Explain what is meant by saying “money subverts objectivity.” Give a real world example.
Explain what is meant by saying “money subverts objectivity.” Give a real world example.
Homework Answers
This means that money makes people behave irrationally. When dealing with money matters, individuals are expected to behave rationally and make objective decisions. However, in real life, they do not so. This is what is meant by “money subverts objectivity.”
For example, a rational individual would be expected to avoid buying lottery tickets because the probability of winning is extremely low. However, the hope of winning, however small the probability, still makes millions of individuals buy lottery tickets. These individuals are not behaving in an objective manner.
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Explain what is meant by saying “money subverts objectivity.”
Give a real world example.
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