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Be happy not rich : Comments
By John McKinnon, published 17/11/2005John McKinnon argues major economic studies reveal wealth does not equal happiness.
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While I also take Faustino's point that true happiness is more likely to emanate from self-actualisation (for want of a better term) than from 'external' factors, I think that McKinnon argues successfully why our materialistic culture seems incapable of providing the kind of social climate that is conducive to happiness. IMHO it is no coincidence that depressive illnesses are increasingly prevalent in our society.
From the time that we are born into Australian society, we are enculturated with heavily materialistic values from which we internalise the supposed correlation between wealth and happiness. Any parent knows the pressures induced by sophisticated marketing campaigns, aimed at children, that link happiness and success with the acquisition of the latest fad toy, "happy meal", or expensive electronic widget - and any parent also knows that none of these things brings happiness. Nonetheless, these marketing strategies seem very successful in inculcating the kinds of materialistic values that create good consumers.
I agree also that the national fixation with tax reduction is a crock. Unfortunately, it seems that the current electorate has bought the line peddled by both major political parties that the key to their happiness is (economic) "aspiration", to the detriment of all the other factors that McKinnon cites. In short, we need to refocus our aspirations on 'social capital' - as opposed to blind materialism.