New research suggests if you're rich and privileged you're more likely to be mean and stingy rather than generous and nice. (iStock)
Why the spectre of the unrepentant Scrooge stands behind so many wealthy people.
Common sense would suggest the wealthier a person is -- the easier it would be to be generous. And philanthropists such as Bill Gates and Warren Buffett suggest billionaires are benevolent.
• How Wealth Reduces Compassion --Scientific American
Today, as part of our Project Money, we're looking into new research -- that suggests the opposite is typically true: as wealth accumulates, empathy, compassion and generosity decline.
Paul Piff is a social psychologist and post-doctoral scholar in the Psychology Department at the University of California, Berkeley.
What relationship do you believe exists between wealth and compassion, wealth and self-interest?
This segment was produced by The Current's Kristin Nelson.
Strange Answers to the Psychopath Test
Journalist Jon Ronson had his own theory about what makes the rich seem manipulative, deceitful and non-empathetic. In his book The Psychopath Test, he writes about visiting one legendary CEO and asking the kind of questions psychologists ask when probing diseased minds.
Here is Jon Ronson at a TED talk last year with his thoughts on the psychopath test: