My daughter asked me this. How would you explain wealth inequality to a 12-year-old?
For context: ex-wife cheated on me and married this extremely wealthy Chinese guy. Crazy wealthy as in entire apartment building in Beijing’s CBD and a mansion out in the Shunyi district as his “main residences”. Daughter lives in China with my ex-wife, her husband and his son. Daughter lives with me during school breaks / holidays.
Comparing people is unhealthy and the road to depression. It’s easy to imagine something we don’t like about ourselves that we cannot change, no matter how much money we have.
Money breeds resentment and invites corruption. Whenever we introduce money into a relationship, it imperils friendship and creates conflicts of interest. Money cannot buy your love. People who love money are ugly, no matter how good they look.