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by bejar37 5082 days ago
The interesting point that I got from this article is that the old aristocracy had a sense of responsibility to society and acknowledged the fact that they were privileged. Now that we're in a society where people tend to not think of themselves as wealthy or privileged, how does this self-ignorant meritocratic elite know that they do have a responsibility?
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Is there any objective indicator (or "proxy") for this sense of responsibility? I'm thinking there isn't, but maybe someone can suggest measures that show it.

I can offer a specific counter-example: http://www.slate.com/articles/business/the_dismal_science/20... Looks like someone on the inside of the CIA's coup-planning process made a killing in the stock market, as well as in Guatemala. That's not aristocracy with a sense of responsibility, it's cold hearted money grubbing.

It is the way the aristocracy has made money for centuries (stealing it, since they couldn't make it themself).

But the fact that his wealth is stolen may make him more caring of his subjects, knowing that he didn't deserve his fortune, and so they may not deserve their misfortune, whereas someone who build themself up from nothing may very well look down on these people as lazy.