The Psychology of Money
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- Опубліковано 13 тра 2024
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In this video, we explore the role money has in society, its affects on our individual lives, the challenges associated with acquiring it, and the paradoxes often found when using it. Do we need money in life to be happy? How much do we need? And how should we use it?
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As always, thank you very much for watching.
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Persuit of wonder:
Life is fleeting, we all die in a moment, nothing matters.
Also Persuit of wonder: Keep your hair. Pour money over your head to save your pricey follicles.
Per PF🎸, "Monêy? It's a gas!"
ie., . . .
🌉🚙🚴♂️🚢🌍🐝💨🍯, or
🛒📊🧰👨💼🦯🦮💨🤐😶🌫️!
The music is superfluous, distracting and inappropriate. Shame : ) The content might have been interesting
.
@@TheIgdrasil1 😂😂 agree alot
@@PursuitofWonder hey pursuit. it's a good video I love your videos and I enjoy the times you remind me of my mortality really make me re evaluate my life❤️
Top of the food chain and yet we pay to live on a planet...
it baffled me that with all our advancement, we still cant secure basic necessity for humanity
Bcz we are out of sync with nature and imposed our artificial rules on our natural ways of life .
Humanity enslaves humanity.
to live is to go back to nature, it's free in the jungle however human weren't meant to live in a city where foods isn't earned through hunting
Because we peasants are not the top of the food chain. Bankers are. They own us by making us use their product: money.
I tried living without money, I got down to $3,000 a year. I lived in a van, I ate little, no TV or internet. I loved it! I found it interesting how often police would tell me to “move along” and realized there is no freedom unless you have things, property and can pay others.
Love this lifestyle it’s freeing
When I was younger, I was driving the interstate and grew tired. I decided to stop at an official rest stop to get a nap. I was awakened by a trooper who told me that I needed to go find a hotel and sleep there.
I was young at the time and didnt think too much about it. Cant remember if I ended up staying a bit more then going, or simply departed (i know i didnt get a hotel room like he suggested).
Now that im older, im saying to myself....why on earth would a cop tell people to "move along" from a place literally labeled rest area where people are resting ?
If you're not spending money on a hotel room you're wasting the economy by being alive. Now move along please sir.@@Gizziiusa
@Gizziiusa Follow the money. They can't charge you for a hotel room plus tax, if you sleep in your car. 😂
Having things, property, and being able to pay people, basically having money, is indicative of the value you provide to society. So, typically, people that do provide value to society don't want others who aren't providing value to be taking up space and resources around them.
A lot of my outlook in life derives from Taoism. Money is seen by the Tao as a great lake, hosting water for all forms of life. The mouse might be satisfied with just a thimble of water, while a moose needs to drink a couple of gallons, but no animal can ever hope to drain the lake, _and to try to do so is as foolish as drowning from thirst._
The top 3 wealthiest people in America own half of the wealth of the whole country, so they're giving it a good shot!
@@Silks- Consider that if we believe in it, work and live for it then we also empower those who would see it all as theirs. We are the system that allows them to lead us and we are those who drive the cycle. Fingers point 360 degrees. Rarely do they point inward. 💛
@@humanbeing4995 Spoken like someone with zero understanding of economics but has watched an hour documentary about the financial system and believes they're now a seasoned veteran
@@Silks- Actually they teach economics in school, you know? However, this does not resemble what we were taught. Never ending artificial inflation isn't a thing until laws get changed to make it possible. That takes a governing body. Who votes each person in that body? Who has the option to say we don't want them to serve us. Who ends up voting people in who choose to line their pockets and claim to lead us rather than serve?
We were once told about a bridge not to jump off because everyone else is. I guess when we grew up in line, going over the railing was a no brainier. Your statement is spoken like other people are thoughtless bots, they aren't. They just aren't used to thinking for themselves.
I was actually talking about you lmao. Your most recent comment doesn't change my sentiment either
I hate having to live for an arbitrary piece of paper.
Same
You’d hate the alternative far more
Hate the alternative to enslavement?? You have wrong think..
@@aywitb911 Money isn’t synonymous with enslavement
For you to live a life with descent comfort you need other people's work, be it a farmer, a home builder, a technician at a powerplant, an engineer at a water supply. For them to live they also need other people to do the same for them. Money proved through the test of time that it allows this exchange of work. From this view, money is a way to store work. The more money you have, the more work you can expect other people to do for you. If you want work from other, you need to provide work as well. And if you want to work less then you need to expect less from other. 2 ways to achieve this are abandonning the consumerist way of life, and learning to do things yourself instead of having someone else do it.
if you have enough money for food, shelter and transportation you are blessed. if more people realized this, there stress levels would come down.
I thought food and shelter were a human right though? why should we have to pay someone else to access them?
Omg this!
imo, happiness is a choice.
Joy, happens to us - these are those moments that we have come to equate to 'happiness'.
I'm happy, not because of what I have, but because I am content and at peace with who I am in the world I am in.
Things, stuff, material wellbeing, those are fleeting and temporal.
@@seanmckelvey6618they were never a right but should be
Nothing blessed about any of that, you don't know jack shit
Why would you think that?
Don't you just love deep philosophical video ending with hair loss promotion! What a time to be alive 😢
Spoiler alert
Can't find anyone authentic these days... sad times we live in...
its for the people losing their hair due to trying to live without money. aka the stupid
capitalismmmmmmmmmmmmmmmmm
@@asuka_the_void_witch capitalism is what built the greatest country in the world ,
As a house painter I made it to the top in my company. $28 an hour, gas and health insurance. Wasn't enough, I was dead inside for 4 years. 50 hour weeks and an hour drive there and an hour back. I started my own thing, dictating my own life/work schedual and having freedom to see my family and build up other Christians brothers and sisters. It's the most freeing thing I've done in my life yet, and the happiness and motivation just to see the next day is back. I'm happy again, healthy and working out. It's amazing what doing what you actually want can do.
Nice
28 is the new 18
I'm 40 and run a painting business and I agree. Enjoy
Imma be 30 and I enjoy painting been at it for 4 yrs. I hope I can get to what u was makin. I think I would be able to manage a maintainable lifestyle then
The value of money means less and less every day, the actual cost of living hurts so many just trying to get by or literally can’t because of ridiculous high end quotas and housing programs being cut and defunded makes it impossible to qualify. For those who aren’t fortunate enough to have inheritance or a family to help suppport them when they become adults get screwed and taken advantage of 😔 great video again guys, money brings happiness but it also drives people mad being stuck without jobs or have degrees but no one to hire, people lose their sense of purpose just trying to live
Isn't it funny how since 2020, the people who were already wealthy enough to support their entire bloodline for at least a thousand years were the ones who profited immensely while the rest of us got even more poor than we already were. These last 4 years has seen one of the most dramatic transfer of wealth in history, making the gap insurmountably huge. Honestly, most rich people aren't to blame, they are just savvy business people who take advantage of certain opportunities, some of those opportunities indirectly negatively affects a lot of people at the bottom of the pyramid. Most of those rich people aren't actively trying to fuck over everyone else, they are just doing their job, which is making money.
We think they are just pure evil, sitting behind a desk with a menacing smile, rubbing their hands as they fervently think of ways to make poor people's lives worse. That just happens in the movies, and most of us have no reference over what they really do behind closed doors, but I'm pretty sure they have better things to do with their time that isn't just being an asshole. It isn't their fault that the system they live in encourages them to make decisions that fuck us over because sometimes that's how money is made.
And I'm pretty sure most people would choose to take $50 million even if it negatively affects a minor group of people halfway across the world that you don't even know.
The sun shines on all of us, yet most of us live in the shadows of men greater than us
This is why I am a communist but I don't know if it can be achieved in the future. Why must we pay for rent, healthcare and education if we are contributing to a society? Those are basic needs that everyone should have a right to. This is a ridiculous system that we are trapped in. Capitalism has achieved many great things but it's flawed and had failed many. Something needs to change that can benefit us all and not just those at the top.
@@barnacleboi2595yeah many rich and wealthy businessmen are probably just innocent good people that play this game without really knowing that they are trapped in a capitalistic system feeding it.
So real. I’m literally one of those hurt people who almost can’t get by because of high cost of living, no job and how people make living ridiculously hard
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future. Making money is not the same as keeping it there is a reason why investments aren't well taught in schools, the examples you gave are well stationed, the market crisis gave me my first millions, people shy away from hard times, I embrace them.. well at least my advisor does lol.
Investors should be cautious about their exposure and be wary of new buys, especially during inflation. Such high yields in this recession is only possible under the supervision of a professional or trusted advisor.
This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?
I stopped trying to predict market outcomes based on chart studying after 5 years of uncertainty. Not having a mentor caused me 5 years of pain. I learned to follow the market's direction and keep it simple with discipline.
@@hasede-lg9hj Please pardon me, who guides you on the process of it all?
I won't pretend to know everything, though. Her name is Melissa Rose Francks but I won't say anything more. Most likely, you can find her basic information online; you are welcome to do further study.
The key to happiness is gratitude.
💯
I think it's human connection. On a deep level. But gratitude doesn't hurt either.
@@nvmffs yep i definitely can't deny that ;) 👍
thats why liberals are always miserable. fact.
Not if you are living on bread and water
Having been in poverty for a sustained period of time (luckily not homeless though), and now being able to afford little pleasures I wholeheartedly feel that money DOES buy happiness. Just not in the way media portrays it, but if we think that money CAN get us better education, health, and living spaces, then heck yes money can buy happiness, or at least get us closer to it.
That being said, I wish humanity had a different value system where we didn't need money... but that's a subject for another discussion
Humans naturally want resources and power. Regardless of whether money exists or not human nature does not change. Money is a tool that makes civilized society on a mass scale even possible.
Indeed
I think the part of this video that resonated the most for me was spending money on things of intrinsic value (what you personally value) versus things of extrinsic value (what society values). Where I once lived, many people were focused on spending money on things of extrinsic value (designer clothes, BMWs/Mercedes, huge houses, remodeling their homes so everything was new inside). They wanted other people to like them or be impressed with their possessions. I never cared about that. I would rather spend my time doing things I want to do, so I plan to retire early. Not super early, but I didn't go into debt to buy things of extrinsic value early in life, so I saved for retirement instead. Hopefully the plan pays off - I look forward to spending my time doing things I want to do. I don't want to work at a job I hate for years and years just to own things of extrinsic value that don't make me happy anyway.
I'm 18 right now, and I feel like I did the best thing at this very moment to watch this insightful video of yours.
Thank you for all the effort that you put into these videos. All of your videos are valuable in their own ways. I appreciate your channel more than most channels in YT. Hope you gain more attention and to always improve your work over time.
I am glad you have found this channel at this age, the earlier better 😊 I also recommend Dr K (HealthyGamerGG) for general life advice if you were looking for some! I have found this channel around that age too..
Reject Society’s expectations, Young Friend. Rebuke them
@@logicake hey I turned 18 last month exactly at 19/2 my life valu7are better and I learn stoics all the 22 Marcus aurelius rules and 48 rules for powe
18 club, turned 18 last month and can relate
I was 18 way back in 2009. I started trying to make money any way I could but in a way that would he fun and in which I didn't have a boss, nothing big or difficult, mostly buying things from garage sales and reselling on craigslist or ebay, by the time I was 24 I had saved up 65k in cash. After that I got a real career for a boss and actually started down the "correct" path, working 10 hours for a boss then 9 hours, paying taxes, paying tolls, paying, paying, paying. At 33 making more money than I could have imagined I would trade it all away for the freedom of my 18-24 year old days of doing whatever I want, but I can't go back now because wife, kids, and medical and dental bills, as you get old your body needs money to keep it from falling apart, it doesn't heal as easily. And my job right now as anoying as it is to go to I can't imagine not having it because I know unemployed ex-classmates my age who are litterally living in the street and are miserable. Despite being full time I only work 15 days a month, and finally after all these years I have enough money to buy my dream home, two houses on 20 acres of land in rural PA where I can grow crops and rent one of the houses for an income without having to go to work as much anymore. If I can get the houses and land I can retire from working by maybe 35 or 40 at latest - then I will be free to do whatever I want whenever I want to.
This is an amazing video. Thank you.
Just finished the video, glad I got back to watching your channel. Your videos are so well made and love that you back everything up with research and examples that you dumb down for people like me.
I love every single one of your videos man. Thank you all of them
Always waiting for a new pursuit of wonder video as I listen to these during work
im watching this at work rn😂
Great explaination, every teenager should from time to time watch it, to understand the basics of our system,
People understand the basics of the system long before they watch a video on youtube. Unless you're a baby being raised on YT, of course lol.
@@Molotov_Milkshakeor unless your going on youtube to learn about something specific. But in this case you’re right most people know about money beforehand.
Lets not forget about the rates in which people obtain money. It took me working 3 jobs and over 60/hrs a week to make 75k a year. I felt a good sense worth and accomplishment when I saw the numbers at the end of the year. I also felt strange that other people made the same and worked far less. It was hard to accept the fact that it's not about hard work but the value society places on your time is a result of how much money you make. I want to be more valuable so that I can work less but still make the same.
..... and the people who do the most valuable work for society and who we cannot do without ie., street cleaners, sewage workers, shelf stackers, janitors earn the worst money and also of course get looked down on.
@@ChickpeatheTortietrue, but sadly it's not the matter on how hard or important the work is, but how replaceable some at a certain job is.
Those who earn more, probably studied or trained for years and need certifications or licenses or permits to do their jobs. Doctors, airline pilots, pharmacists, for example. Starting you own business helps, as well as, earning passive income from investments.
Lol I don't work for 3 years and I'm still living good.
It's basic economics - supply and demand. There is a market out there where businesses look for people with certain skills (demand) and workers who are willing to sell their for a wage (supply). If there's a greater supply of people applying for certain jobs, the lower the pay the business can afford to pay. Not too many people capable of being or even willing to be a brain surgeon, or CEO. Many are capable or willing however to be retail workers, cleaners etc. Thus follows the pay disparity.
thank you for this video...as someone who gets always stressed out around the topic of money, it helped me to understand a healthy relation we can have with money....
You do SUCH good work !!
Thank you 🙏🏽
I'm gonna make sure I'm a patron
Personally my approach is to work hard until you reach a point where you can be considered relatively comfortable (not living paycheck to paycheck), and then slow down and dedicate time to the things that make you happy. I also am mindful though to make sure I dedicate time in the present to physical and mental development, and relationships. This is just my approach, I hope everyone in the comment sections finds what they are looking for.
This is exactly the same mindset I work with now, but unfortunately due to life circumstances, I’m not there yet
Ahh yes, i believe its called dangling the carrot
It might work. However the problem is that hard work contrary to popular belief does not always lead to more money (at least not enough to ever be truly comfortable) and depending on what sort of work you do it can be absolutely detrimental to your physical health and peace of mind.
I'd recommend giving Exurb1a's 'And then we'll be okay' video out, it gives a perspective on some issues this mindset might cause if you spend your time promising yourself it will be better in the future. Although you mention you spend time on physical and mental development, and relationships; so you're caring for yourself and hopefully finding happiness in the present too.
Not happiness. This is such an error. One wants and needs freedom from pain. Happiness is fleeting and is accompanied shortly after by its opposite, sadness. Equilibrium is where it is at, and is the best way to stay free of pain.
Money bought me my freedom from the cubicle, ironically however it is the time in that cubicle that granted me the money to save and invest so I could escape it, it just took a long time. Now, my time is all my own, the ultimate pleasure. See, you can buy time.
Just out of curiosity. How old are you? Because if you say it took a long time and you are at retirement age, you would be an exception to be able to truly enjoy yourself. Most people who sacrifice their better years to work and the income that comes with it in the hope of living it up after they retire find themselves when the time comes in rough physical shape and not as well off as they taught they would be. Which prevents them to be able to finally enjoy their life.
"Time is the only resource for which no creature may bargain..." --DD1
🐲✨🐲✨🐲✨
Time is NOT a resource.
Excellent. Thank you for sharing your thoughts.
Great work ❤ wonderfully done!!
Before bartering, there is labour and that's where the value in money comes from. We don't even barter with everyone one. Like, our family. Sure, we do chores, help around or be good but I wouldn't call that bartering. That's just being a responsible person. That was how people lived as communities in the past. Even, when money was starting to be more widespreadly used, people still used it as a currency for how much labour you give back to society. My parents always told me when I was young that working hard either physically or mentally makes us wealthy. But, today it seems like some people get money for free while hard working people struggle to find jobs to even work.
I strongly disagree with this sentiment and believe it is highly historically inaccurate. Most people who work the hardest have never really made it to wealth and realistically never will. This goes back long long in time. The richest people always had people working hard FOR them. Think kings, queens, rulers, religious leaders, pharisees, chiefs......On the other end of that spectrum think slaves, servants, soldiers, wage workers... What group do you think works the HARDEST? Society seems to have been rigged for a while. The sentiment would be more valid if most people were given the same chance from birth. As you know that is far from the case at a location, genetic, opportunity..... level.
You're right, money above all is supposed to represent the value of labor. Hence, the problem with modern monetary theory. If you can create money at will then you destroy the value.
This does not seem like a lesson that I can learn by listening to once. I'll need to contemplate and revisit this. I appreciate it, doing so gives my mind rest and allows my solitude to thrive.
What a brilliant piece
Excellent presentation!
Your video truly helped me realize the significance of money; we often chase after money but forget its true meaning. I hope you'll release more videos, and I'll support you.
Very well laid out.... Mad respect
I just wonder what the advanced measurement was for happiness when it came to having more money. A survey asking people?
Since I majored in psychology, with stuff like this which are very abstract concepts to measure psychologist usually go through a specific process to develop a scale
We start with a theoretical definition based on a theory that has been proposed, we also define aspects of the variable if it's multidimensional or not if it's unidimensional
We then move on to the operational definition, which in psychology is behaviour that can be more easily observed and measured.
From that you break down the aspects into indicators which in essence is the observable behaviour that indicates the trait being present.
And from that you make the items for the scale, go through several validity and reliability checks, revise the items and make the scale
Or yknow skip all of that and just find a previously established happiness scale
Very well made, friend.
This is a truly exceptional video!
9:00 mind blowing quote
I've been thinking about this for years. Good video.
Bartering wasn't historically really a thing. Modern archaeologists now mostly think that ancient people had an honour system where you basically owed people favours. A lot of rural communities around the world still operate with the same system to some extent and even getting credit at the local store is easy for relative newcomers if the locals feel at all they can be trusted.
Came here looking for this. 😅
That seems a lot like money: symbolic representations of goods and services
Trading favors sounds an awful lot like bartering.
It's still bartering. You eventually have to perform or provide the favor. All you are describing is a form of credit.
your comment is spot on, and unfortunately most are taught that same bs line about bartering existing “before” money…money is arguably intrinsic to ALL human societies throughout time, but, as you say, it may take more invisible, crude, or variable forms than our currency today.
sadly, the whole of our world has a parasitic demon within our money, which is the central banking system, which are a cartel of private banks which own our literal currency, lending it to each nation on interest, and then taxing us all to pay for the use of this private product.
i want more people to understand this.
the facts of money will probably ALWAYS be a part of human society because it is necessary for how we relate collectively.
everyday my brain has grown thanks to you guys! LOVE YOU! :)
Very Nicely explained. appreciate it.
You are very good at what you do. Thank you.
I’ve known that money won’t make me happy, so instead of looking at it as a tool for happiness, I threat it like a game or competition, so that way I can challenge myself to make/earn more, which in return provides happiness.
really tied that product placement in there xD
What a jewelry for life this video!
THIS CHANNEL IS THE BEST !!!!!
this is the best video on the entire internet no bs
Bro..i had to pause just to say this intro was fire!
You laid the foundation down flawlessly.
*presses play to continue watching* lol
0:33 WHAT IS MONEY?
2:17 THE PHILOSOPHY OF MONEY
5:07 MONEY AND HAPPINESS
13:08 WHAT IS INTRINSICALLY VALUABLE?
Thanks a lot dude.
I like to earn money so i can pay taxes on what i earn, then when i spend money i like to pay taxes, and when i save money i like it to be taxed via inflation. If i invest money i like to pay tax on it. I work so that i can give my productivity to the government. Bitcoin is worthless because it has no intrinsic value. At least with my money i can pay taxes, lose purchasing power with inflation, and have it seized by banks or governments.
😂😂😂😂
I like your sarcasm 😂 Gov may love you ❤
Boss level of sarcasm 😂🙌
@@mueller7652 📸 this comm gonna make an nft 📉
taxes is literally what makes the system work . quit yer bitching
Money is the carrot on a stick that keeps society running. Along those lines you hear "money makes the world go 'round", which to me just makes sense.
If there is no money without people, aren't people more important? Consider the only place money exists or has value is in the brain of a hairless bipedal ape descendant. It's not real like physics or chemistry or even the fiction we write. Look around you. Look at the homeless on the street and the state of the environment. And for what? All the convenience and security an abstraction of an illusion can provide? I hope in the future we can look back and see this as foolish as we think of those who thought demons lived in the blood.
wrong. what keeps society running are hard workers. mostly republicans.
Very good video.
i was just thinking about this and saw this video on my feed
Money is just a meter that shows how high you are relative to others in pyramid of society. Without comparing yourself there would be no happiness, thus happiness of rich based on suffering of poor.
Nope, money represents labor. In order to live, you have to either produce all the things you need to live or produce something of value to someone else that you can trade for.
@@kj475 Right, because Musk and Bezos worked as hard as 1 billion people.
Money is basically everyone agreeing to the same mass delusion
Another great episode! By the way, what is the song playing in the background around the 13 min mark? Love the music!
Money first and foremost is an expression of TRUST. It is also the inevitable invention in any society that reaches a certain level of complexity; moving past it becomes nearly impossible if you don't "come up" with money as the means to exchange/interact.
Money is also by its very nature the thing that gives power, influence and priority to those who have it. This must be true, by definition.
Counterintuitive to Epicureanism, do the opposite.
Instead of trying to minimize the lows and optimize the highs. Face it. Confront life’s dark spots with courage and overcome them. And when good times come, enjoy them but be willing to strive towards adversity at any occasion.
Why? Why not just be ‘happy?’
This is happiness. The relief of the pain is so great that life feels brighter. So the real question is, what are you too afraid or unwilling to do? Then, just do it.
I am too afraid to jump in a lion's cage
@@arpitkumar4525 And this leads me to the second point of this philosophy: The layers of pain.
It's actually irrational to put someone in an environment beyond their comfort level of growth, because they won't grow; they'll die.
So, you must only attempt to endure what is reasonably within your limit of bravery and physical capabilities. I wouldn't ask you to jump in a lion's cage unless you've been acquainted to a similar experience many times; like handling tigers.
With these two points, you can overcome nearly anything with enough prep time:
1. Face and Overcome your fears & pains.
2. Stretch yourself just before failure.
The only pragmatic refutation to these two axioms is cowardice. (In which case, none of this applies to you.) Nice comment.
The experience vs possession argument/assertion was interesting in this. If not done so already, I recommend reading “Non-things” by Byung-Chul Han. 🙂
The ad I got before this video started was of a jewellery brand !
Understanding the multifaceted nature of money is crucial for personal and financial growth. It's not just about what we have, but how we choose to prioritize and allocate our resources that truly defines our path to success. 💰
One of the best invention of control 🎉
It is what it is
most pathetic saying there is today... do better.
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look.
I wholeheartedly concur; I'm 60 years old, just retired, and have about $1,250,000 in non-retirement assets. Compared to the whole value of my portfolio during the last three years, I have no debt and a very little amount of money in retirement accounts. To be completely honest, the information provided by invt-advisors can only be ignored but not neglected. Simply undertake research to choose a trustworthy one.
Impressive can you share more info?
@Jessrobbie.,
Please how do I get one?
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’BRITTNEY COHEN ROSE ” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
Britney Cohen Rose, out reach worldwide on the internet With her name first on the internet.
Appreciate the wisdom of Epicurus here.
A masterpiece .
Money… the great Motivator!!!
I've been waiting for this video, for so long.
I am so so excited!
Thank you ❤️
your profile pic is pertinent to this video, haha...
"Money
So they say
Is the root of all evil today
But if you ask for a rise
It's no surprise that they're giving none away"
Gotta love Floyd...
A lot of implying by this Epicurus guy that something not being pleasurable is painful and vice versa. Not sure how i feel about that
Yeah, it's a false premise: all pleasureable things/pursuits are "good". 🤦♂️ A PED0fyle would perhaps put forth his/her deviant appetite is "good"... but normal people of normal morality would strongly disagree. Jumping off from a false premise to make a case is, bluntly : *DUMB*
To be fair, I think his actual views were quite a lot more nuanced than implied
This video is great, if you want more I recommend reading Die With Zero by Bill Perkins
Bold considering this video is introduced with a sponsor 😭
Dead on accurate 👏🏽
"You criticize society, yet you live in society. Strange."
Wish I had more of this illusion.
"I wish people would lie more, to me ". 😐
100% facts
The question should not be whether money continues to make some happy no matter how much more they get. This seems to be true of most things addicts enjoy - drugs, gambling, etc. The question is whether your happiness spreads beyond your own id. With most addictions, not only is the addict destroyed but so is everyone around them as well.
Hey I really like your work. I have a private philosophy question to discuss with you if you ever have the time. Specifically on this topic.
Has anyone seen the American documentary "I Am (2010)" by director Tom Shadyac? The film asks the question: "What is wrong with the world, and what can we do about it?" War is about comforts of the body & greed is destroying the world.
I will have to watch that
I have never been a money person. I respect it for what it is and used for, but nothing more than that. I value time, moments, family, and nature above all else. None of those require money.
i love your videos so much that i always watch (mostly let it play) the ads.
"a measureable point system"
that can be used to "Get anything you want"
who wouldn't be addicted
This is why for years I believe money is a tool and not the determining factor for happiness. It’s also a skill, however some people are better at it than others.
Some people got lucky with being dumped an incredible amount of cash one day and others worked hard for it. Some got born into rich families, learnt the best way to make money and got support from their family. Others got the opposite. And with the cost of living only worsening, it’s become more evident not all of us are meant to be rich and some if not most may never reach that level of financial success. That is just reality, but hey what do I know? I’m just a random guy on the internet.
This one was powerful
Good video
This is a funnny video to watch
Money is just a transactional tool, or social contract , we had to invent after humanity grew exponentially. This would be analogous to “what is the pack hierarchy order for?” In a pack of wolves. They don’t need it to live per se, but it allows them to live in bigger social groups more efficiently.
That outro would definitely make KEEPs buy their own product.
Like damn..
places in Alaska still use bartering system
Currency like a flow of energy we use to power progress
My own two cents, pun intended, are that money and work are somehow related but also somewhat distant. We used to hunt for food, build for shelter and exist in small, tight knit communities for the vast majority of our existence as a species. Our means evolved faster than our brains and, somehow, we ended up inside a system that promotes stability and safety to a degree but sacrifices both agency and closeness to your labor. The reality is that to achieve the current level of comfort we enjoy, we need to share the toil of thousands and, thusly, we are pressed by society to share our own effort and time as well.
My way of looking at stuff is that you need enough money to cover your health, food and home. Anything above that is nice, but it's an extra. Looking g at things that way makes me grateful for the little comforts I manage to provide myself.
“Just be rich bro” kinda vibe to the advices of people in finance who say that “have control over your time, so you can do what you want, when you want, for however long you want”
Sure.. but who has that kind of money?? “Just work hard bro” ok.. so you work hard In per suit of that money in the hopes to achieving that kind of freedom….in that process you hand over about 80% of your waking time in exchange for that money.. how long will that take you to build the amount of money to let you “take control of your time, do whatever you want, when you want for however long you want”??
In the hamster wheel you go.. good luck.
Type of money matters too. The harder the money to create, the better. That's just one aspect of what makes Bitcoin so great. There are only 21 million bitcoin (2.1 quadtrillion satoshis).
This can't be said enough! I wish he had mentioned the hardness of money when he was talking about it being a store of value. Bitcoin will change the game. Best money out there! And it will 100% give you more "time" which is even more valuable.
Is it really possible that no one still (after thousands and thousands of years) has even attempted to conduct a study on viable alternatives to the world’s revolving around money? This was a well thought out video, but after watching it, all the talk about money and happiness, I’m constantly amazed when people understand that the barter system existed before the world revolved around money but cannot bring themselves to contemplate, or even acknowledge the possibility of an alternative other than money or barter to maximize human happiness.
With money, can a reckless, irresponsible, unwise fool have billions of dollars/power/influence? What kind of impact does that have on overall human happiness?
I believe one very important idea was not discussed in this video. In almost all cases, in order to acquire money someone else will not receive it. Large accumulations of wealth require, to some degree, suffering from an individual or group. There will always be a moral dilemma. The question will always be present, how can you sleep at night knowing people are starving, suffering, and dying, so you can have some stupid luxury thing. As an American I know I'm guilty of this to some degree, but I chose to try to take only enough to make my life work.
No, you trading your labor for money is not taking anything from a third party. If a third party needs something they cannot trade their labor for, you are free to provide it to them. What you're describing are situations where people cannot provide enough labor of value to live. This is what we have a social safety net for. We collectively contribute a portion of our labor to support them. You are also free to contribute additional labor on your own. We also have organizations that solicit labor from people to provide support for the indigent.
Ancient hedonism was very different from our modern conception of it, which has become little more than a pursuit of vain pleasures.
I think I could get down with Epicurus' kind of hedonism.
0:38 In addition to the three main points, an essential aspect was added in modern era. A distinction should be made between practical value and economic value. Money has become a medium of speculation, as in gambling in the stock market, real estate and so on. It is a pity that this is not discussed here.
Besides, I don't care about happiness. It's nice to have. In fact, the more you strive for it, the less happiness you will have. It's a paradox, like trying to fall asleep. What is more important is the meaning of life, the flow state as well as relationships. The latter can also be understood as resonance according to Hartmut Rosa. Also try to practice gratitude and awareness instead to strive for happiness.
"I am job"
~ Mrs. Doubtfire
does it all relate back to survival of the species
That money talks I can't deny I heard it once it said Goodbye
Before money there was not barter - not necessarily - some economists say there were various kinds of credit exchange systems. Credit might be the oldest form of money - older than barter.
amen.
I value knowledge quite a bit, I would wager the powerful value hiding knowledge.
$ only contributes to hapiness for as long as we all believe we need $$$. a world without $$$ is very likely happier than one in which $$$ is needed
We don’t have enough resources for that YET
dumbest comment on the internet