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April 03, 2010

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Tim Zinnecker

My proposed contribution:
The UCC and Happiness (But I Repeat Myself).

Patrick S. O'Donnell

An earlier book I would recommend to those interested in this subject is Robert E. Lane's The Loss of Happiness in Market Democracies (New Haven, CT: Yale University Press, 2000).

Patrick S. O'Donnell

One more item: see too Jon Elster's delightful argument, "Self-realisation in work and politics: the Marxist conception of the good life,"* wherein he defends, among other things, the proposition that self-realisation is superior to consumption on both welfarist and nonwelfarist grounds." For instance, and perhaps not surprising given the well-known notion of diminishing marginal utility, Elster (citing Richard L. Solomon and J. D. Corbit's theory of 'opponent process') illustrates how the

"pleasures of consumption tend to become jaded over time, while the withdrawal symptoms become increasingly more severe. The consumption activity remains attractive not because it provides pleasure, but because it offers release from the withdrawal symptoms. Conversely, the attractions of self-realisation [as the 'full and free actualisation and externalisation of the powers and the abilities of the individual'] increase over time, as the start-up costs diminish and the gratification from achievement becomes more profound. There are economies of scale in self-realisation, whereas consumption has the converse property."

Elster proceeds to address the question of the institutional conditions that might promote or block self-realisation.

*In Jon Elster and Karl Ove Moene, eds., Alternatives to Capitalism (Cambridge, UK: Cambridge University Press, 1989)

Kim Krawiec

I was surprised to see that you weren't listed in the TOC, Tim -- the omission of any serious treatment of the UCC's role in happiness certainly seems like grievous omission. Thanks for the sources, Patrick!

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