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Post By
zvelf

Member Since: Sat May 17, 2008
Posts: 10,993
In Reply To
MysteryMan

Member Since: Fri Apr 28, 2017
Posts: 2,952
Subj: Re: I have to wonder,,,while the Hollywood condemnation of Brunei's new law...
Posted: Wed Apr 10, 2019 at 02:01:06 pm EDT (Viewed 48 times)
Reply Subj: Re: I have to wonder,,,while the Hollywood condemnation of Brunei's new law...
Posted: Wed Apr 10, 2019 at 12:30:15 pm EDT (Viewed 43 times)



    Quote:
    Would you be happier having $2million dollars to spend in your life time?


If I live to an average age of about 80, that's only $25,000 a year or basically, I'd be living in near poverty my entire life.


    Quote:
    Or would you rather have $200billion dollars to spend over your lifetime?


So yes, between being rich and in poverty, I'd pick rich.


    Quote:
    Which would make you happier? I think its self evident that at least 51% or more of people would actually be happier with the $200billion...and thus...money does buy happiness.


Let's say it's $2 billion vs. $200 billion instead. Maybe the $200 billion-aires would be very slightly happier than the $2 billion-aires, but I don't think it's self evident that people with $200 billion would necessarily be happier than people with $2 billion. You're still assuming that being able to buy things equates to happiness when most scientific studies show that after reaching a certain level of wealth, happiness levels off:

2010 Princeton University study:
http://content.time.com/time/magazine/article/0,9171,2019628,00.html

2010 National Academy of Sciences study:
https://www.pnas.org/content/107/38/16489

2015 University of Michigan Panel study of Income Dynamics (family income measured):
https://www.cnbc.com/2015/12/14/money-can-buy-happiness-but-only-to-a-point.html

2018 Gallup World Poll (which found that "in certain parts of the world, where if people made more money past the point of satiation, their life evaluations actually got worse"):
https://news.gallup.com/opinion/gallup/228278/rich-hurt-chances-happiness.aspx

Whether you're rich or poor, you can have trouble getting along with your spouse or your children, have more or fewer friends, feel like your life is purposeful or not. Wealth only marginally impacts those things. No matter how rich you are, you're not going to be happy with an acrimonious divorce or a good-for-nothing son. Wealth is a factor, but it's secondary once you're already living comfortably.




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