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Are Wealthy People Less Ethical?

Stashed in: Wealth!, Ethics, Morals, Psychopaths and Sociopaths, Wealth, Rich people get richer.

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Pity the rich. They drive their expensive cars with little respect for the law, they break the rules thinking they won’t have to face the consequences, and they even take candy from children.

Their unethical behavior, according to new research, is driven by the fact that they see nothing wrong with greed.

Psychologists at the University of California, Berkeley, have conducted seven studies involving nearly a thousand participants from college students to senior citizens indicating that the rich are, indeed, different from the rest of us.

Although the scientists concede that there are exceptions, “the really well-to-do have lost a little of their moral character,” psychologist Dacher Keltner, coauthor of a paper published in the Proceedings of the National Academy of Sciences, said in a telephone interview.

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