What would happen if everybody knew your personal wealth?

A genius by the name of Carl Richards recently posed this question in a New York Times piece, and I can’t stop thinking about it:

What would happen, I asked, if we had to walk around with our true wealth flashing as a number above our heads? It would be the end of consumerism, he replied. Why would you need to buy something to represent wealth if everyone knew exactly what you were worth already?

 

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