How Wealth Reduces Compassion

Posted by Mark Jacobs on Oct 18, 2013
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Anna-Maria Tremonte does a nice radio interview with Paul Piff, a social psychologist at UC Berkeley, who explains research demonstrating that wealth and empathy are inversely related.  Piff is not not only persuasive in arguing that wealth deadens empathy, he is quite articulate in explaining why this is so.  Here's the teaser: "Common sense would suggest the wealthier a person is -- the easier it would be to be generous. And philanthropists such as Bill Gates and Warren Buffett suggest billionaires are benevolent.  Today, we're looking into new research -- that suggests the opposite is typically true: as wealth accumulates, empathy, compassion and generosity decline.‚Äč"  Worth a listen. 

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