Plutophobia, also known as plutomania, is the fear or extreme dislike of wealth or wealthier individuals. This phobia is often rooted in feelings of envy, resentment, or inadequacy towards those who are perceived as having more money or a higher social status.
People with plutophobia may feel anxiety, anger, or even physical symptoms such as sweating or palpitations when confronted with symbols of wealth or success. They may avoid social situations or relationships with wealthier individuals, and may have negative beliefs or stereotypes about wealthy people.
It is important to note that plutophobia is not officially recognized as a specific phobia in the Diagnostic and Statistical Manual of Mental Disorders (DSM-5), but it can still have a significant impact on a person's social and emotional well-being. Treatment for plutophobia may involve therapy, cognitive-behavioral techniques, and addressing underlying issues of self-esteem or insecurity.
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