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One of the assumptions here is that economic growth necessarily makes people happier. Studies on happiness indicate that up to a point, more wealth makes people
by Zarkonnen 17y ago
One of the assumptions here is that economic growth necessarily makes people happier. Studies on happiness indicate that up to a point, more wealth makes people happier. After that, there is no impact.
So forgive me if I'm cynical about the hysteria about the effects of cutting carbon emissions. A lot of people live in abject poverty, but that is a problem of distribution, not total numbers. The gap between the rich and poor has been widening so quickly that despite the growth in GDP, in real terms, the poor have been getting poorer.
Economic growth, as it stands, does little to help most people, and much to further fill the pockets of the rich.