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• W19227592 abstract "How do income growth, socio-economic equality, and inclusion interact to determine levels of satisfaction? This chapter makes three main points. First, economic growth by itself is not a secure route to human happiness. Though growth that occurs within conducive societal structures no doubt brings important benefits, the generality of this outcome cannot be assumed, given the centrality of relative income and status to people's satisfaction levels. Second, though equality and inclusiveness are obvious potential contributors to happiness, inclusiveness can sometimes take socially damaging forms, highlighting the need to draw on the nuances of the psychology literature in integrating the concept meaningfully into social science thinking about the economy and welfare. Third, given that preference formation is endogenous to society, the challenge of increasing human satisfaction inevitably raises the question of how deliberate an effort should be made by “society” to tilt preference systems toward ones which make satisfaction easier to experience." @default.
• W19227592 created "2016-06-24" @default.
• W19227592 creator A5081765982 @default.
• W19227592 date "2014-02-27" @default.
• W19227592 modified "2023-09-26" @default.
• W19227592 title "growth, inclusion, and human satisfaction" @default.
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• W19227592 doi "https://doi.org/10.1093/acprof:oso/9780199671656.003.0011" @default.
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