EA - Ashamed of wealth by Neil Warren

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Welcome to The Nonlinear Library, where we use Text-to-Speech software to convert the best writing from the Rationalist and EA communities into audio. This is: Ashamed of wealth, published by Neil Warren on March 17, 2024 on The Effective Altruism Forum.tl;dr: I feel ashamed of being born into wealth. Upon analysis, I don't think that's justified. I should be taking advantage of my wealth, not wallowing in how ashamed I am to have it.I'm a high school student in France. I was born into a wealthy family by most of my classmates' (and of course the world)'s standards. In France, there's a strong social incentive to openly criticize wealth of any kind and view people richer than oneself with a particular kind of disdain and resentment. I imagine a majority of people reading this are from Silicon Valley, which has a radically different view on wealth. (I grew up in Mountain View, then moved to France at age 12.The cultural differences are striking!)I'm rich, and it would be foolish to deny that I feel ashamed of this on some level. Friends will mention how rich I am or talk about how expensive eg university is and I will attempt to downplay my wealth, even if it means lying a little (I am not proud of this). I notice myself latching onto any opportunity to complain about the price of something. "Ah yes the inflation, bad isn't it (ski trip will cost a little more this year I guess)."This feeling of guilty wealth got worse when I learned how cheap mosquito nets were.Since dabbling in effective altruism, I started noticing the price of things a lot more than I used to.[1] I became sensitive to how my family would spend things and would subtly put us on a better track, like by skipping desserts or drinks at expensive restaurants. My parents continually assure me that they have enough money put aside to pay for any university I get into. They would be irate if I intentionally chose a relatively cheap university for the sake of cheapness.I'm going to find this warning hard to heed given how much money we're talking about.So my guilt translates into a heightened price sensitivity. But is this guilt justified at all?The subagent inside me in charge of social incentives tells me I should be ashamed of being rich. The subagent inside me in charge of being sane tells me I should be careful what I wish for. If being rich is bad, then that implies being less rich is better, no? No? Stephen Fry once noted that in all things, we think we're in the Goldilocks zone. Anyone smarter than us is an overly intellectual bookworm; anyone stupider is a fool.Anyone richer than us is a snobby bourgeois; anyone poorer is a member of the (ew) lower class.But that's stupid. If I could slide my IQ up a few points, of course I would. If I could have been born richer, I would have. I should try not to have that disdain for those richer than oneself which society endorses. Sometimes, my gut pities this kid in my class who has an expensive watch and drives a scooter to school from his mansion one block away because it makes him feel cool. He's a spoiled brat in most senses of the word, which is reason to pity him. But my gut pities his wealth.Yet, if I could pick to have his wealth I would unquestionably do so, even when that is not the socially approved response.More money is more good: that's a simple equation I can get behind. Were my parents a little richer, it might be 100 euros a month going to AMF instead of 50. [2] One should be wary of learning the long lessons from spoiled brats.Another reason not to feel ashamed at being rich is that it's not my money. I didn't choose to be born rich. My parents are the ones deciding what to do with it. This doesn't absolve me of all responsibility: whatever uncomfortable and terribly cliched[3] conversation I could have with them tonight in order to get them to spend more on mosquito nets is a small price compared to that paid by children infected with malaria.I have a disproportionate amount of influ...