My dad’s story of wealth accumulation – the way he tells it – is straightforward, honest, and true to his experience. It also could have been ripped verbatim from the pages of the Resource Generation book Classified (check out the bibliography at the end of this zine); specifically the chapter on money stories, which describes some of the myths and archetypes that go into creating ruling-class ideology. Karen Pittelman, the author of Classified, writes,
…the majority of the money stories begin to take on a strange similarity to each other. They focus on one person, often a man, and they center on how his hard work, intelligence, ingenuity, willingness to take risks and temerity lead to eventual financial good fortune. While the details of each story vary, the same plotlines – even the same phrases – occur again and again: “pulled himself up by the bootstraps,” “wise investor,” “rags to riches,” “worked day and night,” “never took a handout,” and “self-made man.”
My dad’s story is a lot like this. It can be hard to talk about the oppression that is linked to wealth accumulation for him personally, because of course he doesn’t see himself as an oppressor. He’s a liberal. He sees his wealth as having been acquired basically in a vacuum....
To write the heir into the story. What dramatic gesture, what search, what quest? And how should financial advisors or family wealth therapists help the heirs weave themselves into the fabric of capitalism? Punk philanthropist (as he NYTimes called him) Tyrone ain't buyin' it. Maybe he has not had the benefit of a Dynastic Family Wealth Counselor. "Tyrone, your father has hired me to help you with discernment, but if you front me another $10,000, I will turn the tables and work with him on his discernment, instead. How much cash do you have on you? I could do the values cards with him or with you. Or with both. It makes no difference to me, as long as your check clears. I am here to serve."