Thursday, October 31, 2013

Words of wisdom - Jealousy, Envy

According to Lucy Kellaway
"There is benign envy, which motivates you to be better than the person you envy. And there is malicious envy that makes you want to take them outside and do something unspeakable to them."
There are several reasons why I am bringing up the envy and jealousy issues here:

First of all, if you are strongly inclined to these emotions you will suffer all your life working in organizations, which are a breeding ground for jealousy and envy. You will lead a much happier life working on your own or managing your own business.

Secondly, what is frequently overlooked is that envy also arises because of a sense of fairness, justice, and impropriety. In a society, envy also comes up if some people benefit greatly from some economic policies, but at the cost and the detriment of the majority.

Therefore, once again, I am touching on increasing wealth and income inequality and its impact on the economy and on society.

As Will Durant explained,

“In progressive societies the concentration [of wealth] may reach a point where the strength of number in many poor rivals the strength of ability in the few rich; then the unstable equilibrium generates a critical situation, which history has diversely met by legislation redistributing wealth or by revolution distributing poverty”