French President Proposes the 'Joie de Vivre Index'

'Joie de Vivre Index'?! Now THAT sounds like something people would like to sign up for!

Excerpt from The Independent, 14 September 2009

'The official measure of political success should be "revolutionised" to include happiness and well-being as well as growth, President Nicolas Sarkozy suggested today.

The French president said that he would lead a "fight" – starting at the G20 summit at Pittsburgh next week – to remove the "cult of figures" and the "cult of the market" from international definitions of progress and achievement.

Instead of material growth alone, he said, GDP (gross domestic product) should be expanded to include measures of genuine well-being, such as "leisure time" or the "quality of public service". France would start compiling such figures immediately, he said, and would battle to change the statistical systems used by all international organisations.

President Sarkozy was speaking at the Sorbonne University in Paris after formally accepting a report which he commissioned 20 months ago from a team of left-leaning or unorthodox economists, led by Joseph Stiglitz from the US, Amartya Sen from India and Jean-Paul Fitoussi from France. The report calls for a global "statistical system which goes beyond commercial activity to measure personal well-being."...

Since the near collapse of the world banking system a year ago, Mr Sarkozy has been arguing the need to "re-found" capitalism on greener and more "moral" lines. "For years, the official figures have boasted of more and more economic growth," he said yesterday. "It now appears that this growth, by placing the future of the planet in danger, destroys more than it creates? All over the world, people are convinced that we are lying to them, that the figures are false, or worse, faked. Nothing could be more damaging to democracy."

The President...suggested that the new figures should include some way of measuring the benefits of leisure time, the quality of public services and also "personal services provided within a family circle". France, the country of the 35-hour week and good but expensive state health care, would score much higher in such an index than, say, Britain or the United States.

President Sarkozy is also planning to pick a more specific fight with other G20 leaders next week. His office let it be known yesterday that he would walk out – repeating his threat at the London G8 summit earlier this year – unless world leaders endorsed his plans for curbs on bankers’ bonuses'