Why the politics of envy are keenest among the very rich | George Monbiot | Comment is free | The Guardian

Why the politics of envy are keenest among the very rich | George Monbiot | Comment is free | The Guardian

• As the immensely rich HL Hunt commented several decades ago: "Money is just a way of keeping score."
• In their interesting but curiously incomplete book, How Much is Enough?, Robert and Edward Skidelsky note that "Capitalism rests precisely on this endless expansion of wants. That is why, for all its success, it remains so unloved. It has given us wealth beyond measure, but has taken away the chief benefit of wealth: the consciousness of having enough ... The vanishing of all intrinsic ends leaves us with only two options: to be ahead or to be behind. Positional struggle is our fate."
• Four possible conclusions could be drawn. The first is that inequality does indeed encourage people to work harder, as the Skidelskys (and various neoliberals) maintain: the bigger the gap, the more some people will strive to try to close it. Or perhaps it's just that more people, swamped by poverty and debt, are desperate. An alternative explanation is that economic and political inequality sit together: in more unequal nations, bosses are able to drive their workers harder. The fourth possible observation is that the hard work inequality might stimulate neither closes the gap nor enhances social mobility.