The Hidden Cost of Money with Sebastian Bunney (WiM472)
The "What is Money?" Show
The Impact of Money on Society and Happiness
Financial security is crucial in Maslow's hierarchy of needs for individuals to move towards self-actualization. Rising living costs can keep individuals stuck in meeting their basic needs, hindering their ability to contribute altruistically to society. The societal focus on external validation through material possessions distorts the perception of happiness, leading people to believe that it comes from external sources rather than being an internal state of mind. Financial pressures in society prevent individuals from introspection and self-reflection, limiting their ability to pursue their values and contribute positively to the world.
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