People with less Money share more WEALTH

Are you the one who is always up to help the people around you or always share what you have got then there is a probability you are less financially sound, discovery revealed.  A team of researchers from Queen Marry University London carried out a social experiment to explore the degree to which wealth can impact a person’s ability to be generous.

Higher status individuals in which wealth was achieved through chance or effort, appeared to the be key factor determining the level of cooperation observed.  People who had earned their money through their own efforts had a greater probability of wanting to keep it for themselves, those of a lower status were more likely to work with others in order to increase their wealth.

People who have limited status have a obvious strategic way to increase it is through cooperation, even if a person is acting cooperatively there is no reason to think this is purely for altruistic reasons.  More surprising finding is that empathy has next to no impact on promoting social behavior. Earlier there were claims that empathy is the glue that binds people to act socially. What we show is that when money matters, empathy plays virtually no role in improving pro-social behavior.