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Completely disagree
Professor Mariano Rojas
Professor of Economics, Universidad Popular Autónoma del Estado de PueblaRegard for others may translate into greater societal well-being through many channels. First, having good intentions makes it more likely to take actions that benefit others. Second, people who know that others are concerned about their situation may get a greater sense of value and this increases their well-being. Third, acting in the benefit of others may also contribute the the well-being of donors. Fourth, selfless people who focus more on the situation of other people may be less focussed on attaining materialistic rewards; selflessness may produce a change of focus: from materialistic values (the realm of objects) to relational values, which contributes to generate societal wellbeing.
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Disagree
Professor Ruut Veenhoven
Professor of Sociology, Erasmus University RotterdamA bit more selflessness add to societal wellbeing, among other things by reducing 'free rider' behavior
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Disagree
Professor Ada Ferrer-i-Carbonell
Professor of Economics, IAE-CSICSelflessness behavior is likely to increase societal wellbeing, as it has the potential to improve the well-being of a large number of individuals, while selfishness aims at increasing only onea??s well-being. If societal well-being is the (weighted) sum of individualsa?? well-being, it seems that selflessness has the potential to increase societal well-being. This statement of course assumes that selflessness does not have a cost for the individual in terms of well-being, or at least the cost is smaller than the benefits for the others. The literature seems to show (ignoring causality issues) that individuals contributing to social capital are not unhappier than the others, which supports this hypothesis.
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Neither agree nor disagree
Professor Bruno Frey
Visiting Professor of Economics and Wellbeing, University of BaselSelflessness is often welfare increasing but may also lead to the promotion of the particular goals of the persons concerned which may deviate from overall welfare.
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Neither agree nor disagree
Professor David Blanchflower
Professor of Economics at DartmouthI don't know
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Agree
Professor Leonardo Becchetti
Professor of Economics, University of Rome Tor VergataI follow the approach of Antonio Genovesi when saying that "if you care about yourself, and you are not crazy, than you should be virtuous and care about wellbeing of others" or similarly John Stuart Mill "Those only are happy, I thought, who have their minds fixed on some object other than their own happiness, on the happiness of others, on the improvement of mankind, even on some art or pursuit, followed not as a means, but as itself an ideal end. Aiming thus at something else, they find happiness by the way [Mill, 1893, pg. 117].
My point is that "true self interest" is acknowledging that we are relational human beings and therefore taking care of others cannot be defined as selflessness. Or, said in other term, contributing to wellbeing of other is the best way of pursuing one's own interest -
Disagree
Professor Heinz Welsch
Professor of Economics, University of OldenburgThere is ample evidence that individuals who behave altruistically (e.g. through volunteering) are happier (more satisfied). Though it is not entirely clear which way the causation runs (from behavior to happiness or the other way round), some experimental evidence suggests that there does exist an effect of selflessness on happiness. Another strand of the literature suggests that altruism may be competitive, that is, the altruism of others reduces the altruist's happiness. I do not think, however, that the negative comparison effect eliminates the overall positive effect. With respect to environmentalism (taken as a form of altruism) there is also some evidence that a greener self-image is associated with more happiness, independent of actual green behavior. As to the "recipients" of generous/altruistic acts, there may be opposing effects. On the one hand, their objective circumstances improve. On the other, there may be sentiments of shame or embarassment. My gut feeling is that on balance societal well-being would benefit from more selflessness..
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Completely disagree
Professor Wenceslao Unanue
Associate Professor, Business School, Universidad Adolfo IbáñezAltruism, and the need for benevolence, are among the most important indicators of people and societiesa?? happiness. Our data show that altruism increases hedonic well-being as well as eudaimonic well-being, and not only at the individual level, but also in the workplace and at the societal level.
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Agree
Professor Paul Frijters
Professorial Research Fellow, CEP Wellbeing Programme, London School of EconomicsThis is a very tricky question because there is no easy definition of selfishness or any obvious mechanism to make a whole population more or less selfish. Yet, if we think of a selfish system as one that openly advocates the pursuit of self-interest as the motor of its economy via private ownership and profit-driven enterprise, then all the most happy countries are countries that openly have a place for selfishness: all the Northern European and Latin American places with high wellbeing are market economies that have a central role for materialism and private gain. Places that openly profess they are some form of selfless utopia (which is what you see in authoritarian places or countries dominated by a religious hierarchy) are not doing so well.
It is also an old point of the defining pieces in economics, such as Bernard de Mandeville's 'Fable of the Bees' where he argues that a place where everyone is selfless and oriented towards the public good is dull, uncreative, somewhat poor, and bound to be taken over by more selfish and vibrant places. Wellbeing and some degree of selfishness are thus not each other's opposite. -
Disagree
Professor Homa Zarghamee
Assistant Professor of Economics, Barnard College, Columbia UniversitySelflessness entails taking on the wellbeing of others in one's own decision-making. Societal wellbeing is hindered by externalities in markets for private goods and freeriding in markets for public goods. If selflessness takes the form of internalizing societal costs of one's own behaviors, and internalizing the benefits to others of curtailing freeriding, then societal wellbeing is unambiguously improved. If, however, selflessness is a sublimation of self to, for example, violent groups that would engage in arms races with other groups, then societal wellbeing may benefit from focus on the self.
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Disagree
Professor Martin Binder
Professor of Socio-Economics at Bundeswehr University MunichMore selflessness could lead to more volunteering, a stronger civic mindedness and civil society and a strengthening of our communities and social networks. I am convinced this would translate into a better world and more satisfied people in it.
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Disagree
Professor Maarten Vendrik
Retired Senior Assistant Professor of Economics, Maastricht UniversityBy now it is well known from happiness research that giving to other people makes you happier. Hence, we can expect that when people become less selfish, they as well as the favoured other people will become happier. However, selflessness should not go too much at the expense of the satisfaction of one's own basic needs. Otherwise, selflessness may in the end lead to less happiness of the selfless person to such an extent that it is not compensated by higher happiness of people favoured by the selflessness of the selfless person. However, when everybody in a social group becomes more selfless, in the end everybody is likely to become happier. On a higher level of aggregation, when higher selflessness does not lead to less motivation to do one's best in paid work, societal wellbeing is then likely to rise as well.