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Published by: Rotman Management Magazine
Originally published in: "Rotman Management Magazine", 2008
Length: 4 pages

Abstract

The top tier of society's income and wealth distribution has become a widespread emulative target, and there are implications for consumer satisfaction and collective well-being. The author describes the roots of the problem and how three shifts - in wealth and income distributions, of women into corporate hierarchies, and of the growing importance of electronic media - have led to an escalation of North Americans' consumer aspirations. She then shows how quality of life has been affected in at least three important ways and ponders a sustainable way forward.

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Abstract

The top tier of society's income and wealth distribution has become a widespread emulative target, and there are implications for consumer satisfaction and collective well-being. The author describes the roots of the problem and how three shifts - in wealth and income distributions, of women into corporate hierarchies, and of the growing importance of electronic media - have led to an escalation of North Americans' consumer aspirations. She then shows how quality of life has been affected in at least three important ways and ponders a sustainable way forward.

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