This paper demonstrates that mere exposure to luxury goods increases individuals’ propensity to prioritize self-interests over others’ interests, influencing the decisions they make. Experiment 1 found that participants primed with luxury goods were more likely than those primed with non-luxury goods to endorse business decisions that benefit themselves but could potentially harm others. Using a word recognition task, Experiment 2 further demonstrates that exposure to luxury is likely to activate self-interest but not necessarily the tendency to harm others. Implications of these findings were discussed.
I'd like to think that if I ever became rich to the point where money actually wasn't any longer a concern for me during my lifetime, I'd continue living pretty much as I have all my life thus far. Sure, I might not be driving a car that's nearly on its last legs, and I might have a few more gadgets around the house and maybe some clothes which aren't all 5 years old... but otherwise, I'd really want to just continue as I do. I like my rather unpretentious life, and can't imagine what I would do with a bigger house full of rooms I don't use, or a garage full of cars, or a bunch of new friends who didn't "know me when" and wouldn't care to know me if I didn't have the money.
Maybe a small workshop space for projects.
At what point do youthful friendships become strained due to the differences?
When you become very rich do you always pick up the check with your old friends? Do you begin to feel used?
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