Lots of things in the Bible can easily be interpreted in very disturbing ways to support all kinds of evil. That is why I think the notion that the Bible is infallible is downright preposterous. I don’t see anything supporting your interpretation except these very dubious premises of yours. People laugh and are thought well of when they have wealth? Really??? I see very little evidence of that, and much more to the contrary. Instead I see very good reason (both in life and in the text) to see this as all being about the temporary and superficial nature of good fortune, happiness, and respectability. It is right there in the consequences which follow.
Woe to you that are full now, for you shall hunger.
Woe to you that laugh now, for you shall mourn and weep.
But are not the other two different? Yes but there is a common thread and pattern connected to the context.
“Blessed are you poor, for yours is the kingdom of God. 21 “Blessed are you that hunger now, for you shall be satisfied. “Blessed are you that weep now, for you shall laugh. 22 “Blessed are you when men hate you, and when they exclude you and revile you, and cast out your name as evil, on account of the Son of man! 23 Rejoice in that day, and leap for joy, for behold, your reward is great in heaven; for so their fathers did to the prophets. 24 “But woe to you that are rich, for you have received your consolation. 25 “Woe to you that are full now, for you shall hunger. “Woe to you that laugh now, for you shall mourn and weep. 26 “Woe to you, when all men speak well of you, for so their fathers did to the false prophets.
The common thread is things change and that points to a message of hope, warning and looking to the future. One doesn’t speak in this way to get people to accept the way things are and nor does it make sense to understand this as judgement when it is immediately followed by a warning against judgement. How then are we to respond to such a message except to prepare for the future. And thus it is one thing to be miserly rich and quite another to use your resources to make the world a better place. If you are trying to understand this in a way consistent with how Jesus speaks elsewhere then it would be for those-who-have to be aware of and consider those-who-have-not, for you can easily be one of the latter yourself in no time.
They are more extreme but consider the context. After the parable of the sower, that is when the disciples ask Jesus why He speaks in parables, to which Jesus says that people will close their eyes, ears, and mind refusing to hear what is meant. And in John 6, the people who heard him couldn’t get past the simplistic literal meaning of what He said. All analogies are a matter of similarities and differences and yes I do see similarities with what is said in Luke 6 from taking what He says in too simplistic a manner contradicting the context.
P.S. On the link between wealth and happiness…
Clearly a link has been found between the two. A google search will easily bring up studies where this link has been demonstrated.
On the other hand, I was reading this website where it was found that that a good portion of the link between wealth and happiness was in how much of that wealth was spent on other people.