I mean, there isn’t really much evidence it does though, feeling good from being wealthy mostly comes down to not being worried about your material welfare and stability. Beyond that, owning everything really doesn’t make people any happier or more actualized as people. It is just an empty drug that unlike more fun drugs, hurts a massive amount of people every time you take it.
How do they even study such a thing? Ask megawealthy if they’re happy and they’ll ask something “modest” like “it’s alright, you know life was so simple when I was poor” lol
I mean, there isn’t really much evidence it does though, feeling good from being wealthy mostly comes down to not being worried about your material welfare and stability. Beyond that, owning everything really doesn’t make people any happier or more actualized as people. It is just an empty drug that unlike more fun drugs, hurts a massive amount of people every time you take it.
How do they even study such a thing? Ask megawealthy if they’re happy and they’ll ask something “modest” like “it’s alright, you know life was so simple when I was poor” lol
Mostly they don’t, especially because this kind of realization is an existential threat to the entire high end luxury industry.
It’s the Law of Diminishing Returns and has been studied extensively in Economics.