Prosperity meaning

Topics: Causality, 2009, Sustainability Pages: 3 (645 words) Published: September 29, 2013
This article is about the state of prospering. For other uses, see Prosperity (disambiguation).

Prosperity is the state of flourishing, thriving, good fortune and / or successful social status. [1] Prosperity often encompasses wealth but also includes others factors which can be independent of wealth to varying degrees, such as happiness and health.

[hide] 1 Competing notions of prosperity 1.1 Debate under economic growth

2 Synergistic notions of prosperity
3 Ecological perspectives
4 References
5 External links

Competing notions of prosperity[edit]

Economic notions of prosperity often compete or interact negatively with health, happiness, or spiritual notions of prosperity. For example, longer hours of work might result in an increase in certain measures of economic prosperity, but at the expense of driving people away from their preferences for shorter work hours.[2] In Buddhism, prosperity is viewed with an emphasis on collectivism and spirituality. This perspective can be at odds with capitalistic notions of prosperity, due to their association with greed.[3] Data from social surveys show that an increase in income does not result in a lasting increase in happiness; one proposed explanation to this is due to hedonic adaptation and social comparison, and a failure to anticipate these factors, resulting in people not allocating enough energy to non-financial goals such as family life and health.[4]

Debate under economic growth[edit]

Economic growth is often seen as essential for economic prosperity, and indeed is one of the factors that is used as a measure of prosperity. The Rocky Mountain Institute has put forth an alternative point of view, that prosperity does not require growth, claiming instead that many of the problems facing communities are actually a result of growth, and that sustainable development requires abandoning the idea that growth is required for prosperity.[5][6] The debate over whether economic growth...

References: 2.Jump up ^ Cowling, Keith (July 2006). "Prosperity, Depression and Modern Capitalism". Kyklos 59 (3): 369–381. doi:10.1111/j.1467-6435.2006.00337.x. Retrieved 10 February 2009.
3.Jump up ^ Gottlieb, Roger S. (2003). Liberating Faith. Rowman and Littlefield. p. [page needed]. ISBN 978-0-7425-2535-1.
4.Jump up ^ Easterlin, Roger A. (September 2003). "Explaining happiness". Proceeding of the National Academy of Science 100 (19): 11176–83. doi:10.1073/pnas.1633144100. PMC 196947. PMID 12958207.
5.Jump up ^ Kinsley, Michael J. (1997). "Sustainable development: Prosperity without growth". Rocky Mountain Institute.
9.Jump up ^ Klimes, F.; Turek, F. (February 1984). "The prosperity and stability of clovers in intensive grassland at higher altitudes (Lathyrus pratensis, species composition, fertilization)". Plant ecology 30 (2): 177. ISSN 0035-8371.
10.Jump up ^ Davis, J. S.; Lipkin, Y. (September 1986). Sciences "Lamprothamnium prosperity in permanently hypersaline water". Swiss Journal of Hydrology 48 (2): 240. doi:10.1007/BF02560200. ISSN 1420-9055.
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