Why it’s OK to be rich?

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By Nick

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Wanting to be rich is not selfish, according to Jason Brennan’s book « Why It’s OK to Want to Be Rich. » He argues that making more money means being able to give back more to society, even for average wage earners who are productively « giving back » just by doing their jobs. Wealthy people can donate more to charity, which can have a significant impact on social issues like poverty, education, and healthcare. Brennan also believes that ambition is crucial for progress and innovation.

Why It’s OK to Want to Be Rich

There’s a common misconception that wanting to be rich is inherently selfish and immoral. However, in his book « Why It’s OK to Want to Be Rich, » Jason Brennan argues that this couldn’t be further from the truth. In fact, he believes that the more money you make, the more you’re able to give back to society.

The Productive Value of Work

One of the main points Brennan makes is that even an average wage earner is productively « giving back » to society just by doing their job. By working and earning a salary, you’re contributing to the economy and helping to create value for others. This is especially true in industries like healthcare, education, and public service, where workers are directly helping others.

But even in industries that aren’t traditionally thought of as « helping professions, » workers are still creating value for others. For example, a software engineer might create a new app that makes people’s lives easier, or a marketer might come up with a campaign that raises awareness about an important issue.

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The Benefits of Wealth

Of course, it’s not just about the productive value of work. Brennan also argues that there are significant benefits to being wealthy, both for the individual and for society as a whole. For one thing, wealthy people are able to donate more money to charity, which can have a huge impact on social issues like poverty, education, and healthcare.

But it’s not just about philanthropy. Wealthy people also tend to have more resources and opportunities, which can help them create even more value for others. For example, an entrepreneur who has access to capital might be able to start a new business that creates jobs and boosts the economy.

The Importance of Ambition

Finally, Brennan argues that there’s nothing wrong with being ambitious and wanting to be wealthy. In fact, he believes that ambition is a key driver of progress and innovation. Without people who are willing to take risks and push the boundaries, we wouldn’t have many of the technological and societal advancements we enjoy today.

Of course, there are some who argue that ambition can be taken too far, and that the pursuit of wealth can lead to greed and selfishness. However, Brennan believes that these are the exceptions rather than the rule. Most people who are ambitious and successful are also generous and compassionate, and use their wealth and influence to make the world a better place.

In Conclusion

Ultimately, Brennan’s book is a powerful argument for why it’s not only OK to want to be rich, but why it’s actually a good thing for society as a whole. By creating value through our work and using our wealth to make a difference, we can all contribute to a better world.

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So if you’re someone who dreams of being wealthy, don’t let anyone tell you that it’s wrong or selfish. Instead, embrace your ambition and use it as a force for good. Who knows – you might just end up changing the world.

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