“The Occupy Wall Street movement was a good one and had some important things to say about income inequality but it singled out the 1% as something negative,” said Jamie Traeger-Muney, a wealth psychologist and founder of the Wealth Legacy Group. The media, she said, is partly to blame for making the rich “feel like they need to hide or feel ashamed”. Traeger-Muney runs a global business and specializes in working with inheritors, who often get a bad reputation in the press. “Sometimes, I am shocked by things that people say. You would never refer to another group of people in the way that it seems perfectly normal to refer to wealthy people.”
How does the media affect rich people, according to Traeger-Muney?
It makes them feel like they should be ashamed about their wealth It makes them hide their shame about being rich It makes them develop negative feelings towards movements like Occupy Wall Street It makes them want to give some of their money to others