Old Money Trumps New Money: Understand how Old Wealth Works

In the movie "Great Gatsby" in 1974, big wigs of the 1920s gathered their money in that era, and they always had more advantages than the poor and the people who just started their wealth It was. The advantage is that they well protect their "property". At the beginning of the movie, Nick Callowe was sitting with Tom Buchanan, a wealthy man born who inherited his money from home; Tom Daisy and a determined epidemiologist said to Nick, "The rise of the colored empire "I told Nick to read a book by Lothrop Stoddard entitled" Rothrop Stoddard "and to ensure that the rich should ensure that white people rule all other races.

"The Great Gatsby" represents three different social classes. Courses (George and Myrtle Wilson) called "old money" (Tom and Daisy Buchanan), "new money" (Gatesby) and "no money" The wealth of the "old money" family dates back to the 19th century, There is a tendency to establish strong influential social relations and hide their wealth and benefits behind politeness. The "New Money" curriculum had a unique fate during the boom of the 1920s, so there was no social relationship and there was a tendency to overcompensate the lack of this luxury wealth.

The American society has historically distinguished "old money" (which is inherited from one generation to the next) and "new money" (wealth to build yourself with you earning). Although the two types of net worth may be the same, they traditionally have different social positions. People of old money who have been sitting in the upper class for generations have enjoyed high fame. Their families make them sociable to understand the customs, norms and expectations of riches. Usually, very wealthy people are not working at wages. Some people become lawyers to learn business or manage family wealth. Other people like Paris Hilton and Kim Kardashian use rich social circles to transform them into celebrity status and show off their rich lifestyle