4 ms·
>There's plenty of wealth, that goal is already achieved. Good policy is a matter of directing it toward the determinants of happiness. This reminds me of this
by Jabanga 9y ago
>There's plenty of wealth, that goal is already achieved. Good policy is a matter of directing it toward the determinants of happiness.
This reminds me of this quote:
"It is only in the backward countries of the world that increased production is still an important object: in those most advanced, what is economically needed is a better distribution"
-John Stuart Mill, Principles of Political Economy (1848, book IV, chap. VI)
One day we'll look back at the levels of wealth people today possess the same way that today we look back at the level of material prosperity people enjoyed in 1848, as being at the level of extreme poverty.
To prioritize ephemeral happiness over substantive gains in the people's capabilities is shortsighted.