A Brief History of Consumer Culture
thereader.mitpress.mit.edu
thereader.mitpress.mit.edu
This may be an explanation for the failure of John Maynard Keynes' prediction in 1930 that the working week might drop to 15 hours a week, with people choose more leisure as their basic material needs were satisfied.
Also if you're a fan of his work watch 'The Loving Trap' https://www.youtube.com/watch?v=x1bX3F7uTrg
Enjoy.
When was this written? The post date indicates today, but are these people really working along such long time horizons that we can't work out the consequences of 2008 twelve years later?
> Galbraith, who had just published “<a href="https://www.theguardian.com/books/2016/jul/11/100-best-nonfi..." target="_blank" rel="nofollow">The Affluent Society</a>
Which would indicate recently (post-2016).
Edit: I'm also seriously annoyed by articles that don't display the published date.
Edit2: But I believe it references the quantitative easing, "printing money to boost the economy", which has been done ever since 2009, and which so far seems to have been working, but there's uncertainty as to whether it's sustainable or will lead to a collapse of the whole economy.