[GreenYes Archives] -
[Thread Index] -
[Date Index]
[Date Prev] - [Date Next] - [Thread Prev] - [Thread Next]
Juxtaposed with the fact (excerpt below) that the pursuit of the wealth doesn't make us happy (at least after the basics are attended to), how do we reconcile that with the fact that the political will does not exist to address global warming because it would reduce out "standard of living" ... and to what frightening depths, perhaps to the way we lived in 1990 ... or, shudder the thought, in 1980. The very throught is terrifying. At least we can rest assured that, in the larger picture, that defining question of times is receiving thorough and robust debate in the presidential campaign. The silence is deafening. Peter August 13, 2004 WALL STREET JOURNAL SCIENCE JOURNAL By SHARON BEGLEY Wealth and Happiness Don't Necessarily Go Hand in Hand August 13, 2004; On a scale of 1 to 7, where 1 means "not at all satisfied with my life" and 7 means "completely satisfied," it's no surprise that survey-respondents who make Forbes magazine's list of the 400 richest Americans average 5.8, while homeless pavement dwellers in Calcutta average 2.9. All in all, sleeping on sidewalks and starving can't hold a candle to sleeping on satin and splurging. Not so fast. In the surveys, taken off and on over the last 20 years, the Inuit people of frigid northern Greenland also average 5.8. So do the cattle-herding Masai of Kenya, who live in dung huts with no electricity or running water. And Calcutta's slum dwellers, for whom being only a single economic rung above the pavement denizens apparently makes a huge difference, come in at 4.6. Does money buy happiness? In particular, does raising a nation's income or wealth, as measured by gross domestic product, raise the population's overall level of happiness? Intuitively, you'd think the answer is a definite yes. After all, classic economic theory holds that additional income allows people to meet additional needs, and the more needs -- or even wants -- you satisfy, the happier you are. Also, money buys choices. With $10 you can buy steak or hot dogs, but with only $1 you better hope you have relish in the fridge. The more choices people have, economists assume, the happier they are. Psychologists suggest that things are a lot more complicated. An ambitious analysis of more than 150 studies on wealth and happiness shows that "economic indicators have glaring shortcomings" as approximations of well-being, write psychology professors Ed Diener of the University of Illinois, Urbana-Champaign, and Martin E.P. Seligman of the University of Pennsylvania, Philadelphia, in an coming issue of the journal Psychological Science in the Public Interest. The studies show that, in many countries, "although economic output has risen steeply over the past decades, there has been no rise in life satisfaction ... and there has been a substantial increase in depression and distrust." "... Government policies to promote economic growth seem, at first glance, like an obvious way to give people a greater sense of well-being. Economists find repeatedly that, in general, the higher a nation's GDP the greater its population's happiness. While that seems to support the money-can-buy-happiness idea, though, it ignores one thing. Wealthy nations tend to be democracies that respect human rights and have a fair legal system, good health care, and effective, honest government. All of these contribute to well-being. When you account for these variables, the effect of income itself on the citizenry's happiness practically vanishes. "... If psychologists had a seat on a government's economic team, they would point out that, once a nation reaches a certain level of prosperity, further economic growth is unlikely to buy additional happiness. Instead, Prof. Veenhoven says, increasing the citizenry's sense of well-being requires "less investment in economic growth and more in policies that promote good governance, liberties, democracy, trust and public safety." "..." _________________________ Peter Anderson, President RECYCLEWORLDS CONSULTING 4513 Vernon Blvd. Suite 15 Madison, WI 53705-4964 Ph: (608) 231-1100 Fax: (608) 233-0011 Cell: (608) 698-1314 eMail: anderson@no.address web: www.recycleworlds.net |
[GreenYes Archives] -
[Date Index] -
[Thread Index]
[Date Prev] - [Date Next] - [Thread Prev] - [Thread Next]