For a long time, it has been my opinion that people under value pubic goods and over value private goods. For example, good schools, hospitals, libraries, parks and many others are really important and valuable.  One of the problems with some rich people, like those who bought condos in the missile silos of Salina Kansas, was that most of these privileged people no longer recognize the benefits–the mutual benefits–provided by the commons. They have either forgotten how important they are or they never realized it.  They really believe only private goods count. Only private goods are really good. Public goods are irrelevant.  Robert Johnson who Osnos interviewed for his  New Yorker article realized  this was not the case. He said,

“If we had a more equal distribution of income, and much more money and energy going into public school systems, parks and recreation, the arts, and health care, it could take an awful lot of sting out of society. We’ve largely dismantled those things.”

It is difficult to discern why the privileged are so fearful. What do these ultra-wealthy people have to fear? If money does not buy happiness, surely it buys security. If one thought that, one would be wrong. As Osnos reported,

“As public institutions deteriorate, élite anxiety has emerged as a gauge of our national predicament. “Why do people who are envied for being so powerful appear to be so afraid?” Johnson asked. “What does that really tell us about our system?” He added, “It’s a very odd thing. You’re basically seeing that the people who’ve been the best at reading the tea leaves—the ones with the most resources, because that’s how they made their money—are now the ones most preparing to pull the rip cord and jump out of the plane.”

In other words if people valued the common good as much as they valued their own private good, there might be a lot less anxiety.  When the über rich are so fearful it really make you wonder about the stability of the system. Do they know something the rest of us don’t know? Or it that guilt poisons their perception? Or do they just not understand what is important?

Sometimes the most. important things we have are the things that we share.