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Compulsive Wealth Hoarding Drives U.S. Inequality and Political Influence

Psychologists say the wealthy’s hoarding syndrome has been empowered by Supreme Court decisions that equate money with speech.

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Overview

  • Roughly 2–5% of Americans suffer from hoarding syndrome, which in ultra-rich individuals manifests as a compulsive addiction to amassing wealth and steering policy.
  • The Supreme Court’s Bellotti (1978) and Citizens United (2010) rulings redefined corporate spending as protected speech, deepening billionaire influence over elections and legislation.
  • Since the Reagan era, about $51 trillion has shifted from working-class Americans into billionaire hands, coinciding with stagnant wages and weakened public programs.
  • Almost 30 million Americans lack health insurance, 43% are underinsured and 44% carry student debt, illustrating how social services have eroded under concentrated wealth.
  • Ongoing corruption scandals involving former President Donald Trump underscore how affluent figures exploit political connections to evade oversight and shape policy.