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Reading Notes November 16th

Reading Notes November 16th - Carter Whittington Jordan...

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Carter Whittington Jordan Radke Soci 415 16 November 2011 Reading Notes 11/16 Lane’s article is concerned with the declining general unhappiness of the members of market economies where theoretically they are supposed to be better off. He focuses on the issue of why general happiness has declined while the market has consistently grown. Moreover, he talks about three concerns; subjective well-being, human development (including virtue), and justice. He makes some useful conclusions that will be helpful in answering the questions at hand. Lane finds that happiness is decreasing and depression is increasing in the US, despite economic growth and affluence. He makes sense of this finding by alluding to biblical references saying that man prefers companionship and a solid family life before material goods. Because developing countries usually have a decent family life and a good sense of companionship, money is what seems to bring subject well-being, he argues. I agree with the idea that
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