Posted by: Matthias Paul Kuhlmey
Growing up in a rather standard middle-class family never made me ponder the social divides in the world. In fact, the rich did not seem to be so much different, which in my case could have been attributed to the German “northern charm” (dedicated modesty, regardless of status). More serious wealth, on the other hand, was often the result of multi-generational family endeavors and quite commonly accepted. Today, the distinction is far more difficult. Not only is the gap between the “haves” and others widening materially, but cheap money and credit often serve as a basis for perceived wealth. Entire cities seem to have become a “playground” for the super wealthy (see my previous entry,From Mayfair to Boardwalk), and, at least according to the “Rich Kids of Instagram,” it is also cool to shove your “good life” in everyone’s faces. While this may not be the ideal forum to delve into the socioeconomic complexities of a divided world (which I continue to view critically) or my “northern charm” kind of wanting to push some of these Insta-kids around, it is nevertheless important to discuss the notion that the rich are becoming richer—much richer.
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