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william clegg

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Should we view wealth hoarding as dysfunctional as any other form of hoarding?

We tend to view those who acquire and accumulate "stuff" endlessly as hoarders who are dysfunctional and requiring health care assistance. Therefore, those whose lives are an endless accumulation of wealth and who use that wealth for little more than acquiring ever more "stuff" and/or endlessly stimulating as many pleasure centers as they can as often as then can seem to fall into that dysfunctional category.

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Closing Statement from william clegg

We had quite a lively debate ensued on this topic. The majority of comments suggest that hoarding wealth is, in fact, dysfunctional and many offered insightful ways in which they saw that dysfunction being played out in the real world. They also point out that the harm caused by a wealth hoarder is generally imposed upon their community while for other forms of hoarding it is the hoarder themselves who bears the brunt of that behaviour.

There were a few who were opposed to the hoarding label and who appeared to have no problem with the endless accumulation of wealth, largely because they seem to believe that the wealth was still being invested but offered no validation of this premise. As well that seems to be a rather specious argument if all the investing does is acquire more wealth.

It was pointed out a number of times that hoarding can have very real health issues involved, both psychological and physical. However, whether those health issues are as problematic for the wealth hoarder who has estates with lots of gates, security and staff to hide behind as they are in the poor and middle class who are far more visible is uncertain. Although the number of wealthy celebrities who have overdosed on drugs and/or alcohol abuse may be one indicator.

But the most humorous comments appeared to take real umbrage with the mere suggestion that wealth was being hoarded and even employed old 20th century commie fear mongering to make their - rather dull - point. .

It seems that for the majority of contributors hoarding is hoarding and as such is as dysfunctional as other forms of hoarding but that we all experience the consequences of that dysfunction. .

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    Oct 25 2013: Are you suggesting we take the earned money from these insane people and give it to other insane people who don't have the ability to earn, or worse yet to an insane government run by insane corporations, or perhaps we should deposit it all in the account of William Clegg.
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      Oct 25 2013: As long as you make sure it goes to the right William that is :)

      However, the only assertion that can honestly be implied in the question above is that hoarding is often associated with OCD (obsessive compulsive disorder) .
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        Oct 25 2013: My observation was (forget the insane we are all insane to some degree) why would you steal wealth from people who know how to manage it and give it to people who do not. If you do not like money just stop printing it.
        Actually I like that idea, then people would have to trade services(real services) and products (real products), like timebanks!

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