kuidaskassikaeb wrote: I really don't think that people really want all the crap they own, and you really don't need that much. People do, however, crave status, respect, and a sense of validation, and they always will.
You're right. You know, it's really sad that the consumer cr*p is valued over things like education and ideas. I was lucky enough to be brought up by depression era parents who taught me the value of saving, investing, doing without, etc.
I about 1985, I read "Money and Class in America". This was several years out of college, and I was just getting to the level of a "decent" income. It portrayed people trying to "keep up with the Joneses" in a very clear way. It dawned on me -- suppose I am "rich" - do I ever compete with the likes of Bill Gates? Heck no.
That was it for me. Never got on the consumer acquisition treadmill, and am sure glad. Too bad the noise from all the ads drowns out common sense.
Note: I noticed that book in the cheap "remainders" section of our most popular local bookstore a few years later. (Bought a few copies dirt cheap to give to friends). I guess mass consumers don't like to read anything that points out how gullible/shallow they are.
Given the track record of the perma-doomer blogs, I wouldn't bet a fast crash doomer's money on their predictions.