Monday, October 28, 2013


Johann Wagener 10-28-13

Definition of 'Affluenza' A social condition arising from the desire to be more wealthy, successful or to "keep up with the Joneses". Affluenza is symptomatic of a culture that holds up financial success as one of the highest achievements. People said to be affected by affluenza typically find that the very economic success they have been so vigorously chasing ends up leaving them feeling unfulfilled, and wishing for yet more wealth.

The idea of the world's wealthy 1% is still a powerful one – and graphics like the pyramid below demonstrate that stark contrast between the few and the many.

32m individuals (just 0.7% of the world's population) together hold US$98.7tn (or £62,000,0000,000,000, which represents 41% of global wealth).

At the other extreme, there are 3.2bn individuals at the bottom of the pyramid. Together they have 3% of global riches, despite representing 68.7% of the world population.