Learn more about moneyandinvestments with this collection
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People want to buy status
Most wealth is acquired because people want status. You want to spend money to show everyone else that you have the power to buy.
But seeking status is a low-status behaviour. It becomes distasteful if someone is seen trying to gain fame or new stuff to impress their friends. This results in many people telling themselves that they want material possessions for intrinsic reasons.
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Why people want riches
Even though material conditions have improved during the last few decades, happiness has decreased.
This can be because of two factors:
- People want money to buy more stuff. But if we've already exceeded the amount of money we nee...
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A fundamental conflict: Either admit we want status or forego it
A fundamental conflict is that we want status but also don't want to be seen as people who want status.
- Some people think the solution is to wipe yourself free of the need to gain status.
- Another solution is to admit that people want status and do everything they can to earn fa...
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A possible answer to status is balance
A possible reason so many people pursue the delusional approach is that it is the most effective or sincere resolution to inner conflict.
A solution could be to accept our need for status like other needs such as hunger or affection. We don't have to think that status will make us happy, bu...
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