The M Society

WashingtonPost

Nobel Prize-winning behavioral economist Daniel Kahneman has found, however, that being wealthy is often a powerful predictor that people spend less time doing pleasurable things, and more time doing compulsory things and feeling stressed.

People who make less than $20,000 a year, for example, told Kahneman and his colleagues that they spend more than a third of their time in passive leisure — watching television, for example. Those making more than $100,000 spent less than one-fifth of their time in this way — putting their legs up and relaxing. Rich people spent much more time commuting and engaging in activities that were required as opposed to optional. The richest people spent nearly twice as much time as the poorest people in leisure activities that were active, structured and often stressful — shopping, child care and exercise.

Kahneman and his colleagues argued that many people mistakenly allocate enormous amounts of their time and psychological focus to getting rich because of a mental illusion: When they think about what it would mean to be wealthy, they think about how enjoyable it would be to watch a flat-screen TV set, play lots of sports or get a lot of pampering — our stereotypical beliefs of how the rich spend their time.

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People want to be rich. They like to be rich. Why? Part of the reason is that being a richie, they can use their fortune to get what they want.

Rich people can have lots of things, including those really expensive one. This is the impression people have on rich people. Poorer people who want to be rich imitate the rich ones. They buy things rich people own. They use things rich people use. They talk like rich people. They try to act like rich people.

Don’t Act Like A Richie, Be A Richie

The difference between wealthy people and poor people is not because of the things they use, eat or wear. It is their behavior that makes them either rich or poor. You imitate wealthy people doesn’t mean you are doing what they are doing. Remember this, wealthy people buy things they can afford. If you buy luxury things you can’t afford, and thinks that wearing a fine suite makes you a rich person, you are totally wrong. This proves that you act like a poor.

Prepare For The Future

Savings is essential path to become rich. As previously said, don’t spend what you can’t afford. That only brings you in debt, and you might be haunted by debts in a really long time. Invest in your future. Education is a really important thing. Always prepare to accept new things, and learn new stuffs. Don’t keep what you learn in your head only. Apply them! Use what you learnt.

Being rich is really easy.

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You know you are unique.  You know you are going to be successful.  You know you are going to be rich.  You know you can be richer than other people.  But do you know that many other people have the same thoughts like you?

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I just saw an interesting question asked in Yahoo! Answers.

now i am a poor boy and i just want to get more money, that’s not joke i’m serious with that so please inform me something best for me

What is rich?  I define the term “rich” as have a quality of life which is better than others.

From his question, I guess what he wants is just earning more money than people in his neighbourhood.  I had been asked an interesting question.

World A, you earn $100,000 and richer people earn $200,000.

World B, you earn $90,000 and poorer people earn $50,000.

World A is a developed world, and you are considered as poor in that society.  World B is not so developed, but you are in the top class of that society, but then you earn less than when you are in World A.  Which would you choose?  Most people will choose to stay in World B.

There are several answers given in Yahoo! Answers, and this are some of the quotes from them.

mister ed, “in your basic question i think you wanted to use “in a” instread of “at” == there is a saying in the land of the blind a one eye man is king — which means look around and learn from the ones who have made it — example if you are a helper on a dump truck — what does it take to be the driver — if you are the driver what does it take to be the owner!!!!”

pablo M, “you can either work hard or do what rich people do…take advantage of the poor people”

Laura, “Don’t fall for society’s trap of the “rich get richer and the poor get poorer” by wasting money & going into debt trying to prove yourself with the latest cellphone, car, sneakers, whatever. The truly rich have NOTHING to prove and the millionaires I’ve met…well, I couldn’t tell they were millionaires until on down the road ( I worked for a bank). They have nice clothes, houses and cars, but nothing too flashy. The people trying to prove they had money and didn’t…those were the ones with the newest and best.”

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Why Living in a Rich Society Makes Us Feel Poor:

Put the question another way, however, and we seem a little less certain. Consider a choice between these two worlds:

World A: You earn $110,000 per year, others earn $200,000.

World B: You earn $100,000 per year, others earn $85,000.

Robert H. Frank is a professor at Cornell University and the author of “Luxury Fever.”

The income figures represent real purchasing power. Your income in World A would command a house 10 percent larger than the one you could afford in World B, 10 percent more restaurant dinners and so on. By choosing World B, you’d give up a small amount of absolute income in return for a large increase in relative income.

Which would you choose?

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The building of this site (The M Society not Them Society) was inspired by the concept of M-shape Society observed by Kenichi Ohmae, a Japanese business strategist and writer.

What is ‘M-Shape Society‘?

In a well-developed modern society, the distribution of classes is in a ‘normal distribution’ pattern, and the middle class forms the bulk of the society.

However, in the emergence of the ‘M-shape society’, the middle class in the society gradually disappeared. A very few people in this middle class may climb up the ladder and squeeze into the upper class, while the others in the middle class gradually sank to the lower classes.

These people experienced a deterioration in living standard. They may face threat of unemployment, or their average salary are dropping. Gradually, they can only live a way the lower classes live: e.g. take buses instead of driving their own car, cut their budget for meals instead of dining at better restaurants, spend less in consumer goods…

There may be still remarkable progress in economic development, the GNP may still rise, there may still be economic growth, and the national average salary may still rise. However, the wealth increase in this growth may concentrate in the pockets of the very few rich people in the society. The masses indeed cannot benefit from the growth, and their living standard is on the decline.

What was worse, the upward social ladder seems to have disappeared - opportunities and fair competition become fewer and fewer. People in the lower class can no longer climb up the ladder: they cannot earn a high-paid job or have stable employment, even if they have a high level of education. The places in the upper class were reserved by the upper class for their descendants.

This site is to observe whether the riches become richer, the poors become poorer. Is it possible for the rich to become poor, or the poor become rich?

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