It has been amply demonstrated that wealth doesn't really buy happiness. What helps though is more wealth than thy neighbor's. If you are both poor buggers but you're a bit less poor you're likely just as happy as if you were both well off but you yet a bit better off. So this is not really about wealth but about social status. Modern western societies correlate social status with wealth and commercial propaganda does everything to foster this correlation. It does that because the drive for social status seems to be one of the stronger motivations in humans and the propaganda wants to utilize that drive. This comes down to two consequences: firstly it drives people to economically perform at their personal optimum - which in itself is not bad, in particular it was not bad when people were really poor, though today it may be a bit over the top - secondly it drives people to appear just a bit better than their peers - which can have detrimental effects on the common good.
The Xin system strives to harvest the social status drive as well. But it does not take that circumvention through wealth but allows individuals to directly harvest esteem from their peers through their words and deeds toward others, others who might manifest their esteem (good or bad) in a Xin. While the current model of western societies drives people to maximize economical gains, the Xin system would drive people to optimize social interactions.
However, the Xin system is not the only factor in the manifesto. You could still do economically better than your peers (maybe not as grotesquely better than today, but that depends on the actual adjustment of some parameters). And I assume their exist reasons outside of social status to pursue economical wealth. Thus taken together, the manifesto proposes something that is in my opinion a bit better balanced and better suited to contemporary economical reality than our current way of doing things.
Thorsten Roggendorf 2008-11-06