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ecological economist Peter Victor
Juliet B. Schor • True Wealth: How and Why Millions of Americans Are Creating a Time-Rich,Ecologically Light,Small-Scale, High-Satisfaction Economy
Data on units of apparel from AAFA (2008)
Juliet B. Schor • True Wealth: How and Why Millions of Americans Are Creating a Time-Rich,Ecologically Light,Small-Scale, High-Satisfaction Economy
In 1991 Americans bought an average of thirty-four dresses, pairs of pants, sweaters, shirts, underwear, and other items. In 1996 that number had risen to forty-one. By 2007 per-person consumption had soared to sixty-seven items. American consumers were purchasing a new piece of clothing every 5.4 days.
Juliet B. Schor • True Wealth: How and Why Millions of Americans Are Creating a Time-Rich,Ecologically Light,Small-Scale, High-Satisfaction Economy
The wealthiest eighty-five people on the entire planet have more money than the poorest 3.5 billion people combined. It’s hard to even take in that statistic. Between 1979 and 2007, the wages of the top 1 percent of households in the United States rose ten times more than the bottom 90 percent.
Maggie Kulyk • Integrating Money and Meaning
The second component is the spur to