Does “living your best life” really cost billions of dollars? The majority of respondents to a recent survey believe the response is no. Few people in the world truly desire to become billionaires, according to research from the University of Bath, which is positive for the environment.
Does infinite wants drive human behavior?
According to the team, there has traditionally been an economic tenet that “infinite wants” serve as the driving force behind human behavior. As a result, the global populace continues to fight to amass increasing amounts of riches for themselves rather than their family, keeping them on a “consumerist treadmill.”
Researchers warn that as long as society is based on the idea that everybody wants to be the wealthiest person on Earth, it will have “dire consequences” for the Earth’s natural sustainability and health. Even though unrelenting economic expansion has exacerbated worldwide pollution and natural resource consumption, it may also enhance affluence around the world.
The team set out to find out if people all around the world actually wanted all the things that society presumes they do in light of this. On six continents, they polled close to 8,000 individuals in 33 different nations. The purpose of the survey was to find out what respondents believed they required to live their “totally ideal life.”
Most young people have unlimited demands.
Surprisingly, most respondents claimed they might live their greatest lives with much less than $10 million in 8 %. Respondents said that they could accomplish this in some nations for less than $1M.
Even though that might still seem like a lot to some, it actually amounts to much less cash when you realize that most people estimate they will require that much money throughout their entire lives. The wealthiest individual in the globe currently has over $200B in the bank. That amount of money, according to the report, would enable 200,000 people to live their ideal lives. Researchers discovered that in many nations, young folks and city inhabitants are more prone to have limitless demands.
