Propaganda: Strangely, This Writer could not find any images that supported state intervention – only the opposite – even though research has shown it contributes more to human happiness. Interesting!

A country whose government intervenes to protect citizens from market instabilities appears to promote greater human happiness, according to research published by the London School of Economics.

The finding would suggest that Conservative governments, that prefer to leave the people at the mercy of the markets, are wrong-headed in their attitude. We all knew that anyway, didn’t we?

But the researchers have also made it clear that further inquiries are warranted – and offer no judgement on whether an expansive, activist state is “better” or “worse” than a limited one, even though they have found that social democratic policies do contribute to a world in which there is greater life satisfaction.

Public policies that attempt to insulate citizens from the ups and downs of the market economy appear to promote greater human happiness for all citizens in society.

Living in a country with more than average interventionist policies compared to less than average has a greater effect on happiness than the difference between someone who is married compared to unmarried and someone who is employed compared to unemployed (two of the most common predictors of subjective well-being).

We also find that the relationship between more government intervention and greater happiness is present for all citizens, regardless of whether they are rich or poor.

We further maintain that the market economy itself deserves renewed scholarly attention as a major factor in the empirical study of human happiness.

In short, the market system is a principal force determining the happiness of people and should be theoretically attended to as such.

Source: Citizens are happier in countries where the government intervenes more frequently in the economy | British Politics and Policy at LSE

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