Management & Development of Happiness - A Priority in Socio-Economic Development (original) (raw)

2005, SSRN Electronic Journal

If bigger objects go into a jar, then there will be space to fill it with smaller objects in sequence, depending upon the size of subsequent objects. Like a Magical Demo, at any point of time the jar is not full, till the smallest fills it to a saturated level. If the order of the objects are reversed, then it ends in filling it at the starting point, without any space to fill further. Happiness in life is a Logical Info similar to this Demo. If one fills the bigger priority needs in the life, then there will be enough capacity to fill relatively smaller needs in sequence, to attain progressive happiness. It ends in frustration, if the order of priority is changed. Even though some feel that money can buy happiness, the majority opinion is that money cannot bring happiness, and it can induct problems as well. In the Economic scenario, GDP is used as an index to measure the progress. But from the point of view of peoples' happiness, which is an essential socioEconomic Development need, GDP is vague relation builder. Governments and Private corporate sectors in different developed nations do have attempted to induct more happiness to their employees, by ensuring more money generation opportunities, lower working hours, increased fringe benefits etc… But, frustration and depression seem to be increasing in proportion to the Tangible wealth gain. Also the priority needs of households change over a period of time, and people feel happy by comparing their possessions relative to others around. It is because, the Tangible (TEE) wealth generation is dribbled (filtered) by Intangible (EYE) feelings of Happiness and satisfaction.