• How can we balance self-interest?

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    Balancing self-interest involves integrating personal goals with the well-being of others and the broader society. Here are some key insights from experts on how to achieve this balance:

    1. Intrinsic Motivation:

      • Samuel Bowles highlights that in many jobs, especially those lacking direct oversight, intrinsic motivation plays a critical role. People need to find personal satisfaction in doing a good job, not just rely on external rewards or supervision 1.
    2. Self-interest vs. Pro-social Behavior:

      • Emiliana Simon-Thomas from the emphasizes the importance of balancing self-interest with pro-social behavior. While self-interest is sometimes necessary (e.g., avoiding danger), leveraging our social tendencies can significantly enhance our well-being and happiness 2.
    3. Future Self Integration:

      • Hal Hershfield advises integrating present and future interests rather than viewing them separately. By thinking of your future self as another person for whom you care and feel responsible, you create harmony between current desires and long-term goals 3.
    4. Social Intelligence:

      • Benoit Kim underscores the need for social intelligence to gauge others' reactions and interests in interactions. This awareness helps maintain a balance between following personal curiosity and considering the comfort and involvement of others 4.
    5. Compassion and Self-interest:

      • Jack Kornfield and Yung Pueblo discuss balancing self-interest with compassion through mindfulness and meditation practices. Developing inner clarity aids in managing personal desires while maintaining compassion for others 5.
    6. Enlightened Self-interest:

      • Dan Carlin notes that enlightened self-interest—where self-benefits align with the greater good—can be more impactful than purely altruistic or selfish motives. This approach helps individuals make decisions beneficial to both themselves and their communities 6.

    By understanding and applying these principles, individuals can better navigate the complexities of balancing self-interest with the well-being of others.

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