“Affluenza is that strange desire we feel to spend money we don’t have to buy things we don’t need to impress people we don’t know . . .”
A truly modern affliction, affluenza is endemic in Western societies, encouraged by those who profit from a culture of exploitation and waste. So how do we cure ourselves? In today’s episode Ebony talks to Chief Economist Richard Denniss about why we must distinguish between consumerism and materialism.
Host: Deputy Director Ebony Bennett @ebony_bennett
Contributors: Chief Economist Richard Denniss @RDNS_TAI
You can subscribe to The Australia Institute’s podcast series Follow The Money on iTunes. Each episode busts some economic myths, interprets econobabble and helps you sound really smart at your next dinner party.