Yeah, I never understood that one. I am not obscenely wealthy, but I’ve gone the opposite direction. I make combined over 200k between myself and my wife, and im more left leaning than I think I’ve ever been at any point in my life.
I was in the same boat (though I made some changes a few years ago that reduced my income in order to improve my quality of life). There’s a huge gap between a houshold income of $200k/year and the life of billionaires, for whom $200k isn’t even the interest on the interest.
It’s a vibe, not an actual analysis of political economy.
People don’t magically change their worldview because they have more money, but a person’s economic relationship (e.g. owning a business, or being an employee) will guide their class interests - someone like Rowling who primarily makes money from ownership rather than work will materially benefit from conservative economic interests. And since capitalism rewards profit over social contribution, those of the business owners who don’t care about other people enough to sacrifice profitability are (generally) more able to build wealth, so there are more right-wing types in mega-wealthy circles, not simply because they have wealth (this also includes those feigning left-wing ideals, like rainbow capitalism and philanthrocapitalism, to exploit real social movements for reputation and profit).
This Wikipedia page gives a quick rundown of how a person’s politics and their role in the economy intertwine, although it’s probably more useful to learn the concept through pamphlets or books which provide historical evidence, examples and related concepts. My recommendation - Not pointlessly academic or dated, relatively general, has nice and neat chapters for specific questions.
Yeah, I never understood that one. I am not obscenely wealthy, but I’ve gone the opposite direction. I make combined over 200k between myself and my wife, and im more left leaning than I think I’ve ever been at any point in my life.
Well, to put it bluntly, 200k is nice, but it’s not the wealth they are taking about.
I was in the same boat (though I made some changes a few years ago that reduced my income in order to improve my quality of life). There’s a huge gap between a houshold income of $200k/year and the life of billionaires, for whom $200k isn’t even the interest on the interest.
It’s a vibe, not an actual analysis of political economy.
People don’t magically change their worldview because they have more money, but a person’s economic relationship (e.g. owning a business, or being an employee) will guide their class interests - someone like Rowling who primarily makes money from ownership rather than work will materially benefit from conservative economic interests. And since capitalism rewards profit over social contribution, those of the business owners who don’t care about other people enough to sacrifice profitability are (generally) more able to build wealth, so there are more right-wing types in mega-wealthy circles, not simply because they have wealth (this also includes those feigning left-wing ideals, like rainbow capitalism and philanthrocapitalism, to exploit real social movements for reputation and profit).
This Wikipedia page gives a quick rundown of how a person’s politics and their role in the economy intertwine, although it’s probably more useful to learn the concept through pamphlets or books which provide historical evidence, examples and related concepts. My recommendation - Not pointlessly academic or dated, relatively general, has nice and neat chapters for specific questions.