         Wealthism describes a set of attitudes directed at the wealthy by the nonwealthy. "Wealthism includes those actions or attitudes that dehumanize or objectify wealthy people, simply because they are wealthy. The main attitudes of wealthism are envy, awe, and resentment. . . . Wealthism differs from the other 'isms' in that racism and sexism are perpetrated by those who have power, whereas wealthism is directed at those who have power."
- Joanie Bronfman, The Experience of Inherited Wealth: A Social-Psychological Perspective |
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Wealth Counseling:
A Guide for Therapists and Inheritors
G E N E R A L C L I N I C A L I S S U E S
p a g e 1
Inheriting wealth can and should be empowering. The gift of wealth is a valuable resource that may be used to live a fulfilling, integrated and productive life. However, the experiences of growing up with and inheriting wealth are frequently traumatic. Therapists often see inherited-wealth clients who exhibit the damage caused by trauma, such as disorientation, personality fragmentation, depression, anxiety disorder and post-traumatic stress disorder. These traumatic patterns can intensify with each succeeding generation that passes on family wealth.
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