TEDTalks: The Capitalism Paradox Season 1 Episode 6 Nic Marks: The Happy Planet Index

In this episode of TEDTalks: The Capitalism Paradox, Nic Marks presents his idea of the Happy Planet Index (HPI). He begins by discussing how GDP has long been the primary measure of a country's success, but argues that this measure doesn't take into account a variety of other factors that contribute to wellbeing. Marks outlines the HPI as a measure of a country's success that takes into account factors such as life expectancy, perceived wellbeing, and environmental sustainability.

Marks also contrasts the HPI with other measures of success, such as the Human Development Index and the Genuine Progress Indicator. He argues that the HPI is unique in that it truly assesses the health and wellbeing of people and the planet. In addition, Marks discusses some of the countries that have performed well on the HPI, including Costa Rica and Denmark.

Throughout his talk, Marks also discusses various ways in which people and governments can work towards increasing their success on the HPI. He emphasizes the importance of ensuring that people have access to good social and psychological support networks, as these are crucial for maintaining high levels of wellbeing. Additionally, Marks suggests that governments should work towards increasing sustainability in their policies and practices, in order to reduce the impact of human activity on the planet.

Overall, Nic Marks' TEDTalk is an engaging and informative discussion of how we can measure a country's success in a more holistic way. His emphasis on the importance of wellbeing and sustainability is sure to leave viewers with a new perspective on how economies can operate in a way that is more beneficial to both people and the planet.