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Newsweek: Why Money Doesn’t Buy Happiness

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Re: Newsweek: Why Money Doesn’t Buy Happiness

Unread postby Waterthrush » Tue 16 Oct 2007, 17:24:40

And now it is Cornelian who speaks truth. Those lottery winners we read about are the minority. Most are happily enjoying their winnings.

I think the Newsweek article is entirely too enthusiastic about how happy people are with very modest levels of income. I don't see it. I see people worried sick, literally, because they fear a job cut, because they fear a sickness, because they fear that their health care coverage will be cut entirely, leaving them to come up with an additional $900-$1200 per month.

Not worrying about paying the mortgage would NOT get old to me! It would be delightful. I too spent a long time with very little income; very slowly I've risen into middle class comforts. I still feel good when I don't have to subtotal my groceries in the middle of checkout; when I can make a reservation for car service to the airport for an early flight rather than parking my car, walking a half mile with luggage to the train station, taking a train, then taking a bus from the train station to the airport. It would be great to not worry that I haven't started saving for a car that I won't need to purchase for another 5-6 years.

I know pretty much what I would do if I were independently wealthy - and it would be great fun and more beneficial to the world around me than I feel now. There are all sorts of volunteer activities that I'd love to have more time and energy for.

I think the Newsweek article falls down when it fails to define "living in modest comfort!"
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Re: Newsweek: Why Money Doesn’t Buy Happiness

Unread postby Byron100 » Tue 16 Oct 2007, 17:58:41

Those of you who have written about the positive benefits of being wealthy, I'm not going to argue that, as I have no doubt that it has made a marked improvement in your lives.

I would like to say one additional thing, however. For every dollar that a rich person has over what is needed to live a decent, middle-class lifestyle is one less dollar that a poor person has available to spend. There's only so much money in the world, and being wealthy means that you command more resources in relation to others, who consequently have that much less. Wealth isn't created, it's redistributed. I for one, wish for a society that has NO rich people, only middle class and the not-so-poor (if feasibly possible).

Just something to ponder, is all...
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Re: Newsweek: Why Money Doesn’t Buy Happiness

Unread postby venky » Wed 17 Oct 2007, 01:07:46

$this->bbcode_second_pass_quote('Byron100', 'T')hose of you who have written about the positive benefits of being wealthy, I'm not going to argue that, as I have no doubt that it has made a marked improvement in your lives.

I would like to say one additional thing, however. For every dollar that a rich person has over what is needed to live a decent, middle-class lifestyle is one less dollar that a poor person has available to spend. There's only so much money in the world, and being wealthy means that you command more resources in relation to others, who consequently have that much less. Wealth isn't created, it's redistributed. I for one, wish for a society that has NO rich people, only middle class and the not-so-poor (if feasibly possible).

Just something to ponder, is all...


Thats not entirely true; not all the wealth used by rich people has any meaning to one who is poor. I mean stuff like luxury yachts , fancy cars, vacations to far off places (thats employment for some poor people making that stuff). You couldn't increase food production by not building any more yachts.

The large mass of humanity on the planet makes poverty inevitable for a large number of people. Look at the strains on our planet as China lifts hundreds of millions of people out of consuming almost nothing, into a middle class life.

The only thing you can do about poverty is to work hard enough not join the poor.
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Only Man is vile.
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Re: Newsweek: Why Money Doesn’t Buy Happiness

Unread postby Graeme » Thu 04 Sep 2008, 06:26:56

Against all the odds, the world is becoming a happier place

$this->bbcode_second_pass_quote('', 'D')espite deepening economic gloom and impending climatic destruction the world is becoming a happier place, according to an analysis of quarter of a century of data on wellbeing from 45 countries around the globe. The finding goes against the received wisdom that a country's economic advances do not translate into increased wellbeing among its citizens.

Of the most improved countries, Ukraine, Moldova and Slovenia showed the largest hikes in average happiness while at the bottom of the table were Hungary, India and Australia. The US was firmly mid-table at 29th with Britain four places behind. However, both countries did better when it came to changes in the size of the happiest group of people. In Britain, the number of people saying they were "very happy" went up by around 13%. The equivalent figure for the US was around 8%. In Mexico, the number of people in that category went up by nearly 25%, a bigger rise than in any other country.

To get happier you can either reduce your expectations or increase what you have. Foa believes that the strong religious and family traditions of Latin American societies have served to help people come to terms with what they have, while at the same time they have advanced steadily economically – so the happiness gap has been narrowed from both ends.

Another major finding from the survey is that personal freedoms, democracy and a tolerant society are important for a nation's overall happiness, particularly in richer societies.


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Re: Newsweek: Why Money Doesn’t Buy Happiness

Unread postby cube » Thu 04 Sep 2008, 07:52:17

$this->bbcode_second_pass_quote('big_rc', 'E')veryone knows that money cannot buy happiness but money sure as hell can rent some !!
*scratches head in confusion*

I thought it was money can't buy love but you can rent it. :wink:
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Re: Newsweek: Why Money Doesn’t Buy Happiness

Unread postby cube » Thu 04 Sep 2008, 07:57:23

$this->bbcode_second_pass_quote('Byron100', 'T')hose of you who have written about the positive benefits of being wealthy, I'm not going to argue that, as I have no doubt that it has made a marked improvement in your lives.

I would like to say one additional thing, however. For every dollar that a rich person has over what is needed to live a decent, middle-class lifestyle is one less dollar that a poor person has available to spend. There's only so much money in the world, and being wealthy means that you command more resources in relation to others, who consequently have that much less. Wealth isn't created, it's redistributed. I for one, wish for a society that has NO rich people, only middle class and the not-so-poor (if feasibly possible).

Just something to ponder, is all...
You are delusional.
You are not making any sense at all.
If there was no rich people who would you work for? --> a middle class person?
How is that physically possible?
Only a rich man can afford to pay your salary.
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Re: Newsweek: Why Money Doesn’t Buy Happiness

Unread postby Grifter » Thu 04 Sep 2008, 08:06:52

Rimmer Said

$this->bbcode_second_pass_quote('', 'Y')ou call this happiness? Surrounded by toadying lackeys and paid sycophants? Living with a love-goddess sex-bomb model megastar? You call this contentment? You know, I stand here now and I look at the two of us, and I ask one simple question: Who is the rich man? You, with your fifty-eight houses, your private island in the Bahamas, you multi-billion pound business empire; or me, with... with... with what, I've got................................. It's you isn't it? Yes it's all very clear to me now. You - richer and happier.
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Re: Newsweek: Why Money Doesn’t Buy Happiness

Unread postby Nickel » Thu 04 Sep 2008, 08:17:26

$this->bbcode_second_pass_quote('Graeme', 'O')f the most improved countries, Ukraine, Moldova and Slovenia showed the largest hikes in average happiness while at the bottom of the table were Hungary, India and Australia.


Christ... if you can't be happy in Australia, give it up. [smilie=new_icecream.gif]
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Re: Newsweek: Why Money Doesn’t Buy Happiness

Unread postby frankthetank » Thu 04 Sep 2008, 09:26:42

Sometimes "rented love" can give you herpes.
lawns should be outlawed.
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Re: Newsweek: Why Money Doesn’t Buy Happiness

Unread postby cube » Thu 04 Sep 2008, 11:18:40

$this->bbcode_second_pass_quote('', 'R')immer Said
$this->bbcode_second_pass_quote('', 'Y')ou call this happiness? Surrounded by toadying lackeys and paid sycophants? Living with a love-goddess sex-bomb model megastar? You call this contentment? You know, I stand here now and I look at the two of us, and I ask one simple question: Who is the rich man? You, with your fifty-eight houses, your private island in the Bahamas, you multi-billion pound business empire; or me, with... with... with what, I've got................................. It's you isn't it? Yes it's all very clear to me now. You - richer and happier.
Why is it that so many people think rich people are some sort of weird abomination who use their money to purchase "grotesque privilege."
Of course there's a fraction of society that secretly desires to be like, Xerxes from the movie 300 who keeps on saying, "KNEEL BEFORE ME!!!".
Image
but
I think rich people aren't THAT much different.

Any ladies looking to marry rich there's good news and bad.
good news - most rich men prefer married life
bad news - most rich men are already married
Doesn't that dispel the myth that it is every man's greatest desire to live the "Playboy lifestyle"? :wink:
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Re: Newsweek: Why Money Doesn’t Buy Happiness

Unread postby 3aidlillahi » Thu 04 Sep 2008, 12:19:19

$this->bbcode_second_pass_quote('', 'T')here is no way I would voluntarily choose to go back to being poor again. Wink


You aren't disproving, though, the article. The article is saying that you'll be happier if you get into the middle-class, but above that, you aren't that much more happy (probably some variability here).

What you're doing is comparing two extremes: abject poverty and wealth. It's pretty clear from the article that they say they think a rich person is happier than a poor person. But that the rich person is not that much happier, if at all, than a middle-class person.

Now if you were to compare your happiness from now to when you were middle-class, if that were ever the case, then that would refute the article.

---

One would also need to look at not only the increased wealth of an individual, but the actual person him/herself to find out the increase or decrease of happiness. Going along with what Cornelian has talked about, it depends not just if you make more money, but how you spend it. If you spend it to buy more things and to try to make more money, then you'll likely become less happy. Same as if you're obsessed with your money and try to do everything possible to protect it against inflation, theft, etc. You'll become paranoid.

However, if you use the money to buy more life, then you'll likely be happier.

---

Someone pointed out that if you try to become happier by being wealthier, that it never pans out. The reason due to the fact that there will always be someone richer than you. What's funny is that the richest person in the world is content living in a house he bought in the '50's and is giving away tens of billions to a charity founded by another immensely wealthy individual (who's putting away most of his money there).

Think those guys are happy? I'll bet so.
Riches are not from abundance of worldly goods, but from a contented mind.
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Re: Newsweek: Why Money Doesn’t Buy Happiness

Unread postby lorenzo » Tue 09 Sep 2008, 00:51:32

$this->bbcode_second_pass_quote('', 'E')conomies can blossom and grow only if people are deluded into believing that the production of wealth will make them happy … Economies thrive when individuals strive, but because individuals will strive only for their own happiness, it is essential that they mistakenly believe that producing and consuming are routes to personal well-being.


Interesting.

The 20th century was the century of psychological and ideological make-belief needed to fool the plebs into bending over for capitalism. You influenced the plebs by talking to them, by showing them stupid movies and pictures and by singing ridiculous songs to them. It was a rather crude strategy, based on simple audio-visual media. Bedtime stories. Words. Sound. A sonorosphere.

I believe that the 21st century will be just as successful in controlling and enslaving the plebs, but by other means. This century will no longer be based on words and images, but by direct control of the flesh, the neurons, by direct interventions via biochemical pathways. This is the era of biopolitics.

There are countless ways of stealthily controlling the population's hormonal, metabolical, neurological and biochemical processes, be it through the distribution of substances via the atmosphere, the food chain, material objects, etc... Of course, nano-technology, the neurosciences and biochemistry as well as advanced computing will come in handy here. These fields are making great progress.

The next stage will be direct genetic control of entire populations. Those who can't be fooled into obedience, will be genetically castrated, gotten rid of, exterminated, so nobody has to bother about them any longer. But that will take a few decades. It needs a lot of careful planning, genetic data-gathering, and the development of gene-targetting strategies. The extermination will either happen by directly eliminating the procreative capacities of the annoying subject, or by gradually damaging its genetic information so that it self-annihilates over time.

But one thing is certain: capitalism will never end. As any cheap marxist knows, only capitalism can destroy capitalism. And since we're only in the first stage of that process (earth based capitalism, next up are the other rocks in the solar system), we ain't seen nothing yet.

In short, prepare for biochemical control of the plebs. That is the immediate next stage.
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Re: Newsweek: Why Money Doesn’t Buy Happiness

Unread postby Graeme » Tue 09 Sep 2008, 07:41:19

The science of happiness

$this->bbcode_second_pass_quote('', 'B')eing happy has always seemed like a good idea. But now science, with research to back it up, can finally show us how to get there.

IF RECENT scientific research on happiness -- and there has been quite a bit -- has proved anything, it's that happiness is not a goal. It's a process. Although our tendency to be happy or not is partly inborn, it's also partly within our control. And, perhaps more surprising, happiness brings success, not the other way around. Though many people think happiness is elusive, scientists have actually pinned it down and know how to get it.

Although Lyubomirsky likes to let people define happiness for themselves, clinically, she describes it as "a combination of frequent positive emotions, plus the sense that your life is good."


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Re: Newsweek: Why Money Doesn’t Buy Happiness

Unread postby Zero-point » Wed 10 Sep 2008, 16:59:38

All unhappy rich people send me your money if you want to unload all that unhappiness.
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Re: Newsweek: Why Money Doesn’t Buy Happiness

Unread postby StuckInPhilly » Wed 10 Sep 2008, 18:41:15

$this->bbcode_second_pass_quote('sicophiliac', 'I') think as stated before here money buys you free time, as well as peace of mind. Considering were only on this earth for around 80 year give or take, one third of that sleep and arguably the first 5 years and the last say 5-10 years too dependent on others or physically limited to really enjoy things I would say that money can bring happiness. Lets say we have a good 70 years of life to enjoy, 40 of which is working years and thus 13-15 years of that would be spent working just to make ends meet. If you won the mega-millions jackpot and had 10s of millions in the bank you would never need to work again. Never have to worry about paying the mortgage, worry about health care, having good quality food or the well being of your close friends or family. I would take that any day over working 40-50 hours a week, worrying about my family's and my own financial security. Watching the years go by knowing I am not really getting the most out of life and so on. Especially with peak oil right around the corner the stresses of knowing hard times on their way make it even worse.


This is exactly the reason why money does buy happiness.

If I'm at least well-off then I don't worry about if I'll be able to retire, I don't worry about being homeless, etc.
Someone can be rich and be miserable but it's a lot harder.

This kind of crap gets repeated so that all those people who have figured out that the American dream is a huge crock don't get too upset.
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Re: Newsweek: Why Money Doesn’t Buy Happiness

Unread postby vision-master » Wed 10 Sep 2008, 21:04:03

Rich ppl live longer as a rule.
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