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If I waste the money I was saving for a holiday, wouldn’t regret be the more likely emotional response to losing the chance to go on holiday? Or perhaps even relief if it turned out that my wasting the money was a subconscious tactic to subvert the possibility of doing something I didn’t really want to do but could consciously see no way to avoid it? I might feel guilty if I’d let other people down by my wasteful behaviour but I am not sure I’d feel guilty about letting myself down. I am suggesting that to feel guilt there needs to be an external component, whether this be other people directly, or standards I espouse, or religious beliefs and constraints. Without this externality, which may have been internalised but did start off as external, I need convincing that guilt will be felt.

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