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Cheat, lie, break the law? Chances are, youre rich
Key Excerpts from Article on Website of Globe and Mail (One of Canada's leading newspapers)
Posted: March 6th, 2012
http://www.theglobeandmail.com/report-on-business/cheat-lie-...
The wealthy really are different from everyone else: Theyre more likely to cheat, lie, and break the law. At least thats the unflattering conclusion of a team of professors from the University of Torontos Rotman School of Management and the University of California, Berkeley, who ran a battery of tests involving more than 1,000 people, seeking to answer the question of whether being rich or poor influenced ethical behaviour. In results from seven separate studies, they found a consistent tendency among those they termed upper-class to be more likely to break the law while driving, take valued goods from others, lie in negotiations, cheat to increase their chances of winning a prize and endorse unethical behaviour at work. The reason for the ethical difference was simple. Wealthier people are more likely to have an attitude that greed is good. At first glance, it might seem more likely that poorer people would be more tempted to cheat or break the law, in order to improve their lot in life. But a growing body of research is coming to the opposite conclusion that its people at the top of the income scale for whom honesty, integrity, and generosity seem to be a challenge. In the United States, for instance, despite the perception that the rich are great philanthropists, data show that upper-class households donate a smaller proportion of their incomes to charity than do lower-class families. Other research has found that those who are well off have a reduced concern for others.
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