BEHAVIORAL AND SOCIAL PSYCHOLOGICAL ASPECTS OF THE PERCEIVED WELL BEING DECREASE IN MODERN DEVELOPED ECONOMIES

Teodor Sedlarski ()
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Teodor Sedlarski: Faculty of Economics and Business Administration, Sofia University St Kliment Ohridski

Yearbook of the Faculty of Economics and Business Administration, Sofia University, 2025, vol. 24, issue 1, 231-261

Abstract: This paper looks at alternative explanations for the phenomenon of statistically registered decreasing levels of subjective well being in modern developed societies. It summarizes insights from contemporary social theoreticians’ work linked to concepts like status, conspicuous lifestyles, social transparency and control, achievement pressure, burnout, collapse of shared narratives and loyalty structures, framing and self exploitation. Research along these lines points to often neglected downsides of materially satisfied living in liberal highly competitive market economies.

Keywords: social status; imperative to achieve; excess positivity; self exploitation; psychopolitics; burnout; transparency society; depressive hedonia. (search for similar items in EconPapers)
Date: 2025
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