Capitalism can make a society rich and keep it free. Don't ask it to make you happy as well
40. Happiness, and how to measure it (The Economist December 23rd 2006)
Capitalism can make a society rich and keep it free. Don't ask it to make you happy as well
40-1-162
Having grown at an annual rate of 3.2% per head since 2000, the world economy is over half way towards notching up its best decade ever. If it keeps going at this clip, it will beat the supposedly idyllic 1950s and the 1960s. Market capitalism, the engine that runs most of the world economy, seems to be doing its job well.
But is it? Once upon a time, that job was generally agreed to be to make people better off. Nowadays that's not so clear. A number of economists, in search of big problems to solve, and politicians, looking for bold promises to make, think that it ought to be doing something else: make people happy.
The view that economics should be about more than money is widely held in continental Europe. In debates with Anglo-American capitalists, wily bons vivants have tended to cite the idea of 'quality of life' to excuse slower economic growth. But now David Cameron, that latest leader of Britain's once rather materialistic Conservative Party, has espoused the notion of 'general well-being' (GWB) as an alternative to the more traditional GDP. In America, meanwhile, inequality, over-work and other hidden costs of prosperity were much discussed in the mid-term elections; and 'wellness' (as opposed to health) has become a huge industry, catering especially to the prosperous discontent of the baby-boomers.
A. ¾îÈÖ
as well ¶ÇÇÑ. at annual rate of 3.2% per head 1ÀÎ´ç ¸Å³â 3.2%ÀÇ ºñÀ²·Î.
over half way °¡´Â ±æÀÇ ¹ÝÀ» ³Ñ¾î¼´Ù. notch up »õ±è Ç¥½Ã·Î ±â·ÏÇÏ´Ù. clip ¼Óµµ.
beat ...À» ´É°¡ÇÏ´Ù. supposedly ¾Æ¸¶µµ, Ê£ïÒ(°¡Á¤)À¸·Î.
idyllic 1950s °æÁ¦°¡ ´«ºÎ½Ã°Ô ¹ßÀüÇÏ¿´´ø 1950³â´ë. cf. idyllic ÙÌʰîÜ(¸ñ°¡Àû)ÀÎ. capitalism ÀÚº»ÁÖÀÇ. better off º¸´Ù Àß »ç´Â. continental ´ë·úÀÇ. debate Åä·Ð.
wily ±³È°ÇÑ.
bons vivant=jolly fellow, À¯ÄèÇÑ »ç¶÷, cf. º»¹®¿¡¼´Â À¯·´´ë·úÀÇ »ç¶÷À» °¡¸®Å´.
cite ÀοëÇÏ´Ù. materialistic ¹°ÁúÁÖÀÇÀû. Conservative Party ¿µ±¹ º¸¼ö´ç.
espouse [ÁÖÀÇ µûÀ§¸¦] ¹Þ¾ÆµéÀÌ´Ù, ÁöÁöÇÏ´Ù, ...¿Í °áÈ¥ÇÏ´Ù. notion °³³ä.
alternative ÓÛôð(´ëü), ¾çÀÚÅÃÀÏ. meanwhile ÇÑÆíÀ¸·Î´Â, ±× »çÀÌ¿¡.
inequality ºÒÆòµî. prosperity ¹ø¿µ. mid-term election Áß°£¼±°Å.
cater...to ¸¸Á·À» ÁÖ´Ù, ðàÓ¹(Á¶´Þ)ÇÏ´Ù. prosperous ºÎÀ¯ÇÑ. discontent ºÒ¸¸.
B. ±¸¹®
- The view that economics should . . .
[°æÁ¦Àû °í·Á´Â µ· ÀÌ»óÀÇ °ÍÀ̾î¾ß ÇÑ´Ù´Â °ßÇØ´Â À¯·´´ë·ú¿¡¼ ³Î¸® ÁÖÀåµÇ°í ÀÖ´Ù.]
40-2-163
The things you never knew you wanted
Much of this draws on the upstart science. Its adherents start with copious survey data, such as those derived from the simple, folksy question put to thousands of Americans every year or two since 1972: 'Taken all together, how would you say things are these days--would you say that you are very happy, pretty happy or not too happy?' Some of the results are unsurprising: the rich report being happier than do the poor. But a paradox emerges that requires explanation: affluent countries have not got much happier as they have grown richer. From America to Japan, figures for well-being have barely budged.
The science of happiness offers two explanations for the paradox. Capitalism, it notes, is adept at turning luxuries into necessities--bringing to the masses what the elites have always enjoyed. But the flip side of this genius is that people come to take for granted things they once coveted from afar. Frills they never thought they could have become essentials that they cannot do without. People are stuck on a treadmill: as they achieve a better standard of living, they become inured to its pleasures.
Capitalism's ability to take things downmarket also has its limits. Many of the things people most prize--such as the top jobs, the best education, or an exclusive home address--are luxuries by necessity. An elite schooling, for example, ceases to be so if it is provided to everyone. These 'positional goods', as they are called, are in fixed supply: you can enjoy them only if others does not. The amount of money and effort required to grab them depends on how much your rivals are putting in.
A. ¾îÈÖ
draw on ²ø¾îµéÀÌ´Ù, [½Å¹ß, ¿ÊÀ»] °ÉÄ¡´Ù.
upstart º¶ôÃâ¼¼ÇÑ, ¿À¸¸ºÒ¼ÕÇÑ, ÃÖ±Ù¿¡ ³ªÅ¸³, º¶ôÃâ¼¼ÇÑ »ç¶÷.
adherent ½ÅºÀÀÚ, °¡¸ÍÀÚ, ´ç¿ø. copious ´ë·®ÀÇ, dzºÎÇÑ. derive [¿øÃµ¿¡¼] ²ø¾î³»´Ù.
folksy ¼¹ÎÀûÀÎ. taken all together ¸ðµç °ÍÀ» °í·ÁÇØ º¼ ¶§. paradox æ½àã(¿ª¼³).
emerge ³ªÅ¸³ª´Ù, ÃâÇöÇÏ´Ù. affluent ºÎÀ¯ÇÑ, dz¿äÇÑ. figure ¼ö, ¼ýÀÚ.
well-being Çູ. figures for well-being ÇູÀÇ â¦ö·(¼öÄ¡). barely °ÅÀÇ...¾Ê´Ù.
budge Á¶±Ý ¿òÁ÷ÀÌ´Ù. adept ¼÷·ÃµÈ, ïñ÷×(Á¤Åë)ÇÑ. masses ÀϹݴëÁß.
flip side ·¹ÄÚµåÀÇ µÞ¸é. come to take for granted ´ç¿¬ÇÑ °ÍÀ¸·Î »ý°¢ÇÏ°Ô µÇ´Ù.
covet ÅξøÀÌ Å½³»´Ù. frill ÍÔʤù¡(°í°¡Ç°). cf. frill ÁÖ¸§Àå½Ä, ¸ñÅÐ, Çã½Ä.
stick-stuck-stuck ¼± ä·Î ²Ä¦¸øÇÏ´Ù, ¿òÁ÷ÀÌÁö ¸øÇÏ°Ô µÇ´Ù, ºÙÀÌ´Ù.
treadmill ¹ß·Î ¹â¾Æ µ¹¸®´Â ¹ÙÄû[¡¹ú·Î Á˼ö°¡ ¹â¾Æ¾ß ÇÏ´Â], ùÙÄû.
inure ´Ü·ÃµÇ´Ù, Àͼ÷ÇÏ°Ô µÇ´Ù. take things downmarket ½ÃÀå¿¡¼ ½±°Ô ±¸ÇÏ´Ù.
prize ¼ÒÁßÈ÷ ¿©±â´Ù. exclusive îöéÄ(Àü¿ë)ÀÇ, µ¶Á¡ÀûÀÎ, ¹èŸÀûÀÎ.
by necessity ÇÊ¿¬ÀûÀ¸·Î, ÝÕÔðÜô(ºÎµæºÒ), ÇÊ¿äÇØ¼, ÇÒ ¼ö ¾øÀÌ. schooling Çб³±³À°.
cease ÁßÁöÇÏ´Ù, ³¡³»´Ù. positional À§Ä¡ÀÇ, ÁöÀ§ÀÇ. goods »óǰ.
positional goods À§Ä¡»óǰ(¼Ò¼ö¸¸ÀÌ ¼ÒÀ¯ÇØ¾ß °¡Ä¡°¡ ÀÖ´Â »óǰ). fixed °íÁ¤µÈ.
fixed supply °ø±ÞÀÌ ÇÑÁ¤µÇ¾î ÀÖ´Â »óǰ. amount ¾ç. grab ¿òÄÑÁã´Ù.
B. ±¸¹®
- The things you never knew you wanted.
[´ç½ÅÀÌ ¿øÇÑ´Ù°í »ý°¢ÇÏÁö ¾Ê¾Ò´ø ¹°°Ç]
- those derived¡æthose which are derived
- question put to¡æquestion which is put to
[Á¦½ÃµÈ Áú¹®]
- Frills they never thought . . . cannot do without.
[±×µé(ÀϹݴëÁß)ÀÌ °¡Áú ¼ö ÀÖÀ» °ÍÀ̶ó°í´Â °áÄÚ »ý°¢ÇÏÁö ¸øÇß´ø °í°¡Ç°µéÀÌ ¾ø¾î¼´Â »ì¾Æ°¥ ¼ö ¾ø´Â ÇʼöǰÀÌ µÇ¾î ¹ö¸°´Ù.]
- The amount of money . . . are putting in.
[±×°ÍµéÀ» ȹµæÇÏ´Â µ¥ ¿ä±¸µÇ´Â µ·°ú ³ë·ÂÀÇ ¾çÀº °æÀïÀÚµéÀÌ ¾ó¸¶³ª ¸¹ÀÌ ÁöºÒÇÏ´À³Ä¿¡ Á¿ìµÈ´Ù.]
40. Happiness, and how to measure it (The Economist December 23rd 2006)
Capitalism can make a society rich and keep it free. Don't ask it to make you happy as well
40-1-162
Having grown at an annual rate of 3.2% per head since 2000, the world economy is over half way towards notching up its best decade ever. If it keeps going at this clip, it will beat the supposedly idyllic 1950s and the 1960s. Market capitalism, the engine that runs most of the world economy, seems to be doing its job well.
But is it? Once upon a time, that job was generally agreed to be to make people better off. Nowadays that's not so clear. A number of economists, in search of big problems to solve, and politicians, looking for bold promises to make, think that it ought to be doing something else: make people happy.
The view that economics should be about more than money is widely held in continental Europe. In debates with Anglo-American capitalists, wily bons vivants have tended to cite the idea of 'quality of life' to excuse slower economic growth. But now David Cameron, that latest leader of Britain's once rather materialistic Conservative Party, has espoused the notion of 'general well-being' (GWB) as an alternative to the more traditional GDP. In America, meanwhile, inequality, over-work and other hidden costs of prosperity were much discussed in the mid-term elections; and 'wellness' (as opposed to health) has become a huge industry, catering especially to the prosperous discontent of the baby-boomers.
A. ¾îÈÖ
as well ¶ÇÇÑ. at annual rate of 3.2% per head 1ÀÎ´ç ¸Å³â 3.2%ÀÇ ºñÀ²·Î.
over half way °¡´Â ±æÀÇ ¹ÝÀ» ³Ñ¾î¼´Ù. notch up »õ±è Ç¥½Ã·Î ±â·ÏÇÏ´Ù. clip ¼Óµµ.
beat ...À» ´É°¡ÇÏ´Ù. supposedly ¾Æ¸¶µµ, Ê£ïÒ(°¡Á¤)À¸·Î.
idyllic 1950s °æÁ¦°¡ ´«ºÎ½Ã°Ô ¹ßÀüÇÏ¿´´ø 1950³â´ë. cf. idyllic ÙÌʰîÜ(¸ñ°¡Àû)ÀÎ. capitalism ÀÚº»ÁÖÀÇ. better off º¸´Ù Àß »ç´Â. continental ´ë·úÀÇ. debate Åä·Ð.
wily ±³È°ÇÑ.
bons vivant=jolly fellow, À¯ÄèÇÑ »ç¶÷, cf. º»¹®¿¡¼´Â À¯·´´ë·úÀÇ »ç¶÷À» °¡¸®Å´.
cite ÀοëÇÏ´Ù. materialistic ¹°ÁúÁÖÀÇÀû. Conservative Party ¿µ±¹ º¸¼ö´ç.
espouse [ÁÖÀÇ µûÀ§¸¦] ¹Þ¾ÆµéÀÌ´Ù, ÁöÁöÇÏ´Ù, ...¿Í °áÈ¥ÇÏ´Ù. notion °³³ä.
alternative ÓÛôð(´ëü), ¾çÀÚÅÃÀÏ. meanwhile ÇÑÆíÀ¸·Î´Â, ±× »çÀÌ¿¡.
inequality ºÒÆòµî. prosperity ¹ø¿µ. mid-term election Áß°£¼±°Å.
cater...to ¸¸Á·À» ÁÖ´Ù, ðàÓ¹(Á¶´Þ)ÇÏ´Ù. prosperous ºÎÀ¯ÇÑ. discontent ºÒ¸¸.
B. ±¸¹®
- The view that economics should . . .
[°æÁ¦Àû °í·Á´Â µ· ÀÌ»óÀÇ °ÍÀ̾î¾ß ÇÑ´Ù´Â °ßÇØ´Â À¯·´´ë·ú¿¡¼ ³Î¸® ÁÖÀåµÇ°í ÀÖ´Ù.]
40-2-163
The things you never knew you wanted
Much of this draws on the upstart science. Its adherents start with copious survey data, such as those derived from the simple, folksy question put to thousands of Americans every year or two since 1972: 'Taken all together, how would you say things are these days--would you say that you are very happy, pretty happy or not too happy?' Some of the results are unsurprising: the rich report being happier than do the poor. But a paradox emerges that requires explanation: affluent countries have not got much happier as they have grown richer. From America to Japan, figures for well-being have barely budged.
The science of happiness offers two explanations for the paradox. Capitalism, it notes, is adept at turning luxuries into necessities--bringing to the masses what the elites have always enjoyed. But the flip side of this genius is that people come to take for granted things they once coveted from afar. Frills they never thought they could have become essentials that they cannot do without. People are stuck on a treadmill: as they achieve a better standard of living, they become inured to its pleasures.
Capitalism's ability to take things downmarket also has its limits. Many of the things people most prize--such as the top jobs, the best education, or an exclusive home address--are luxuries by necessity. An elite schooling, for example, ceases to be so if it is provided to everyone. These 'positional goods', as they are called, are in fixed supply: you can enjoy them only if others does not. The amount of money and effort required to grab them depends on how much your rivals are putting in.
A. ¾îÈÖ
draw on ²ø¾îµéÀÌ´Ù, [½Å¹ß, ¿ÊÀ»] °ÉÄ¡´Ù.
upstart º¶ôÃâ¼¼ÇÑ, ¿À¸¸ºÒ¼ÕÇÑ, ÃÖ±Ù¿¡ ³ªÅ¸³, º¶ôÃâ¼¼ÇÑ »ç¶÷.
adherent ½ÅºÀÀÚ, °¡¸ÍÀÚ, ´ç¿ø. copious ´ë·®ÀÇ, dzºÎÇÑ. derive [¿øÃµ¿¡¼] ²ø¾î³»´Ù.
folksy ¼¹ÎÀûÀÎ. taken all together ¸ðµç °ÍÀ» °í·ÁÇØ º¼ ¶§. paradox æ½àã(¿ª¼³).
emerge ³ªÅ¸³ª´Ù, ÃâÇöÇÏ´Ù. affluent ºÎÀ¯ÇÑ, dz¿äÇÑ. figure ¼ö, ¼ýÀÚ.
well-being Çູ. figures for well-being ÇູÀÇ â¦ö·(¼öÄ¡). barely °ÅÀÇ...¾Ê´Ù.
budge Á¶±Ý ¿òÁ÷ÀÌ´Ù. adept ¼÷·ÃµÈ, ïñ÷×(Á¤Åë)ÇÑ. masses ÀϹݴëÁß.
flip side ·¹ÄÚµåÀÇ µÞ¸é. come to take for granted ´ç¿¬ÇÑ °ÍÀ¸·Î »ý°¢ÇÏ°Ô µÇ´Ù.
covet ÅξøÀÌ Å½³»´Ù. frill ÍÔʤù¡(°í°¡Ç°). cf. frill ÁÖ¸§Àå½Ä, ¸ñÅÐ, Çã½Ä.
stick-stuck-stuck ¼± ä·Î ²Ä¦¸øÇÏ´Ù, ¿òÁ÷ÀÌÁö ¸øÇÏ°Ô µÇ´Ù, ºÙÀÌ´Ù.
treadmill ¹ß·Î ¹â¾Æ µ¹¸®´Â ¹ÙÄû[¡¹ú·Î Á˼ö°¡ ¹â¾Æ¾ß ÇÏ´Â], ùÙÄû.
inure ´Ü·ÃµÇ´Ù, Àͼ÷ÇÏ°Ô µÇ´Ù. take things downmarket ½ÃÀå¿¡¼ ½±°Ô ±¸ÇÏ´Ù.
prize ¼ÒÁßÈ÷ ¿©±â´Ù. exclusive îöéÄ(Àü¿ë)ÀÇ, µ¶Á¡ÀûÀÎ, ¹èŸÀûÀÎ.
by necessity ÇÊ¿¬ÀûÀ¸·Î, ÝÕÔðÜô(ºÎµæºÒ), ÇÊ¿äÇØ¼, ÇÒ ¼ö ¾øÀÌ. schooling Çб³±³À°.
cease ÁßÁöÇÏ´Ù, ³¡³»´Ù. positional À§Ä¡ÀÇ, ÁöÀ§ÀÇ. goods »óǰ.
positional goods À§Ä¡»óǰ(¼Ò¼ö¸¸ÀÌ ¼ÒÀ¯ÇØ¾ß °¡Ä¡°¡ ÀÖ´Â »óǰ). fixed °íÁ¤µÈ.
fixed supply °ø±ÞÀÌ ÇÑÁ¤µÇ¾î ÀÖ´Â »óǰ. amount ¾ç. grab ¿òÄÑÁã´Ù.
B. ±¸¹®
- The things you never knew you wanted.
[´ç½ÅÀÌ ¿øÇÑ´Ù°í »ý°¢ÇÏÁö ¾Ê¾Ò´ø ¹°°Ç]
- those derived¡æthose which are derived
- question put to¡æquestion which is put to
[Á¦½ÃµÈ Áú¹®]
- Frills they never thought . . . cannot do without.
[±×µé(ÀϹݴëÁß)ÀÌ °¡Áú ¼ö ÀÖÀ» °ÍÀ̶ó°í´Â °áÄÚ »ý°¢ÇÏÁö ¸øÇß´ø °í°¡Ç°µéÀÌ ¾ø¾î¼´Â »ì¾Æ°¥ ¼ö ¾ø´Â ÇʼöǰÀÌ µÇ¾î ¹ö¸°´Ù.]
- The amount of money . . . are putting in.
[±×°ÍµéÀ» ȹµæÇÏ´Â µ¥ ¿ä±¸µÇ´Â µ·°ú ³ë·ÂÀÇ ¾çÀº °æÀïÀÚµéÀÌ ¾ó¸¶³ª ¸¹ÀÌ ÁöºÒÇÏ´À³Ä¿¡ Á¿ìµÈ´Ù.]
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