Comment on The Real Purpose of Wealth 💸

Boppel@feddit.org ⁨3⁩ ⁨days⁩ ago

• cynar@lemmy.world ⁨3⁩ ⁨days⁩ ago

  A lot of people do exactly that.

  Money has a strong diminishing return to happiness. Once you have enough to do what you want, and keep up that lifestyle from investments, you’ve “won”.

  Most who goes past that point are self selected as problematic personalities. They’ve figured out that more money = more power = more happy. When they are not happy, they obviously need to work harder to get more money. This doesn’t make them happy and the feedback loop continues.

  I would actually be curious if the curve goes negative after a while. There’s a point where more money gets isolating. That is well past the point where the happiness gain becomes negligible too.

  source

  • grrgyle@slrpnk.net ⁨3⁩ ⁨days⁩ ago

    I think I can kind of put myself in that headspace…

    Reminds me of the rush I felt the first summer I discovered reading outdoors, but by next year it was gone so I started reading by the lake, and that lasted even less time. I tried reading while drinking tea, listening to music, etc, but I was just chasing the world’s lamest dragon.

    Anyway, as a former addict I could see what this treadmill was.

    But I guess if money was no object maybe I’d be one of those assholes going on a beach vacation to read or something.

    source
  • Boppel@feddit.org ⁨3⁩ ⁨days⁩ ago

    i think i read, that you need about 70.000 -100.000€ (probably a lot more in the US) a year to live in the happiness optimum. more helps, but after a certain sum it starts to make you unhappy again because you loose connection to “normal” people, start to get worried about loosing it and your lluxuries start to bore you/ yoi don’t value them as much anymore. however having not enough money is clearly more dangerous in a capitalist system to make you unhappy since you loose the freedom of choice and action.

    i guess it’s annoying to see what rich people buy with their money since i don’t value it that high and value my wishes higher (and i hate “minimal design” buildings with lawn or even ston gardens when you have clearly enough money to pay for beautiful buildings and a gardener. also fuck golf for having courses in nearly every town).

    source

    • cynar@lemmy.world ⁨3⁩ ⁨days⁩ ago

      I’d guess the flip over point is maybe a bit higher. I can see definite gains up to 500,000-1,000,000 a year.

      I suspect the cut off is around there however. Assuming the same base work level to get it.

      I could personally live VERY happily on 100k a year, but not afford EVERYTHING I could reasonably want.

      source
• Oka@sopuli.xyz ⁨3⁩ ⁨days⁩ ago

  They did all those things already (maybe they donated a little to a charity) and still were unfulfilled.

  source

  • Jake_Farm@sopuli.xyz ⁨3⁩ ⁨days⁩ ago

    The mansions of the rich don’t look Like anyone’s dream homes, they look like museums or art installations.

    source
  • spankinspinach@sh.itjust.works ⁨3⁩ ⁨days⁩ ago

    As though unlimited wealth doesn’t fill a meaning vacuum

    source

    • grrgyle@slrpnk.net ⁨3⁩ ⁨days⁩ ago

      I keep saying it but they’d be happier in just a regular degular working class life with friends and family who like you for who you are.

      Notwithstanding that working class life is kind of shit because we allow the ultra wealthy to continue wealthing up our planet…

      source