Individual Social Capital and Subjective Wellbeing: The Relational Goods

Pena-López, Atilano; Santos, José Manuel Sánchez; Membiela-Pollán, Matías

doi:10.1007/s10902-016-9753-x

Cited by 25 publications

(14 citation statements)

References 38 publications

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“…Focusing on the results and regarding the primary hypotheses indicated above, we concluded that social factors matter. Thus, we observed that, in line with [10,15], having free time to interact with friends and family has a positive and statistically significant impact on subjective well-being. In addition, those people who showed greater environmental awareness were also associated with a higher level of happiness (other studies [75,76] express that the relationship is ambivalent).…”

Section: Resultssupporting

confidence: 53%

“…Some authors claim that the intrinsic needs of individuals have been underestimated and that they have a much more significant role than expected. Relationality is thus a basic human need, essential for well-being [44], and the relational goods or communicative/affective and noninstrumental dimension of interpersonal relationships (mutual love, friendship, companionship, identity, sense of belonging) [45,46] constitute a very relevant variable when explaining happiness [10,12,22,29,42] (Figure 1). Psychologists found positive social relationships when they examined the characteristics of relatively happier people [47].…”

Section: Effects Of Hedonic Consumption Excessmentioning

confidence: 99%

“…Because of the hedonic adaptation and the social struggle, people do not perceive the modification of the aspirations according to the effective circumstances. They spend a great amount of time in obtaining monetary objectives, sacrificing other non-material goods [10,25,48] and overvaluing comfort goods, to the detriment of relational goods that are less exposed to adaptation, aspirations, and social comparison [48]. While they underestimate the utility related to the satisfaction of the consumption of intrinsic needs (time spent with family and friends), they overestimate the characteristics related to the satisfaction of the consumption of extrinsic desires (income and status) [25]; this last question is reinforced by the effects of advertising and the media, as we noted previously.…”

Section: Effects Of Hedonic Consumption Excessmentioning

confidence: 99%

“…Richard Easterlin's text [7] gave rise to what is known as the Easterlin paradox or the happiness paradox. According to him, there is no link between the increase of per capita income and the evolution of global subjective well-being [8][9][10]. Specifically, the Easterlin paradox evidenced the error of circumscribing happiness to material prosperity, or of equating social well-being to mere…”

Section: Introductionmentioning

confidence: 99%

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The Inefficiency of the Neoclassical Paradigm in the Promotion of Subjective Well-Being and Socioeconomic, and Environmental Sustainability: An Empirical Test for the Spanish Case

et al. 2019

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The recent literature developed in the field of happiness economics highlights the overvaluation of income and material prosperity as determinants of happiness, and calls into question many of the assumptions of traditional economic theory linked to "rationality" and the "non-satiety" of the consumer. This article aimed to study which factors explain individual subjective well-being, paying special attention to the role of income and the incidence of social variables and focusing on the case of Spain. As a novelty, this research introduces variables such as trust or the perception of justice, among others. Based on the analysis of the European Social Survey and through the estimation of an ordered logit, we find that, in line with the theory of happiness economics, the material aspects do not play a relevant role as explanatory of subjective well-being, unlike social aspects, such as sociability and trust in people (social capital). In addition, our results indicate that in the case of Spain, the most materialistic people are associated with a lower level of happiness. Thus, it seems that the excess of concern for material and economic issues in the pursuit of happiness undermines socioeconomic and environmental sustainability by causing the "wealth destruction effect". economic welfare [11]. The new approach questions a good part of the traditional assumptions of the economy [12].Despite Easterlin, several studies shed light along the same lines as neoclassical theory [13][14][15], emphasizing that the excessive consideration of income, status, and hedonic consumption in the promotion of subjective well-being were still very present in different fields, such as in the economy, sociology, marketing or advertising [16]. Moreover, it is the contemporary individual, as [17] expressed, who accepts the neoclassical, reductionist, and utilitarian paradigm, as a guide for his behavior.Our goal is to study the main determinants of happiness, paying special attention to the Easterlin paradox, thus, deepening the understanding of the question about what is the real role of income as a determinant of subjective well-being. To do this, we have analyzed not only economic but also social factors. Specifically, and as novelty, this study focused on the analysis of happiness in Spain for the period 2002-2014 and highlights the importance of social factors when talking about topics such as sustainability. In this regard, we should note that in recent times, it has become very important to study social factors to address the new challenges faced by society in the achievement of a sustainable development. Authors such as [18] highlight, as in the transitioning process towards a bioeconomy, the involvement of stakeholders and the enhancement of social capital, which may become helpful in the process of achieving social sustainability. In addition, [19] found that when analyzing green human resource management, the role of social sustainability has been less explored than other pillars of sustainability, such as economic or environme...

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Section: Resultssupporting

confidence: 53%

Section: Effects Of Hedonic Consumption Excessmentioning

confidence: 99%

Section: Effects Of Hedonic Consumption Excessmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

See 2 more Smart Citations

The Inefficiency of the Neoclassical Paradigm in the Promotion of Subjective Well-Being and Socioeconomic, and Environmental Sustainability: An Empirical Test for the Spanish Case

et al. 2019

Self Cite

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show abstract

“…• Social media can also destroy social capital network when the individual is extremely confined and compulsively consumes them, not paying attention to face-to-face relationships (Chen & Li, 2017, p. 959), which are more enriching for the individual's socialization and as scenarios where relational goods are produced and fully consumed (Pena-López et al, 2017). They can deteriorate personal relationships leading to negative effects for the individual and society (Echeburúa, 2012, p. 438), being potentially harmful due to different risks, such as isolation, cyberbulling, sexting, "Facebook depression" or exposure to inappropriate content (Fagan, 2009, p. 2;O'Keefe & Clarke-Pearson, 2011, p. 800).…”

Section: The Influence Of the Media On The Cognitive Dimensions Of Somentioning

confidence: 99%

The media and its influence in the three dimensions of social capital. An opportunity for social marketing?

Membiela-Pollán

Sánchez-Amboage

Vázquez³

2020

RAE-IC

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The aim of this article is to carry out an exploratory analysis and literature review about the influence of the traditional and digital media on social capital. The concept-variable social capital refers to the set of attributes of the social dimension that promote cooperative behaviors and favor the functioning of the economy and society in general. Its study as a development factor has grown strongly in recent years. Social capital has three different dimensions: cognitive (norms and values), structural (networks of interpersonal relationships), and relational (trust). This text gathers various effects of the media in each of these dimensions and concludes that this influence can be considered as an opportunity for the implementation of social marketing, whose ultimate goal is the well-being of citizens.

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Examining the multilevel associations between psychological wellbeing and social trust: A primary analysis of survey data

Kim

Shin

2021

Journal Community Psychology

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The present study examines the associations between multiple measures of social trust and two outcomes of psychological wellbeing (happiness and depression) among South Korean adults (n = 1549) living in residential communities, that is, administrative districts (n = 77) in and around the capital city of Seoul. Based on multilevel modeling, we find that familial trust positively predicts happiness at both individual and contextual levels; and it negatively predicts depression at the individual level only. In comparison, peer trust is negatively related only to depression at the individual level, albeit marginally. Lastly, general trust significantly predicts both outcomes at the community, but not individual, level. These mixed findings suggest that the trust‐wellbeing relationship depends critically on issues of definition (how the variables are conceptualized) and measurement (how they are operationalized according to different units of analysis). Our study offers implications for the literature on social determinants of mental health broadly and, more specifically, on the role of social trust.

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Individual Social Capital and Subjective Wellbeing: The Relational Goods

Cited by 25 publications

References 38 publications

The Inefficiency of the Neoclassical Paradigm in the Promotion of Subjective Well-Being and Socioeconomic, and Environmental Sustainability: An Empirical Test for the Spanish Case

The Inefficiency of the Neoclassical Paradigm in the Promotion of Subjective Well-Being and Socioeconomic, and Environmental Sustainability: An Empirical Test for the Spanish Case

The media and its influence in the three dimensions of social capital. An opportunity for social marketing?

Examining the multilevel associations between psychological wellbeing and social trust: A primary analysis of survey data

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