The question of happiness and consumption have been a topic for researcher for many years. This question has be explored, analysis, and presented with varying conclusion. Each one of these has provided more information that has help lead to a closer understanding of this topic. The problems face with these researchers is the complexity of these topics. Happiness is an output that is very subjective to everyone and has many different variables to it. The same is with consumption. It has many different inputs and each one type of consumption doesn’t have the same effect as other.
Even so, the outcomes of coming closer to the relationship is an important one. Hsee, Yang, Li, & Shen (2009) discussed that knowing if a happiness is relative or absolute can help inform weather improving wealth and consumption from one generation to the next can make the next generation happier. This in itself is something at every generation has been striving for. Each generation has had made their best attempt of making this a reality and this data can help facilitated this.
In hopes of facilitating this processes, there are two areas of discussion that will be covered. The first of them is the differences of absolute and relative happiness. Both involve happiness but are measures in different ways. Each one has cause a debate on which
Absolute and Relative Happiness
In Hsee, Yang, Li, and Shen (2009) articles, it discusses two different type of views. The first one being the absolute view. They define it as assuming absolute wealth and consumption levels are important in determine happiness. For this paper, we will only be looking at the consumption aspect of the happiness. The second one being the relative view. T...
... middle of paper ...
...ad a decrease in consumption to standard of living satisfaction. But when look at closer, the researchers said a possible reason behind this was that the people became worried and dissatisfied if their consumption rise for a give level of incoming and wealth. Which mean that consumption exceed income, cause a net loss in wealth causing the dissatisfaction.
Both of these example demonstrate the effects of consumption in a long run scenario. Both give the point that consumption does have an effect on happiness. The difference again lies in how much consumption increases over time. While the lottery winner have a very sharp increase and steady decrease, the country data shows more a steady increase. The later be the more realistic picture, implying that everyone doesn’t win the lottery. The evidence from the relative vs absolute also supports this notion.
Need Writing Help?
Get feedback on grammar, clarity, concision and logic instantly.Check your paper »
- Equality is defined as being equal in means of status, rights, and opportunities. Inequality is mostly seen between the sexes, races, and also for graffiti artist. “We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.” Although these rights remain unalienable, today’s society has become an unjust and unequal one which places people at the top based upon certain characteristics; such as sex, race, or even wealth.... [tags: Male, Female, Gender, Sex]
800 words (2.3 pages)
- ... This non-profit organization was established in 2012 by a group of Cambodian Buddhist monks of Wat Polangka in hopes of alleviating poverty and improving the quality of life in the rural areas of Cambodia. In order to achieve this mission or goal this organization had to coordinate with stakeholders at all levels including families, civil society groups, government departments, NGOs and community leaders. Also, they implemented humanitarian projects through local authorities, government agencies and NGOs as a way to educate Cambodian youths in areas of extreme poverty.... [tags: poverty, karma, behavior, potential]
2033 words (5.8 pages)
- As humans, we are always trying to progress, whether it is up the social ladder, developing new technological and medical advancements, or creating a new product for a brand label. In order for this idea to be released to the population it must first be determined safe for public consumption. In order to do so, labs use animal testing to further understand how it reacts biologically. By using animal testing, scientists can focus on the products chemistry, effects of people, and its toxicology. In the 1950’s Sir Peter Medawar, a British immunologist, suggested to C.W.... [tags: Animal rights, Animal testing]
1428 words (4.1 pages)
- ... Source E states that the “Per capita consumption in the United States has increased 45 percent in the past twenty years.” This large increase proves the desire for new items is sharply increasing. The majority of the U.S. is very affluent according to this statistic. The majority has become ultimately obsessed with obtaining more items. They believe “’just a little bit more’ will finally buy happiness” (Source E). The affluent continually infatuate wealth and material items in order to fulfill this happiness.... [tags: wealth, obsession, happiness]
836 words (2.4 pages)
- The rights to happiness can be defined, explained, and shown in many different ways and throughout many different cultures. Some believe that you have a direct, full time right to happiness regardless of what you do, others believe that you have to earn that right, and others think that you do not have a right to it at all. Our founding fathers cemented in our Declaration of Independence that we have the right to life, liberty, and the pursuit of happiness. Nowhere does it say that we have a direct right to happiness itself, but we can pursue it by any means necessary.... [tags: Happiness, Feeling, Dalai Lama, Tulku]
1780 words (5.1 pages)
- In the Declaration of Independence, it states that all men, being equal by nature, have the equal right to life, liberty, and the pursuit of happiness. It is interesting from Thomas Jefferson’s point of view that he says that we have the right to pursue happiness. When he said this, what did he mean in ways of understanding it and pursing this happiness. To live, as we have experienced, is itself a means to living well. The same applies to freedom. We cannot pursue happiness if we cannot freely carry out the choices we make.... [tags: declaration of independence, equal rights]
1406 words (4 pages)
- Unemployment & Happiness 1. Introduction Happiness is probably as the old topic. Most experts such as psychologists, philosophers, even economists concerned with the definition what is the happiness. However, there is not the concordant view for what is the happiness. Happiness should depend on different people. Some people believe that the happiness is the good goal in life. But, other people do not think happiness is the good goal in life because there are some other factors can affect the happiness such as trust, satisfaction with job, satisfaction with family's life, marriage, etc.... [tags: Happiness, Psycology, Work, Employment]
1382 words (3.9 pages)
- There is an ever-growing problem with our world; unhappiness. Unhappiness has plagued everyone at a time or two, sometimes even more. Because of this our world is suffering enormously: shootings, hate crimes, and wars are a few results of this widespread unhappiness. One might say there is no hope for our world, but there is. To end this unhappiness everyone should eat Skittles, own a goldfish, and get plenty of sunshine. One may ask, what can Skittles do. When the question should be what can not Skittles do.... [tags: Happiness Essays]
454 words (1.3 pages)
- Economists use the term utility to represent a measure of the satisfaction or happiness that individuals get from the consumption of goods and services. Because a higher income allows one to consume more goods and services, we say that utility increases with income. But does greater income and consumption really translate into greater happiness. In this paper, I will be showing how greater income and consumption does not really translate into greater happiness and how marginal utility is diminishing as income gets higher.... [tags: Happiness Essays]
2266 words (6.5 pages)
- “The Seven Social Sins are: Wealth without work. Pleasure without conscience. Knowledge without character. Commerce without morality. Science without humanity. Worship without sacrifice. Politics without principle." -- Mahatma Gandhi The Kingdom of Bhutan is pursuing a bold new social experiment. They want to demonstrate that a spartan rural society join the high-tech world without surrendering its soul.  Bhutan is an extraordinary place; seemingly untouched through the course of time. Resting in the heart of the Himalayas, it has remained in self-imposed detachment for centuries, apart from the rest of the world.... [tags: Happiness Essays]
1636 words (4.7 pages)