I am going to sell my TV soon!
Do not exclude wealth from the happiness equation
Research in the 1970s suggested that within one country, richer people were happier than poor. This tended to confirm the belief that as humans we are programmed to compete, But it also found that countries grew no happier as they grew wealthier, while rich countries were no happier than poor countries.
However recent research shows that
There are also signs, from what is still very limited data, that growing wealth tends to make nations happier – and the reverse. Americans grew far less happy once their economy slipped into a severe recession in 2008. And people in rich countries are happier than in poor........................And some paradoxical implications of earlier research now vanish. Letting some people be richer than others is not a problem – the key is to raise income for all, and not to worry if some do far better.
With Globalization & the information age we compare ourselves with all the world. If someone on the middle east see on TV that people in Europe & USA live well, with safety and peace & food is not a consideration at all they become unhappy.
Only growth & wealth can help. However it's difficult to create growth. No one is growing/improving. In my view only the best companies on each class of products are winning. Only the Big&best on each class get bigger. Apple in Phones, TESLA/Mercedes & BMW in Autos, Specialized in Bikes, Shimano in Bike Brakes, SIDI in Bike Shoes, etc....
The best & bigger companies in the world are not in my country ( Portugal )or the Emerging markets. The best are mostly in Germany & USA with some exceptions (SIDI bike Shoes are Italian). And these are the only countries that are doing well. I am going to sell my TV soon.(I must donate it because no one pays for a used TV anymore!)
If you are not getting richer is better to turn off the TV!
If you live in a poor country turn off the TV asap
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