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Essay / Research Paper Abstract
This 10 page paper sets out to prove that the wealthy are no happier than those in the lower echelons of society. Many myths about wealth and happiness are dismantled. Bibliography lists 10 sources.
Page Count:
10 pages (~225 words per page)
File: RT13_sa44monycant.rtf
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Unformatted sample text from the term paper:
paper properly! I. Introduction When little Susie or little Timmy express in class that they want to be
artists or dancers when they grow up, there are gratuitous chuckles. There is a wink and a nod. How cute are these kindergartners who think that they should pursue their
dreams, the teacher thinks. After all, rather than pursuing her life long dream of becoming an actress, she pursued a sensible occupation. In fact, many children in America grow up
believing that they should become successful. What is success? Success ideally is the pursuit and attainment of happiness. It is living comfortably and raising a family. But in a world
where money is valued, and class is linked solely to that almighty dollar, success is equated with making cash and lots of it. The more money one has the
more one engages in conspicuous consumption. Yet, the practice has been criticized and further, money does not buy happiness. Well-known economists such as Thorstein Veblen, Joan Robinson, J. K.
Galbraith, Tibor Scitovsky and Ezra Mishan criticize consumption on personal tastes as opposed crude economic analysis (Stabile 685). Veblen in particular revealed his personal tastes as he detested luxuries;
he made suggestions that half of all consumption is wasteful (Lebergott as cited in Stabile 685). Veblen had good company as Adam Smith, Jeremy Bentham, John Stuart Mill, and
Alfred Marshall all agreed with the assessment (685). There is a difference between buying things one can afford and buying them to elicit envy in others. Status-driven consumption is
an unwholesome desire for wealth as a means of display which had become increasingly evident in the United States (Mason 871). Thus, if much excess wealth and spending is tied
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