If I have understood it correctly and the analysis is sound - on neither of which points am I (being in haste) sure - then according to this lots of rich people don't realize they're rich. That is in the US, and rich is set at household income of $250,000 (= 150 grand sterling, give or take) and above. Apparently, many 'upper-income people don't realize they're upper income'. The reason they don't is that they situate themselves relative not to the great number of people poorer than they are, but to the small number of people very much richer than they are - the super-rich - and they 'conclude they're in the middle'.
It being my hypothesis that people rich to this 'middling' extent are no less intelligent on average than anyone else, a question arises at to what might be blocking the ability to understand the degree of their own good fortune, their comparative wealth, amongst those who do fail to understand this. Could it be that some stigma today attaches to the description 'rich' where others are poor? If so, this might be evidence of some progress made by egalitarian ways of thinking. Just a thought.
