Effects of perceived poverty.

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Lance Kennedy
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Effects of perceived poverty.

Postby Lance Kennedy » Mon Oct 23, 2017 11:12 pm

Perception is often more important than reality. This is most definitely true for poverty.

The following is mostly taken from a book review of Professor Keith Paine (University of North Carolina) with the title "The broken ladder : How inequality affects the way we think, live and die. "

Today, most people live lives that would not have been dreamed of in the past, with wealth that is amazing. Yet there are plenty of people who think themselves poor, and that perception has a lot of effects, mostly harmful. The nation's with the biggest gap between rich and poor are Chile, Mexico, and the USA. Those relatively poor are strongly affected by their image of themselves as disadvantaged. Income inequality correlates strongly with life expectancy, health, murder and violent crime, school dropouts, obesity, risk taking and more. People who see themselves as poor will .....

1. Be less responsible about their own health. Smoking, failing to exercise, drink to excess, and have a poor diet. Early death is common.
2. Be less conscientious at work. After all, if the big boss gets the money and leaves you the dregs, why should you bust your boiler?
3. Be more stressed. This includes a range of objective stress markers, such as cortisol and adrenaline levels and markers showing inflammation is occurring.
4. Have more children, and have them earlier. Even to the extent of girls going through puberty earlier. This may be Darwinism at work, in response to a potential early death.
5. The opposite for perceived wealth. Those who see themselves higher on the ladder are more likely to act selfishly, even to something as weird as cutting people off when changing lanes in a car. Men are more likely to be sexually aggressive to the point of sexual molestation. They have an unreal expectation of how attractive they are to women and may falsely believe that women enjoy their horrible attentions. Like Trump.
6. Those who see themselves as poor are more likely to adopt religion. Those who believe in the literal truth of the bible are more likely to perceive themselves as low on the ladder.

Big companies that pay large salaries to their top managers may be inadvertently sabotaging their own business. This is because the workers who see themselves as being screwed may act in damaging ways. Even to the point of deliberate sabotage, but more often by slacking off and taking sick leave when not sick. Productivity suffers.

It appears that national action to reduce the wealth gap may be the sensible thing to do.

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Re: Effects of perceived poverty.

Postby bobbo_the_Pragmatist » Tue Oct 24, 2017 5:59 am

Deliberate sabotage is what the overpaid exec's do to boost the value of THEIR stock options.......often at odds with the longer term interests of the companies that gave them golden parachutes.

Glad you came around at the end of your post. Early listing of issues was on thing ice: Low income = poorer neighborhoods = inferior education = less knowledge re health care issues = lower life span.

Everything is connected to everything else including wealth disparity and attitudes that develop therefrom.
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TJrandom
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Re: Effects of perceived poverty.

Postby TJrandom » Tue Oct 24, 2017 7:17 am

Deliberate sabotage - probably why many firms make it a firing offense to disclose your salary or try to find out the salary of others.

Also - there is `poor mindset` and `poor but mentally an achiever`.


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