"The American people have to think hard about their definition of the meaning of the good life, that hedonistic, materialistic society of high levels of consumption, increasing social inequality is not a society that can be part of the solution of the world's problems."

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Many social critics wag their fingers at what they perceive to be frivolous luxury spending. But that misses the point that consumption norms are local. It's not just the rich who spend more when they get more money. Everyone else does, too. The mansions of the rich may seem over the top to people in the middle, but the same could be said of middle-class houses as seen by most of the planet's seven billion people.

— Robert H. Frank