What brings more happiness: money or power?
Eric Nakagawa stashed this in psychology
I think after a certain financial point, that an increased or higher level of "feeling useful" or "being needed" makes me happier.
Is "respect and admiration of others" really a measure of power? I guess I think of power as the ability to create or destroy things at will, not just to make other people like you.
Making other people like you is a interesting type of power. Being able to sway small or large groups who have influence could be seen as a major strength when trying to make big changes. The type of power you're referring to is definitely the more exciting type, hidden behind closed doors or deciding peoples fates with a simple thumbs up or thumbs down.
The kind of power Joyce is talking about takes too much effort to maintain for most people.
Most people want the trappings of power -- jets and rolexes -- but those can be bought with money.
More discussion of this topic here:
Scarface was a great movie...
"All I have in this world is my balls and my word, and I don't break 'em for no one."
Interestingly enough, power does seem to correlate to SWB, or subjective well-being (whether called sociometric status or respect and admiration of others) in the animal kingdom of communal and pack species, like apes and wolves etc. I can't recall the link at the moment, but scientists studying these groups found that alpha and subordinate animals had vastly different hormonal and physiological profiles--the higher the social rank and power in the group the less stress-induced hormone baselines and the more healthier the animal.
The healthiest and most un-stressed animals in the pack were always the alpha males (or alpha females). This could make sense from selection bias if we imagine every alpha animal needs to remain healthy to maintain their dominant position in the face of all challengers; or, we could also argue that maintaining the alpha position provokes chronic paranoia, anxiety and insecurities by such constant vigilance and defense in maintaining this status. However animals in these dominant power positions routinely had more relaxed and healthy physiologies, which we might presume correlates to animal happiness, or SWB. Can't really say.
Apparently it's only in humans where we can find individuals pursuing powerful social positions and who have achieved high sociometric status yet are a neurotic mess. But maybe they brought those problems with them in the first place...as Tony Montana proves,
"Say hello to my little friend!"