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Money can buy you a lot of nice things, but what about when its power goes beyond the ability to purchase a penthouse or a Porsche? When money allows us to buy non-material goods – such as status, power, or personal advancement – how does it change the way we look at ourselves and how we decide to spend our days? In this episode of the In-House Ethicist, John Paul Rollert draws on a wide array of economists and philosophers to explore what it means to live in a world where money can seemingly buy everything. He considers not only how this changes our understanding of non-material goods, like honor and self-esteem, but also how it shapes the stories we tell ourselves about what really constitutes our self-interest.
By John Paul RollertMoney can buy you a lot of nice things, but what about when its power goes beyond the ability to purchase a penthouse or a Porsche? When money allows us to buy non-material goods – such as status, power, or personal advancement – how does it change the way we look at ourselves and how we decide to spend our days? In this episode of the In-House Ethicist, John Paul Rollert draws on a wide array of economists and philosophers to explore what it means to live in a world where money can seemingly buy everything. He considers not only how this changes our understanding of non-material goods, like honor and self-esteem, but also how it shapes the stories we tell ourselves about what really constitutes our self-interest.