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The Predicament of the Newly Wealthy



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By : Doris Hill    19 or more times read
Submitted 2010-10-22 01:28:05
They are the item of thinly disguised envy. They are the raw materials of vulgar jokes and therefore the targets of popular aggression. They are the Newly Rich. Perhaps they should be controlled additional appropriately inside the tutorial discipline of psychology, however then economics in a very branch of psychology. To several, they represent a psychopathology or a sociopathology.
The Newly Rich don't seem to be a new phenomenon. Each generation has them. They are the upstarts, those that obtain to undermine the present elite, to interchange it and, ultimately to hitch it. Indeed, the Newly Made will be classified in accordance with their relations with the well-entrenched Old Rich. Every society has its veteran, venerable and aristocratic social classes. In most cases, there was a sturdy correlation between wealth and social standing. Until the beginning of this century, solely property owners could vote and therefore participate in the political process. The land gentry secured military and political positions for its off spring, irrespective of how sick equipped they were to accommodate the responsibilities thrust upon them. The privileged access and the insiders mentality ("previous boys network" to use a famous British expression) created certain that economic benefits were not unfold evenly. This skewed distribution, in turn, served to perpetuate the advantages of the ruling classes.
Only when wealth was detached from the land, was this solidarity broken. Land - being a scarce, non-reproducible resource - fostered a scarce, non-reproducible social elite. Money, on the opposite hand, could be multiplied, replicated, redistributed, reshuffled, made and lost. It absolutely was democratic in the truest sense of a word, otherwise worn thin. With meritocracy within the ascendance, aristocracy was in descent. Individuals made money as a result of they were clever, daring, lucky, visionary - however not as a result of they were born to the proper family or married into one. Money, the best of social equalizers, wedded the recent elite. Blood mixed and social categories were thus blurred. The aristocracy of capital (and, later, of entrepreneurship) - to that anyone with the right qualifications could belong - trounced the aristocracy of blood and heritage. For some, this was a sad moment. For others, a triumphant one.
The New Made chose one among 3 ways: subversion, revolution and emulation. All 3 modes of reaction were the results of envy, a sense of inferiority and rage at being discriminated against and humiliated.
Some New Rich chose to undermine the prevailing order. This was perceived by them to be an inevitable, gradual, slow and "historically sanctioned" process. The transfer of wealth (and the ability associated with it) from one elite to another constituted the subversive element. The ideological shift (to meritocracy and democracy or to mass- democracy as y Gasset would have put it) served to justify the historical process and place it in context. The successes of the new elite, as a category, and of its members, individually, served to prove the "justice" behind the tectonic shift. Social establishments and mores were tailored to mirror the preferences, inclinations, values, goals and worldview of the new elite. This approach - infinitesimal, graduated, cautious, all accommodating but also inexorable and all pervasive - characterizes Capitalism. The Capitalist Faith, with its temples (looking malls and banks), clergy (bankers, financiers, bureaucrats) and rituals - was created by the New Rich. It had multiple aims: to bestow some divine or historic importance and which means upon processes that might have otherwise been perceived as chaotic or threatening. To serve as an ideology in the Althusserian sense (hiding the discordant, the disagreeable and therefore the ugly while accentuating the concordant, conformist and appealing). To provide a historical process framework, to forestall feelings of aimlessness and vacuity, to motivate its adherents and to perpetuate itself and therefore on.
The second sort of New Rich (additionally called "Nomenclature" in certain regions of the world) chose to violently and irreversibly uproot and then eradicate the recent elite. This was typically done by use of brute force coated with a thin layer of incongruent ideology. The aim was to instantly inherit the wealth and power accumulated by generations of elitist rule. There was a declared intention of an egalitarian redistribution of wealth and assets. But reality was different: a tiny cluster - the new elite - scooped up most of the spoils. It amounted to a surgical replacement of one hermetic elite by another. Nothing modified, simply the personal identities. A curious dichotomy has formed between the half of the ideology, which controlled the historical process - and the other part, which elucidated the methods to be used to facilitate the transfer of wealth and its redistribution. While the first was deterministic, long-term and irreversible (and, therefore, not terribly pragmatic) - the second was an nearly undisguised recipe for pillage and looting of other individuals' property. Communism and therefore the Jap European (and, to a lesser extent, the Central European) versions of Socialism suffered from this inherent toxic seed of deceit. Therefore did Fascism. It is no marvel that these 2 sister ideologies fought it out in the first 0.5 of the 20th century. Each prescribed the unabashed, unmitigated, unrestrained, forced transfer of wealth from one elite to another. The proletariat enjoyed nearly not one of the loot.
The third manner was that of emulation. The Newly Made, who chose to adopt it, tried to assimilate the worldview, the values and therefore the behaviour patterns of their predecessors. They walked the same, talked the same, clad themselves in the identical fashion, bought the identical status symbols, ate the identical food. In general, they looked as pale imitations of the real thing. In the method, they became additional catholic than the Pope, more Old Wealthy than the Recent Rich. They exaggerated gestures and mannerisms, they reworked refined and delicate art to kitsch, their speech became hyperbole, their social associations dictated by ridiculously rigid codes of propriety and conduct. As in similar psychological situations, patricide and matricide followed. The Newly Rich rebelled against what they gave the impression to be the tyranny of a dying class. They butchered their objects of emulation - generally, physically. Realizing their inability to be what they perpetually aspired to be, the Newly Wealthy switched from frustration and permanent humiliation to aggression, violence and abuse. These new converts turned against the founders of their newly found faith with the fad and conviction reserved to true but disappointed believers.
Author Resource:- Dorish Hill has been writing articles online for nearly 2 years now. Not only does this author specialize in Speech Pathology, you can also check out his latest website about:
Garden Of Life Vitamins Which reviews and lists the best
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