Wealth doesn't automatically add blinders to people but it can help them along. Once they become comfortable they get used to living on a cloud and can become desensitized to the rest of the world.
This is basic human nature.
My friend Sylvie went recently to the lakefront cottage of her cousin where she noted how many of the people there were into possessions and the fruits of their wealth. Many of the conversations centered around what rich people do without much thought for how others live which stayed with her afterwards.
Here is the argument for taxing the rich (which used to be basic policy in the US in the 1950's). If you don't do it their own natural instinct will be to avoid them once they have achieved a certain societal echelon. It's why trickle down economics is a fallacy and always was.
There is absolutely nothing wrong with being rich provided your feet stay firmly planted on the ground and in reality. There is also the point that there is such a thing as having too much of it.
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