Denmark’s Heartrunner app demonstrates the Way that 100K+ volunteers could be dispatched to cardiac emergencies in the vicinity. They are often there before ambulances arrive (Martin Selsoe Sorensen/WashingtonPost).
COPENHAGEN (Denmark) COPENHAGEN (Denmark) My title is the chief executive officer of the Happiness Research Institute. On a weekly basis, I speak to a handful of journalists from around the world. Denmark always ranks as one of the happiest countries in the world. A lot of journalists stare at me with disbelief and wonder, “Why are they so content?”
Denmark is one of the countries with the highest tax rates worldwide. It is often cited in the context of one of the main complaints against this Danish Welfare system. The median year-round Danish income is around 39,000 euros, or close to $43,000. In other words, an average Danes pay 45 percent tax on income. Danish tax rates are progressive. If you earn more than 500 euros a year (roughly $67,000), the taxes rate (7 7 percent) adds 7 percent to your earnings.
It’s not surprising that nearly 9/10 Danes make their payments in a pleasant way, according to a Gallup survey from 2014.
A large amount of support for Denmark’s welfare system stems from the fact that welfare systems transform our wealth into well-being. We don’t have to pay taxes. We invest in the society we live in. We’re buying a quality life.
The reason for the high levels of happiness in Denmark is the welfare system’s ability to decrease risks, uncertainties, and anxiety among the population, as well as prevent extreme discontent.
Danish welfare programs give people the chance to live their happiness regardless of their economic background. Here are a few examples.
Education is free, and there aren’t any tuition charges at all, even in universities. Each student in Denmark gets $900 per month from the State. This means that I won’t have to worry about how I can fund my children’s education. Their skills and ambitions will decide the course of their lives rather than my money.
Danmark’s laws regarding parental leave are among that are among the largest laws in the world. They permit parents to take 52 weeks of leave and receive up to 32 weeks’ worth of aid through the State. Employees are entitled to five weeks of holiday, which allows families and friends to bond over time.
Every person has access to high-quality healthcare, which is free, as well as the social security system acts as a risk-reducing instrument. Danes have less worry than the rest of us and are happier.
Let’s look closer to our discussion of the Danish Flexicurity Model, which provides a flexible employment market that reduces anxiety about unemployment.
Danish Flexicurity Model
Danish market for labor is built around flexibility and safety for employees and proactive labor market policies. Golden triangles of flexibility are composed of these three components that work in concert to the mutual benefit of everyone. Employers, workers, and even the unemployed get benefitted from the golden triangular. It allows businesses to adapt to changes and remain in business. It also serves as a safety system for both employees and those in unemployment. Employers can alter their staff without difficulty, and the jobless can look for new work without financial stress.
A labor market policy that is in place will assist both those employed and working and unemployed to stay active and proficient. There are numerous opportunities to keep learning and improve your abilities. The policy of an active labor market aids the unemployed with finding work and helps them stay engaged in the search for new opportunities.
“The Golden Triangle Of Flexicurity
Many researchers believe that the fact that the welfare model reduces anxiety and risk is one of the primary factors behind why Denmark has a high score on the happiness test. Denmark is a great country for keeping out extreme happiness. A study published in 2010 showed that the most deprived Danes are happier than the most prosperous Americans. This is due to the Danish being able to enjoy a greater range of social benefits than Americans. The distinctions between the richest and poorest citizens of every country are tiny. This is the reason Denmark is one of the countries in which people are the most resilient to change and are the most at ease with their everyday life.
The happiness of Denmark is similar to that of the United States. As per Richard A. Easterlin (Professor of Economics at the University of Southern California), “There is more equality in happiness in Denmark than in Scandinavia.” This is mainly due to the fact that the poorest people are doing better and have better lives in Denmark and Scandinavia than elsewhere.
Happiness A New Measure of Progress
The people who adhere to the law are more worried about their happiness.
Recent years have seen the concept of happiness, well-being, well-being, and the quality of life have significant contributions to policy-making. A resolution was adopted in the United Nations, inviting countries to evaluate happiness levels in their communities. The Organization for Economic Cooperation and Development ( OECD) has now incorporated life satisfaction as a metric of progress. OECD Secretary-General Angel Gurria states, “Improving our living standards should be the primary goal of our public policies.”
The goals are a result of the growing consciousness of politicians, scientists, and the general public, who are aware that economic performance is not an accurate gauge of society’s advancement.
I have seen a huge amount of anxiety about the economy despite the growth in economics. I can see that South Korea and the United States have seen huge growth over the past 10 years, but they have not been able to convert wealth into wealth.
Denmark is not a perfect utopia. There are issues and challenges like in other nations. But, I think Denmark could serve as an inspiration for how other nations can improve their quality of life.