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Is morality an obstacle to personal happiness?
You can concentrate on your own well-being when you don't have to think about others.
If people didn't feel bad when doing mean things, they would be happier.
If one derives happiness solely from pure hedonistic indulgence, then one's morality might hinder the extent of said indulgence.
Being careless about other people's interests can help a person professionally and economically.
As social animals, our well-being is tied to the well-being of those around us (e.g. we suffer when someone we like suffers).