Albert Camus, Jane Austen, Woody Allen and other famous philosophers, scientists, business people, and thinkers define the meaning of money and wellbeing. In a consumer society, competition and consumption drive economic prosperity and social welfare. There are individualistic and collectivistic cultures. Individualistic cultures are characterized by self-reliance, pursuit of career and financial success, and fierce individualism. Collectivistic cultures value interdependence, mutual support, and social networks. There is a difference between other-focused and ego-focused emotions. The Japanese are loyal to their employer and often work for the same company their whole life. And the company offers many rewards to the employee – paying rent, offering excellent working conditions, and providing financial incentives. Individualistic cultures encourage competition. These are two opposing views on loyalty, financial success, career development, and other values. Which one is better? Depends on where you grew up. And whether you meet and get to know people from different cultures, backgrounds, and walks of life.
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