How money you need to lead your “absolutely perfect life”? Answer for most peopleaccording to new research university psychologists is $10 million (£8.6 million), but not Americans, who they say need at least $100 million and often insist on 100 billion dollars.
Academics at universities of Bath, Bath Spa and Exeter found that contrary to the assumption that everyone wants to be as rich as possible people say they would be happy with several million.
The study of almost 8000 people from all over world found what in 86% of countries majority of people thought they could achieve their ideal life with $10 million or less.
In Argentina, India and Russia more than 50% of people they said they would like $1 million or less. However, in US majority of people they said they would need at least $100 million or more to lead ideal life, with 31.7% (most popular answer) say they would like to like at least $100 billion.
In the UK, the most popular answer (26%) was $1 million, with the majority answering that $10 million or less would be sufficient. Thirteen percent said they would like $100 billion or more.
“The fundamental economic principle that everyone is guided by “unlimited desires” is stuck on The consumer treadmill and the desire to accumulate as much wealth as possible is not true, ”says the published study. in This is reported by Nature Sustainability. “[The] Vera in this principle has also had dire consequences for Health of planet. The desire for a constant increase in personal wealth and the desire for endless economic growth has come to a severe cost. As wealth increased, so did resources. use and pollution.”
Dr. Paul Bain, lead researcher and associate professor of the department of psychology at university of Bat, said so far the numbers in typical answers sound like a lot of of money”if they are considered to represent a man’s ideal wealth throughout his life, they are relatively moderate.”
“Ideology of unlimited desires when portrayed as people nature can create social pressure for people to buy more what they really are want,” he said. “Having discovered that most people’s ideal life is actually quite moderate, which can make it socially easier for people behave in ways that more aligned with what makes them truly happy and support tougher policy help protect the planet.”
Dr. Renata Bongiorno, co-author of report and social psychologist at Bath Spa University and University of Exeter, said: “The findings are a stark reminder that most view not necessarily reflected in policy that allow accumulation of excessive amount of wealth on small amount of faces.
“If the majority people strive for wealth that is limited, politics that support peoplex more limited needs, such as a wealth tax to fund sustainability initiatives, can be more more popular than is often portrayed.”
Growing coalition of politicians and opinion leaders call for introduction of taxes on wealth throughout world to help close the “staggering” gap between the richest and the poorest in society.
Rowan Williams, former archbishop of Canterbury, called on United Kingdom government introduce a wealth tax on in super-rich to help tackle “growing inequalities” which he says are “seriously damaging to our collective spirit and trust”.
“Spiral inequality is the main issue in our society, and all evidence suggests that this is seriously damaging our collective spirit and trust,” Williams said. “Wealth tax of the kind we support admits it’s highly disproportionate rewards for very small amount of citizens will not for united and just national community”.
Williams told super-they are rich should No view payment back wider society as a tax burden, but also as an “opportunity build stable, stable economy it works for each”.
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government data show richest 1% of households in The UK has at least £3.6m. On the other end of scale, poorest 10% of households have £15,400 or less, with nearly half laden with more debts than they have in assetsaccording to data published by the Office for national statistics.
wealth tax on the top 1% can generate at least £70bn a year. yearaccording to research Greenwich University. This will be equivalent to 8% of in current total tax, but will only affect about 250,000 households.
property tax commission set up in 2020 to consider costs and benefits of introduction of a wealth tax one-off 1% tax on households with more than £1 million. It stated that the tax would bring in £260 billion. more than enough to cover a year’s funding of NHS and social care costs.
