I see the thread's going into the real world examples relatively well, so I might as well talk about the philosophical angle.
1. A happy man is a man that has fullness of life, wellness of body and peace of mind.
>Wellness of body: physical health, it also implies that the education, social resources and needed time to maintain and increase his health must all be prerequisite. A man who has this attribute is not plagued by ailments against his body nor his mind and is sufficiently strong as to protect himself and others from harm.
2. The capitalist seeks to accrue capital for himself by accumulating capital via the extraction of surplus value from labor time. This requires the structure of capitalist markets, the existence of laborers and a bourgeois state to protect his right to property
3. Theoretically, there is nothing preventing the happy man and capitalism from coexisting, they are not mutually exclusive by definitions, theoretically the capitalist and the laborer could be happy.
4. Conversely, if we were to examine the motivations for capitalist markets, the bourgeois class and the laborers, we would see that the Happy Man is a difficulty and not a boon to the capitalist, lest only the capitalist happy. The Happy Man does not need to consume, nor work for a wage to increase his happiness, should he exist in de facto as a Happy Man. The capitalist requires that the majority labor for him and by from him. Thereby the capitalist must either be the only Happy Man, or his product must be what makes men happy.
5. As shown, theoretically the capitalist and laborer relation is compatible with happy men, should the product of the labor be what makes men happy. However, this is only possible if there is only one capitalist, and he is content selling only one product and extracting very, very little from his laborers' produced value and also provides them surety and means of health and the hypothetical perfect commodity that makes men happy at reasonable price. There may be only one capitalist or united group thereof, obviously, because those who partake of the perfect product will not buy more perfect products from others, already possessing Fullness of Life and not needing more.
6. Given the above, we can see that the system of markets and the potential wealth of the capitalist would benefit greatly if men were not happy, in that those without Fullness of Life, Peace of Mind, and Wellness of Body would seek those things, which a capitalist could theoretically offer them in exchange for capital. Further, the capitalist would obviously be able to accrue more capital if his product only made men happy for a time. He could accrue even more if his product did not make men happy at all, rather only partially sating the desire for happiness. He could accrue the maximal amount of capital if his product not only did not make men happy but also merely created an illusion of partial satisfaction while making the true desire for happiness worse.
7. In conclusion, logically, it is the most rational course of action for the capitalist to frustrate the natural hunger in man for happiness and to redirect it to his product, which not only does not make them happy, but increases their hunger. Thereby, capitalism and the Happy Man, while not mutually exclusive of definition, do not naturally occur in the same space, Happy Men do not create capitalist relations, capitalist relations do not create or benefit Happy Men. For Mankind to be truly Happy, capitalist must be abolished.
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