The Trouble with Wealth


We all want to lead the good life, but what does ‘the good life’ mean? In our world it means to live a life in comfort, economic and physical security and good health. It means being a moral person. It’s hardly ever pointed out, but being a moral person in our world generally means conforming to the ideals and goals of a market economy within a system of private entreprise and possessive individualism. Morality, although it’s often thought of as a set of abstract principles detached from everyday life, is actually determined by the dominant socio-economic structures of our society. Being a ‘good’ citizen is, undoubtedly, an aspect of being a moral person, but most of us never give a second thought to the role that nations have played in our history or what roles they play in our lives now. Countries or nation-states like Canada, the US, Spain and France, are political structures that support private entreprise and that nominally employ a representative form of government that is generally believed to be democratic. I would argue that the states I mentioned above as examples are not democratic in their essence and do not act in the interests of their populations except in rare circumstances and often tangentially at that. Of course, their main objective is to convince you that they do act in your interests. Most of us believe it because we have no knowledge basis to think otherwise.

We’ve been convinced that the key to leading a good life is to get a ‘good’ job, work hard, be frugal and buy things, as many things as possible because they are often what give our lives meaning. I’ve written about this before. Do a search of my archives. I don’t want to get sidetracked here, so I’ll move on. Suffice it to say that one major ideal in our world is the achievement of prosperity with includes good health and enough wealth to lead a comfortable, secure life.

So, what are the social consequences of the drive to achieve prosperity, especially from the perspective of those who have it? Well, the achievement of a certain level of prosperity and wealth is a major moral imperative in our world. So, if you have prosperity, you are a moral person. If you don’t, if you’re poor or somehow lacking in the trappings of wealth, you are an immoral person. It’s really just as simple as that. Yes, there are exceptions and not all of us, by any means, buy into this ideology. What I am arguing is that most of our social institutions are geared to supporting private entreprise, the pursuit of wealth, and possessive individualism. So, for example, our governments are set up to treat the poor, the homeless and those with marginal physical and mental health with disdain and as objects of derision and opprobrium. Being poor carries with it shame and guilt because a person’s poverty is a clear sign of their immorality, of their incapacity to achieve the prosperity to which we all aspire. We rub people’s noses in their poverty at all possible turns.

Human life, in our world, has little intrinsic value. The value of human life is contingent on how productive we are, how prosperous we are, how clever and smart we are. Unfortunately, those qualities are much more easily achieved for some of us than for others. We do not have equal opportunity. Racist exclusion, the marginalization of women and generational inheritance of advantage all play a role in how we ‘end up’ in life.

I’m not saying that individuals have no responsibility for how they ‘end up’. They do. But the structures of our society militate against certain groups of people making them immoral even before they attempt anything. From a start of immorality, it’s very difficult if not impossible to achieve the moral objectives of prosperity and wealth.

Of course, this is all very complex. We can discuss that if you like, but, essentially, the one thought I want to convey here is the idea that poverty in our world equals immorality. So much of how we organize the world and think of ourselves and our neighbours stems from that basic principle.

One thought on “The Trouble with Wealth

  1. Right on Roger! I’m loving these blogs.

    Jack (250) 792-4670

    On Apr 20, 2017 4:43 PM, “Roger Albert – Always a Sociologist” wrote:

    > Roger JG Albert posted: “We all want to lead the good life, but what does > ‘the good life’ mean? In our world it means to live a life in comfort, > economic and physical security and good health. It means being a moral > person. It’s hardly ever pointed out, but being a moral person i” >

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