Monday, May 16, 2011

Racists Don't Like Capitalism

Arthur Brooks et al have argued that conservatives give much more to charity than liberals, especially charities meant to alleviate poverty. This makes sense because liberals endorse government provisions and conservatives endorse private provisions.

In a related topic, research found that racists tend to oppose free market capitalism. Racists also favor economic redistribution. Redistributionists were found to be 2-3 times more likely to be angry or sad (and twice as likely to be more angry than their counterparts) while anti-redistributionists were 2-4 times more likely to be happy or calm. Also, both "redistributionists and anti-capitalists expressed lower overall happiness, less happy marriages and lower satisfaction with their financial situations and with their jobs or housework.” Anti-redistributionists are more likely to behave altruistically and more likely to donate to charities - except that redistributionists were more likely to give to homeless people.

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