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America's love/hate relationship with the rich

June 18, 2014

Most of us are concerned about inequality and aren't inclined to respect someone just because they have money. But we also love the self-made millionaire -- the entrepreneur who got rich by their own smarts and hard work.

Why we love 'em

"Americans are fascinated by the rags-to-riches idea," said Kim Weeden, director of the Center for the Study of Inequality at Cornell University. "There's this perception that anyone can do it, and if you can't, you're lazy or damaged."

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Source: 
CNN Money