It is often argued that the most effective way to create a happier society is to ensure that the gaps between the richest and the poorest members are as small as possible. While bridging the gap between the richest and poorest members can reduce inequality, thereby contributing to a happier society, I wholeheartedly disagree that it is the most effective approach. I believe that strengthening social security can provide people with greater financial stability and peace of mind
It is undeniable that the small differences between the richest and the poorest citizens can help create a happier society. Narrowing this gap promotes greater equality and reduces financial insecurity. For instance, when low-income people have access to better services such as education, housing, healthcare and other necessities, they are likely to experience less stress and dissatisfaction. At the same time, a vast wealth gap can create a divide between social classes. Consequently, when the disparity becomes smaller, citizens may be more willing to trust and cooperate with one other, hence reducing perceptions of inequality and resentment among different social groups and strengthening social cohesion, which creates a happier society.
However, although this method can actually create a happier society, I do contend that it is not the most effective way. Another effective way to create a happier society is to strengthen the social security system. Governments can provide adequate unemployment benefits, pensions and affordable healthcare, which can act as a financial safety net for people facing unexpected difficulties. As a result, individuals are less likely to experience severe financial anxiety when they lose their jobs, become ill or reach old age. This greater sense of security can reduce stress and improve their overall life satisfaction. In short, this approach may be more effective because it directly protects individuals from financial hardship, rather than simply reducing the income gap between different groups.
In conclusion, admittedly, narrowing the gaps between the richest and the poorest members can create a happier society. However, I firmly disagree with the notion that this is the most effective way, because other measures, such as strengthening the social security system, can provide more direct protection against financial hardship and contribute more reliably to people’s well-being.