Tuesday, September 22, 2015

Elite emphasize efficiency over equality when distributing resources, study suggests

This comports with the studies that find that CEOs are in the top ten professions with the highest percentage of psycopaths.

http://www.eurekalert.org/pub_releases/2015-09/aaft-eee091415.php

Public Release: 17-Sep-2015
Elite emphasize efficiency over equality when distributing resources, study suggests
American Association for the Advancement of Science

A new study suggests that the wealthy, well-educated elite tend to be less fair-minded and more prone to efficiency when distributing resources, compared to the broader public. Furthermore, how the elite population distributes resources can be reflective of future career choices, the study says; those who prefer efficiency over equality are more likely to work in the corporate sector. In recent years, growing economic equality in America has spurred interest in understanding the attitudes and behaviors of the elite, a small population with a large impact on the future of the country.

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The authors followed up with the YLS group upon their graduation to learn of their career choices, and noted that YLS subjects who chose careers in the nonprofit sector were significantly more likely to lean towards equality, while those in the corporate sector preferred efficiency. The authors suggest that the distribution tendency of the elite, who are more likely to be policymakers, may explain the "muted" policy response to increased income inequality in the United States.

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