-percenter some day." 

* * * 

A study was done about matters pertaining to the mood of people who experience sudden extreme events in their lives, such as becoming a quadriplegic or winning one hundred million dollars. What the researchers found is that nearly everyone reverted to their general disposition before the accident or the mind-blowing victory. That is, if you were melancholy or a puddleglum beforehand, afterwards you were likely to eventually revert to type. If you were a cheerful optimist beforehand, you would likely eventually be the same even after a serious accident. 

In other words, your disposition is determined more by internal mechanisms rather than external circumstances.

* * * 

How many times have
You heard someone say
If I had his money
I could do things my way

But little they know
That it's so hard to find
One rich man in ten
With a satisfied mind

"Satisfied Mind" by Jack Rhodes and Red Hays is a classic that's been recorded by many greats including Johny Cash and Bob Dylan, who makes it the opening track on his album Saved.

"Money can't buy happiness" is a familiar palliative when you ain't got none, but what does it really mean? For many, and this happens a lot to athletes, the responsibilities that accompany having money are a weight that distracts them from what they really love, which is playing baseball or basketball or whatever. When it comes to who can they trust to watch the nest egg, well... there have been plenty of sports stars who ended up bankrupt. 

Psalm 73 is how I comfort myself when I think on these things. How do you view money?

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