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Shvoong Home>Business & Economy>"Beyond An Economy of Work and Spend" Summary

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"Beyond An Economy of Work and Spend"

Book Summary by: AcaDemon    


In "Work and Spend", Juliet Schor builds quite a persuasive case that consumerism breeds discontent as it constantly pushes
the envelope in terms of the desirability of material possessions. According to Schor, this creates an endless cycle of 'work and spend' that necessitates longer working hours, the sacrifice of leisure, and a situation where happiness has failed to keep up with economic growth. The paper argues that, while the conclusions that Schor reaches on the pitfalls of a consumerist culture are evident, given empirical evidence, there is ground to believe that consumerism alone is not the sole cause of discontent or longer working hours. It shows that closer examination of some of the causal connections Schor makes in building her case reveal the decisive influence of several other factors.
Published: November 12, 2006
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