Study: Wealthy are less ethical than the poor

February 28, 2012 9:07:38 AM PST
A new study turns a belief on its head that poor people are less ethical.

UC Berkeley researchers say wealthier people are actually more likely to cheat, cut other drivers off, pocket extra change and even take candy from children. Researchers theorize it has to do with social bonds. The rich have financial resources and are less dependent on social bonds for survival - therefore, they're guided by self-interest and worry less about breaking the rules.

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