Earn more, spend more, want more:
It results in an obsessive, envious keeping-up-with-the-Joneses state of mind that increases our vulnerability to emotional disorders, and is responsible for rising levels of depression, addiction, violence and anxiety in the developed world. It is, I believe, a contagious disease of the middle classes.
It does seem many people lose focus on happiness and instead focus on buying more things. This is something that I believe is a problem.
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Hi CCIE,
Very Interesting article of “affluenza virus” by Oliver James, which deals with the placing of a high value on money, possessions, appearances (physical and social) and fame. It is an detailed article Telegraph.co.uk
You have very interesting and informative posts on Investing , Economics and others. Thank you for sharing your valuable info here on your blog.