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by: Jason BockPosted on: November 19, 2008May 22, 2014

“The New American Frugality”

Got some interesting assessments/perspectives today on what is or will be happening on “Main Street” in response to our economic hard times:

  • from the AP, The New Frugality: Americans return to thriftiness
  • from Andrew Keen, The cultural crisis of capitalism
  • from the New York Times (which Keen references), The Formerly Middle Class

Does the conversation about how our society is going to change go far enough?  Does it sell the crisis short?  Are we kidding ourselves to say we can imagine what things will be like at their worst?  Or, do we need to take a good, long, serious listen to what history has to say about it?

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