As a general trend, when people have a lot of money, they buy a lot of things. Why do you need four cars? Why do you need a house with rooms you never use? Why do you buy expensive items that aren't that much better than modestly-priced items?
I honestly think the "rich" are questioning this themselves. There is a limit where its just over indulgence. Look at bill gates and the Virgin Atlantic Billionaire. They realize that money has to go back into the world to help make the planet a better place for everyone! That's a legacy that's more important then money.
I think over the next decade you will see a switch from money grubbers to people caring about each other again. The world moves in cycles. We go to extremes till we find a middle ground. At the present we have reached maximum greed and look at the state of this country because of it. Im not the only one looking around and realizing what a sad place we have created.
While you're right about cycles, greed [a characteristic of human nature] will never go away. Greed is spawned from pride, competition, and ego. After these three obstacles are demolished, only then can we defeat greed as a civilization. Sadly, these three obstacles, are what some people base their entire lives on.
Why should we care how other people spend their money? Seriously, don't we have better things to worry about? Why don't we just focus on our own lives and what we do to help the world and let greedy people just be greedy?
Agreed. The Greed will turn to ego needs IMO. I think part of the reason you see the rich working on global causes is because of the ego needs they still have.
Sadly i dont think the charity push we see is because they truly believe its its the right thing to do. Look at the celebrities that jump on the cause bandwagon begging us to donate as they sit in the mansions and live an overindulgent lifestyle. I wish i could be as self indulgent and give out money as easily as they make it seem.
People don't realize the side effects of feeding their children junk food, but McDonalds has served over a billion people. Obesity is on the rise. Life expectancies are falling.