The cycle of work and spend -- Stretching reference groups -- The visible lifestyle -- The costs of overspending -- Getting off the consumer escalator.
Summary:
"Juliet Schor scrutinizes what she calls 'the new consumerism' -- a national phenomenon of upscale spending that is shaped and reinforced by a commercially-driven media system. She argues that 'keeping up with the Joneses' is no longer enough for middle and upper-middle class Americans, many of whom become burdened with debilitating debt as they seek to emulate materialistic 'TV lifestyles'"--Container.
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