It depends upon which 'rich' you are talking about, The inherited wealth rich tend to be socially quite liberal. They didn't earn their money. Those who did earn their money and who are rich tend to be libertarian/conservative.
Carl Hayden,
That is one of the most "right on" things anyone has ever said on this forum. Amen.
How do you know this? Do you know a lot of old money people. Where I live, all wealthy people are very conservative, regardless of how long they've had their money.
First, I earlier cited sources. Systematic data is atypical examples.
Second, yes I do know some 'old money' people. Like any group they are not all in agreement, but they generally tend to favor 'liberal' positions on social issues.
Third, I really don't understand why liberals insist on using terms like "all." I really doubt that "all" wealthy people where you live are very conservative. But then, this may be a terminological matter since to some those who don't admire Pol Pot are by definition "very conservative." So, if this is typical of your definition of "very conservative," then I guess it is possible that ALL the wealthy people in your area are "very conservative."
Ok, you got me on a technicality. I'm sure that somewhere there is a liberal wealthy person in Memphis. What I should have said is that they are extremely rare. I think what is generally true about rich people, both new and old money, is that they are so caught up in their money that they don't give a damn about social issues. However, this does not make them liberal (or conservative.) It just means they don't care, and are therefore more likely to be permissive.