publication . Article . 2017

Conceptualising the Economy-Society Nexus in Well-Being and Happiness Initiatives: Gross National Happiness in Business in Bhutan and Social Impact Bonds in the United Kingdom

Alessandrini, Donatella; Jivraj, Suhraiya;
Open Access
  • Published: 13 Dec 2017 Journal: International Critical Thought, volume 7, pages 526-546 (issn: 2159-8282, eissn: 2159-8312, Copyright policy)
  • Publisher: Informa UK Limited
  • Country: United Kingdom
Abstract
This article explores how well-being and happiness (WBH) is conceptualised in different geographical contexts, and how this understanding is able to affect policymaking and engender socio-economic and legal change. Whilst WBH initiatives seemingly stem from a critique of gross domestic product as a measure of societal “progress,” we show how, in itself, such critique cannot be the basis for understanding WBH as a unitary transnational phenomenon that offers a radical re-thinking of the relationship between economy and society. By focusing on two concrete instances and specific sites, that of the Social Impact Bond in the United Kingdom and the “Gross National Ha...
Subjects
free text keywords: Gross domestic product, Nexus (standard), Well-being, Unitary state, Political science, Austerity, Gross National Happiness, Happiness, media_common.quotation_subject, media_common, Government, Economy, K
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