Can money buy happiness? Income may boost emotional well-being more than we thought

RandAlThor@lemmy.ca to World News@lemmy.world – 211 points –
cbc.ca

Money does indeed buy happiness, and it increases with a bigger paycheque more than economists previously believed, a recent analysis has found.

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The whole premise that ‘money can’t buy happiness’ is a tool for the ruling class to try and make the poors become content with their poverty and not try to do anything about the inequality.

What was meant: The endless pursuit of money won't bring you joy.

What we get told: Be happy you even get minimum wage serf.

Well, just look at the World Happiness Report. Always dominated by European countries that also happen to be the world's most equal countries. Financially and otherwise.

It's somewhat realistic. Robin Williams and Anthony Bourdain come to mind. It's also kinda shown with the number of people that come into money then fall out of it.

Kinda inverse to me. I think there's a level of financial comfortability that reduces stress and anxiety. Money doesn't buy happiness, but poor buys some very negative emotional responses.

It’s not realistic. The realistic phrase would be ‘excess does not buy happiness’.

Yes we have Anthony Bourdain and Robin Williams as counter examples, but it’s pretty shitty to use their mental health to support a classist tool designed to keep the lower classes quiet. Money doesn’t fix everything because not everything can be fixed, but it definitely does buy a lot of joy and opportunity to live and enjoy living.

I think I made it clear that I thought the situation was more complicated than either position makes it out to be. Having the means to be comfortable and secure matters a lot. After that, though, we have diminishing returns.