latitudnueva comments on Does Colombia Economic Grouth Increase Happiness ?
response In response to dw's last post -- I apologize that my earlier post was too general to seem relevant. I can't make specific comments about Colombia as I don't have first hand knowledge of Colombia, as you do. But I do know a bit about development economics, and about some other Latin American countries.
The "let them eat cake" attitude dw reports among the overclass of Llano Grande is not unique: you will find the same apathy in the affluent neighborhoods of Quito or in San Isidro, Buenos Aires (although in the latter case, there is less apathy than before 2001's economic crisis). Does this make the rich "bad" people? Well, does "callous" = "bad"?
I'm glad Leeroy brought up _The Economist_ story. The point about income distribution is reflected in, among other things, an econometric called the Gini coefficient, which measures income distribution. On the Gini scale, 0 = perfect income equality, 1 = perfect income inequality.
Per the 2006 UN Development Report, the Latin American countries with the highest inequality measured by the Gini coefficient were Bolivia (.601) Colombia (.586), Paraguay (.578) and Chile (.571). The countries with the lowest inequality in the region were Nicaragua (.431), Ecuador (.437), Venezuela (.441) and Uruguay (.449). Mexico was .495. The U.S. was .408 (and this has increased steadily towards inequality since 1950). Canada was .326.
This simply captures numerically one of Leeroy's points: to the extent that it can be captured and measured, Colombia has relatively a great deal of income disparity. And I agree: disparity is definitely a component of "economic unhappiness".
Significant economic disparity + awareness of the disparity + resentment over the disparity = unhappiness?
As for people flashing narco-cash, I'm reminded of "The Cosby Show Theory of Why the Berlin Wall Fell": that East German workers watched "The Cosby Show" from splashover TV signals from West Berlin and couldn't understand why they weren't far better off than the Cosby family. This bred discontent, which bred revolution.
The question posed at the beginning of this thread, "Does Colombia Economic Growth Increase Happiness" targets Colombia, but it really is a general question. Does economic growth equal more happiness? As _The Economist_ article Leeroy cites, yes -- but only to a certain (modest) extent. Then the law of diminishing returns kicks in.
For anyone other than a philosopher, Joe's anecdote about the girl from Barrio La Milagrosa who worked 30% less hours for *more* money indicates that, although the rich will get a lot richer and the poor won't, some *will* see tangible benefits from economic development. Until a universal definition of happiness comes along, I'd say working less for more money (and let's face it, in a market economy money is a form of both positive and negative freedom) will do.
I'm not a believer in trickle down economics, either, but my earlier point is relevant: Palo Alto's wealthy homes make due with alarm systems; in Houston the wealthiest neighborhood also has a private police force; in Quito the wealthiest homes also require barbed wire and armed security guards. Increasing levels of security suggest (arguably) increasing levels of ambient resentment, suggesting (arguably) increasing levels of (some form of) unhappiness.
So yeah: although economic development itself won't solve income disparity (probably the opposite), it probably will create at least pockets of greater ambient happiness.
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Procura lo mejor, espera lo peor y toma lo que viniere.