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The economics of happiness

The economics of happiness

This 65 minute film was a very well-produced documentary which focused on the analysis of globalization which government and massive businesses keep promoting. It tries to show us how large scale globalization has caused high levels of depression and emptiness of consumer societies, it has caused people to spend less time doing stuff as spending time with families. The film describes a solution to this: localization. The solution, according to the film is that people should start focusing on local communities for example building good relation with neighbor or buying thing like vegetables from a local farmer instead of buying from massive industries and companies. The film gives us many examples of the large globalization for example as the fact that fruits like apples are grown in the UK taken into south Africa where they are waxed then they are bought back to be sold in super markets in areas like Britain. Globalization causes climatic changes which are very dangerous for both humans and animals, it breeds insecurities so on and so forth. It shows us how the world has turned into a very fast paced place.

The solution to this by showing us local farmer’s markets and many renewable energy initiatives decentralized energy generations and shows us many methods for instance reducing carbon emissions etc. Towards the end of the film, the documentary shows us about a remote community living in the Himalayan Mountains in a place called Ladakh. The people of Ladakh once used to live in spacious and large homes with no unemployment; no pollution and everybody had food to eat, people were happy and lived with harmony following their cultural traditions. But things began to change because globalization also affected Ladakh for instance people started bringing in cheap and subsided food, their culture was bombarded with media images and advertisements which showed western cultures as more superior and better and tried to tell the people of Ladakh that they were backwards and poor in a progressed and well developed world. In present day, Ladakh faces many problems which were once non-existent in their culture such as pollution and people being jobless, overall happiness of the people is way lower than before.

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Some people from Ladakh who are taken on a tour to the UK where they are shown the reality of western culture. They are shown landfills and homes filled with abandoned pensioned people living alone away from proper families. This is done in an attempt to show those people that the western culture is not always the best and the most benefitting and suitable.

The narrative demonstrates to us that globalization has caused numerous issues which can now just be settled by restriction since globalization just advantages vast organizations to create cash and little and poor networks are deserted. In the event that globalization isn’t legitimately managed, the general status will keep on decorate making us float further far from one another, our families and our societies. The poor will continue getting less fortunate and the rich will continue getting more extravagant.

Capitalism has also failed the people in many ways in different parts of the world because Capitalism builds on historically-inherited inequalities of class, ethnicity, and gender. We see that in many countries around the globe such as United States and France, the richest small 1-10% of the people posses a huge number of the overall wealth of the country. Large companies use poor people to work at their factories and outlets and minimum wages. Rich people have many opportunities and better life and health care, educational opportunities and standard of lives while the poor on the other hand have to work for the massive multi-million companies at very minimum wages, having no other options as nobody else would hire them other ways. This way the richer percent of the population earns more and more money using the cheap labor of the lower class people. This way the rich keep accumulating wealth while the poor keep working at minimum and low wages with very little opportunities and facilities.

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This causes a massive imbalance on happiness levels as well. While the rich keep getting richer, enjoying the luxuries and all the opportunities the very small percentage of the rich stays happy with their lives while the lower class people have to work at minimum wages, clearly unhappy with lives but since they do not have other opportunities, they have no other option but to stay working for the higher class people.

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