Increasingly, disvalues appear as the principal output of the economy, and the production of goods and services as the means to prevent being injured by these disvalues.
Ivan Illich, Whole Earth Review 73 (Winter 1991)
“How Much a Dollar Really Cost”
1) Money is a substitute where human connection fails.
I’ve been tracking research on wealth and bad behavior for years…it confirms a bias of mine (more on that below)…but there’s a matching flip side. Something that surprised me.
An aside in a marketing course pointed me to research: folks that feel socially isolated will pursue a riskier investment strategy. The working hypothesis is that the accumulation of money is being used to compensate for a lack of community and connection.