Rethinking Personal Wealth: Taboos and Transparency

Hugh Taft-Morales

Leader, Philadelphia Ethical Society

Many Americans feel there is something deeply wrong with the staggering wealth inequality in the United States. Those who seek collective solutions often promote progressive taxation and government support for those on the lower rungs of our economic ladder, but few people feel comfortable even discussing their personal wealth. Should we challenge taboos that shut down candid conversation? Would more transparency promote greater personal responsibility for managing wealth? How might organizations like Resource Generation and Patriotic Millionaires help guide us?

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