Re: Let us know what you think about Wilkinson's video?

Posted: Sat Mar 24, 2018 12:18 pm, #6
by Doctor A
Finland is the world's happiest country. The United States came in at 18th. Now I know why thanks to Wilkinson's video.

After watching the video I now have a much greater sense of what is happening in the world around me. Prior to watching the video I did not have a mental framework to link the dots. What was happening around me was confusing. Now it is quite evident inequality is the driving force for almost everything I do not like.
Finland is the world's happiest country, according to an annual survey issued on Wednesday that found Americans were getting less happy even as their country became richer.
While U.S. income per capita has increased markedly over the last half century, happiness has been hit by weakened social support networks, a perceived rise in corruption in government and business and declining confidence in public institutions.

"We obviously have a social crisis in the United States: more inequality, less trust, less confidence in government," the head of the SDSN, Professor Jeffrey Sachs of New York's Columbia University, told Reuters as the report was launched at the Vatican's Pontifical Academy of Sciences.

"It's pretty stark right now. The signs are not good for the U.S. It is getting richer and richer but not getting happier."
I found this information in World
Finland is world's happiest country, U.S. discontent grows: U.N. report
By Philip Pullella
March 14, 2018 ... nance.html

Also, Doctor A says the following in his post today from a different topic, Re: Don't be fooled by the wealthy's economic research deception
Posted on: ยป Wed Mar 14, 2018 10:32 am
3 Myths About Globalization; Anyone Still Embracing These Three Myths Is Most Likely In The Pocket Of The Rich, Has A Screw Loose, Or Both.
Globalization has led to a rise in global income inequality, not a reduction

Inequality between individuals across the world is the result of two competing forces: inequality between countries and inequality within countries. For example, strong growth in China and India contributed to significant global income growth, and therefore, decreased inequality between countries. However, inequality within these countries rose sharply. The top 1% income share rose from 7% to 22% in India, and 6% to 14% in China between 1980 and 2016.
It is quite clear to me now that although the wealth of the USA has increased, so has economic inequality and the subsequent change is a decrease in happiness. Such a deal!