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Fulfillment Paradox
By editor
Created 07/14/2009 - 17:40
We consume three times more than our grandparents – why aren’t
we happier?
Ian Bullock [1]
Ian Bullock
85
Thought Control in Economics [2]
happinomics_t.jpg [3]
Splash Image:
happinomics_splash.jpg [4]
What can this bubble tell us about happiness and economics? Quite a lot.
For hundreds of years we have believed that increased material wealth makes
us happier, and we have shaped our world accordingly. We have built big box
stores along highways that can only be reached by car. We have built larger
and larger vehicles that isolate us from others and emit dangerous levels of
carbon. We work 40 hours a week – or more – to maintain this lifestyle. Why
do we believe that making a lot of money makes us happy? “We didn’t evolve
with iPods and fancy cars,” explains Christopher Barrington-Leigh, an
economist at the University of British Columbia. “How could we possibly have
a preset level of satisfaction that relates material things to how happy
we are?”
For hundreds of years we have believed that increased material wealth makes
us happier, and we have shaped our world accordingly.
While the world has certainly grown richer in the last 50 years, most
happiness economists agree that happiness and life satisfaction levels have
remained constant. The United States, for example, has failed to see higher
happiness levels since the end of the Second World War, despite a
quadrupling of their gdp. The New York Times recently reported that while
incomes in China grew by 250 percent between 1994 and 2007, life
satisfaction levels shrank drastically. The Easterlin Paradox, a theory
developed in 1974, explains this phenomena: Money makes us happier until
average incomes are achieved. After that, money’s affect on happiness is
greatly reduced.
Back in Choklit Park, the minister handed me the marriage papers to sign. I
was going to be late for my meeting, but something more important was going
on. Salim and his new wife were trusting me to sign the document that could
chart the course of their lives for many years to come. Married people
generally report greater life satisfaction than unmarried people: One study
suggests that this marriage could produce the same happiness as a
quadrupling of Salim’s annual income. (Although if Salim’s proposal was as
whimsical as he said it was, the effect of his marriage could be similar to that
of winning the lottery: a sudden spike in happiness that quickly diminishes.)
The United States has failed to see higher happiness levels since the end of
the Second World War.
Ian Bullock is a Vancouver freelance writer who is at work on his first novel.
• Editorial
• 85
• economics
• happiness
• Paradigm Lost
Links:
[1] https://www.adbusters.org/authors/ian_bullock
[2] https://www.adbusters.org/magazine/85
[3] https://www.adbusters.org/files/magazine/articles/happinomics_t_0.jpg
[4]
https://www.adbusters.org/files/magazine/splash_image/happinomics_splash.j
pg