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Development And Happiness

Author

Listed:
  • José Dalmo Silva de Souza

    (Universidade Regional do Noroeste do Estado do Rio Grande do Sul (Unijuí))

  • Dieter Rugard Siedenberg

    (Universidade Regional do Noroeste do Estado do Rio Grande do Sul (Unijuí))

Abstract

Needs can be spiritual, non-economic materials, and economic materials. The individual well-being variable depends on tangible and intangible factors. Economics studies man’s challenge in satisfying infinite economic needs with finite production. Addresses the required choices. All action is generated by a passion and guided by reason. Action is preceded by calculation. Happiness is a state of well-being that transcends the scope of economic reason. The individual’s action in defending collective interests is the action that optimizes the defense of his own self-interest. Economics and politics can be conceived as self-poetic social systems formed from the functional differentiation of the social system. Political decisions on the allocation of economic resources bring results in the social sphere. Decisions on production imply the qualitative social perception of the result in well-being. Development cannot generate happiness, but it provides an indispensable basis.

Suggested Citation

  • José Dalmo Silva de Souza & Dieter Rugard Siedenberg, 2021. "Development And Happiness," Revista de Economia Mackenzie (REM), Mackenzie Presbyterian University, Social and Applied Sciences Center, vol. 18(spe), pages 155-175, special i.
    • Handle: RePEc:aft:journl:v:18:spe:2021:specialissue:p:155-175
    DOI: 10.5935/1808-2785/rem.v18nespp.155-175
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    More about this item

    Keywords

    Development economics; happiness; needs; well-being; economic calculation.;
    All these keywords.

    JEL classification:

    • A1 - General Economics and Teaching - - General Economics
    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values

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