The Age of Abundance
In his new book The Age of Abundance: How Prosperity Transformed America's Politics and Culture, Brink Lindsey argues that mass prosperity (by historical standards) fundamentally altered American political and cultural debates, shifting them from arguments over wealth distribution to more cultural/spiritual concerns. The "culture wars" are, in this view, a result of prosperity. I think he's basically right.
Certainly, anyone transported from the 1920s, or even the 1960s, would think we were living in a material paradise. But memories are short, people tend to romanticize the past, and expectations increase along with the standard of living. Luxuries like air conditioning or restaurant meals, even at fast food joints, become necessities.
Here's what I bought at the supermarket Monday for $6.00. (The minimum wage is $5.15 an hour.)
That's dinner for a family of four, or at least it was before portion bloat, and it's already prepared. A fried chicken was even cheaper.
We have so much stuff you can run a wildly successful and much-admired business selling boxes to put it in. In fact, these Container Store shoe boxes are stacked up waiting for someone I met through Freecycle to pick them up. We have so much stuff, people organize self-help networks to give it away. For more on Freecycle and "unconsumption" (or, perhaps more accurately, deconsumption), check out these posts from Steve Portigal's blog. (If you found my Forbes article on self-help networks interesting, be sure to check out Steve's posts, particularly the earliest one.)
Unlike some people, I don't see abundance as problem or a sign of decadence. I think it's great. But it does pose challenges. Just because you can have "everything" (not literally) doesn't mean you'll be happier if you do. And, as the Container Store's success suggests, the problems of sorting and storage become serious. I have no problem managing the shoes and clothes, but books are another matter. I haven't counted, but it's safe to say we have thousands, very few of them disposable. In late summer, we'll be moving back to L.A., and our place there is much smaller. Even with lots of Container Store products and consulting, I have to carefully scrutinize book acquisitions. So when I tell you I'm happy to add The Age of Abundance to my library, you should consider that a strong "Buy" recommendation.
Brink has also started (actually re-started) a blog at BrinkLindsey.com.