This is an insightful article but it misses the elephant in the room, which is wealth inequality . In Shanghai, there is vastly more wealth inequality than in Netherlands. The reason why nannies are affordable in China is because those nannies aren't paid very much, and consequently enjoy a much lower standard of living than their employers. In Netherlands, nannies are relatively expensive, but you the employee is mu…
Degrees of Wealth
11–20 of 85 posts
Re: Degrees of Wealth
#12In Denmark we briadly call this distinction "the good life" (det gode live). Children are usually made to write something (an essay mostly) about it during their last few years in public school. The concept is exactly the philosophical implications of what a "good" life even is. How you can maintain and sustain a "good" life in a world where everyone else is trying to do the same. How your "good" life will sometimes…
Wealth is not a terrible measure of good life. "Money does not bring happiness" is a trope that rich people would like poor people to believe. I don't think poor people fall for it, though.
A billionaire is not orders of magnitude happier than a millionaire. But a millionaire is much happier than someone who is worried about being able to pay rent, afford food, etc.
Thus, the solution to maximize happiness is to distribute wealth evenly.
Re: Degrees of Wealth
#13Re: Degrees of Wealth
#14This is an insightful article but it misses the elephant in the room, which is wealth inequality . In Shanghai, there is vastly more wealth inequality than in Netherlands. The reason why nannies are affordable in China is because those nannies aren't paid very much, and consequently enjoy a much lower standard of living than their employers. In Netherlands, nannies are relatively expensive, but you the employee is mu…
There’s a term for what the last sentence expresses: John Rawls’ “Veil of Ignorance”.
Re: Degrees of Wealth
#15In Denmark we briadly call this distinction "the good life" (det gode live). Children are usually made to write something (an essay mostly) about it during their last few years in public school. The concept is exactly the philosophical implications of what a "good" life even is. How you can maintain and sustain a "good" life in a world where everyone else is trying to do the same. How your "good" life will sometimes…
Wealth is not a terrible measure of good life. "Money does not bring happiness" is a trope that rich people would like poor people to believe. I don't think poor people fall for it, though.
Re: Degrees of Wealth
#16This is an insightful article but it misses the elephant in the room, which is wealth inequality . In Shanghai, there is vastly more wealth inequality than in Netherlands. The reason why nannies are affordable in China is because those nannies aren't paid very much, and consequently enjoy a much lower standard of living than their employers. In Netherlands, nannies are relatively expensive, but you the employee is mu…
Re: Degrees of Wealth
#17Earlier quoted context omitted.
Wealth is not a terrible measure of good life. "Money does not bring happiness" is a trope that rich people would like poor people to believe. I don't think poor people fall for it, though.
The more accurate version is "Money does not bring happiness, but poverty really sucks." A billionaire is not orders of magnitude happier than a millionaire. But a millionaire is much happier than someone who is worried about being able to pay rent, afford food, etc. Thus, the solution to maximize happiness is to distribute wealth evenly.
Re: Degrees of Wealth
#18This is an insightful article but it misses the elephant in the room, which is wealth inequality . In Shanghai, there is vastly more wealth inequality than in Netherlands. The reason why nannies are affordable in China is because those nannies aren't paid very much, and consequently enjoy a much lower standard of living than their employers. In Netherlands, nannies are relatively expensive, but you the employee is mu…
Re: Degrees of Wealth
#19This is an insightful article but it misses the elephant in the room, which is wealth inequality . In Shanghai, there is vastly more wealth inequality than in Netherlands. The reason why nannies are affordable in China is because those nannies aren't paid very much, and consequently enjoy a much lower standard of living than their employers. In Netherlands, nannies are relatively expensive, but you the employee is mu…
Re: Degrees of Wealth
#20This is an insightful article but it misses the elephant in the room, which is wealth inequality . In Shanghai, there is vastly more wealth inequality than in Netherlands. The reason why nannies are affordable in China is because those nannies aren't paid very much, and consequently enjoy a much lower standard of living than their employers. In Netherlands, nannies are relatively expensive, but you the employee is mu…