Socialism or Capitalism ? Can both be right ?

    NetCare
    Door NetCare
    Socialism or Capitalism ? Can both be right ?

    It is an old question and after the fall of the Sovjet Union and China successful entering the world market, almost nobody believes in socialism anymore.

    I want to stress that I do not want to advocate socialism, since besides the economic effects that could be benificiary (up to some level) it also tends to lead to suppression of people and I am definitely against that.

    But recent studies indicate that rich countries which have a progressive income tax (up to 58%) for the highest incomes have the best economies and people also have the highest level of happiness in the world

    At the top of the list are Scandinavian countries like Denmark and Norwegia and other north european countries like my own (the Netherlands).

    The level of hapiness coming from money does not seem to rise anymore beyond a border of 20.000 euro/year. At that level anyone can live in a house, drive a car and have a vacation. Other hapiness indicators become much more important.

    But if a country has high differences in income, even in rich countries the crime rate increases, poverty exists, unhealthy living patterns, high medicine usage occur etc, etc...

    You could conclude that if the difference between rich and poor is to high in a country, people will get fat and angry.

    There is also a limit to levelling income. People who work should definitely earn more than those who don't (regardless of the reason why) otherwise people are not sufficiently motivated. Entrepreneurs also should be rewarded for taking the risk of starting a business or they simply won't do that enough.

    This article is based on the first "World Happiness Report" and the book "The price of inequality"

    You could say, money does make you happy to a certain point and then it loses most of its value.

    That's all for today. I hope you like my findings.

    NetCare

    NetCare

    NetCare is een ervaren ICT organisatie, die praktische en uitvoerbare oplossingen levert op de gebieden detachering, software ontwikkeling en ons sociaal intranet applicatie MyVox om zo toegevoegde waarde te creëren.
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    NetCare is een ervaren ICT organisatie, die praktische en uitvoerbare oplossingen levert op de gebieden detachering, software ontwikkeling en ons sociaal intranet applicatie MyVox om zo toegevoegde...

      • De Noordkant
        De Noordkant

        Can it be that money doesn't loses its value to a certain point as you say, but the possession of that certain amount of money makes  it possible to find more happiness in other less material indicators .. ?

        • NetCare
          NetCare

          Yes, I think it works something like that. Lack of money is a bit like having pain which makes it hardly possible to think about anything else. Once free of pain, or having sufficient money frees up your mind and allows you to find happiness in other things like friends, a beatifull sunrise or whatever it may be that you enjoy.