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Against Thrift: Why Consumer Culture Is Good for the Economy, the Environment, and Your Soul.(Brief article)(Book review)
Against Thrift: Why Consumer Culture Is Good for the Economy, the Environment, and Your Soul
James Livingston. Basic, $27.50 (288p) ISBN 978-0-465-02186-4
Since September 11, Americans have been exhorted to spend more; to do otherwise would be un-American, ill-advised, or just plain wrong. Livingston (The World Turned Inside Out) adds his voice to the chorus in his polemic against thrift. Our commonsense notion of how growth happens is completely mistaken, he argues; private savings and investment do not drive growth. He makes a persuasive case for consumer culture: why it's actually good for the economy, the …
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