Topic 1. Happy Planet Index

https://www.ted.com/talks/nic_marks_the_happy_planet_index/transcript? language=en

2: 09 What would it be like to be improving the human lot? And one of the problems that we face, I think, is that the only people that have cornered the market in terms of progress is a financial definition of what progress is, an economic definition of what progress is -- that somehow, if we get the right numbers to go up, we're going to be better off, whether that's on the stock market, whether that's with GDP and economic growth, that somehow life is going to get better. This is somehow appealing to human greed instead of fear -- that more is better. Come on. In the Western world, we have enough. Maybe some parts of the world don't, but we have enough. And we've know for a long time that this is not a good measure of the welfare of nations. In fact, the architect of our national accounting system, Simon Kuznets, in the 1930s, said that, " A nation's welfare can scarcely be inferred from their national income." But we've created a national accounting system which is firmly based on production and producing stuff. And indeed, this is probably historical, and it had its time. In the second World War, we needed to produce a lot of stuff. And indeed, we were so successful at producing certain types of stuff that we destroyed a lot of Europe, and we had to rebuild it afterwards. And so our national accounting system became fixated on what we can produce.

3: 32 But as early as 1968, this visionary man, Robert Kennedy, at the start of his ill-fated presidential campaign, gave the most eloquent deconstruction of gross national product that ever has been. And he finished his talk with the phrase, that, " The gross national product measures everything except that which makes life worthwhile." How crazy is that? That our measure of progress, our dominant measure of progress in society, is measuring everything except that which makes life worthwhile? I believe, if Kennedy was alive today, he would be asking statisticians such as myself to go out and find out what makes life worthwhile. He'd be asking us to redesign our national accounting system to be based upon such important things as social justice, sustainability and people's well-being.

4: 32 And actually, social scientists have already gone out and asked these questions around the world. This is from a global survey. It's asking people, what do they want. And unsurprisingly, people all around the world say that what they want is happiness, for themselves, for their families, their children, their communities. Okay, they think money is slightly important. It's there, but it's not nearly as important as happiness, and it's not nearly as important as love. We all need to love and be loved in life. It's not nearly as important as health. We want to be healthy and live a full life. These seem to be natural human aspirations. Why are statisticians not measuring these? Why are we not thinking of the progress of nations in these terms, instead of just how much stuff we have? And really, this is what I've done with my adult life -- is think about how do we measure happiness, how do we measure well-being, how can we do that within environmental limits.

5: 29. And we created, at the organization that I work for, the New Economics Foundation, something we call the Happy Planet Index, because we think people should be happy and the planet should be happy. Why don't we create a measure of progress that shows that? And what we do, is we say that the ultimate outcome of a nation is how successful is it at creating happy and healthy lives for its citizens. That should be the goal of every nation on the planet. But we have to remember that there's a fundamental input to that, and that is how many of the planet's resources we use. We all have one planet. We all have to share it. It is the ultimate scarce resource, the one planet that we share. And economics is very interested in scarcity. When it has a scarce resource that it wants to turn into a desirable outcome, it thinks in terms of efficiency. It thinks in terms of how much bang do we get for our buck. And this is a measure of how much well-being we get for our planetary resource use. It is an efficiency measure. And probably the easiest way to show you that, is to show you this graph.

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