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...have this cycle we've developed-work intensively, buy more, repeat," says Carolyn Danckaert, New American Dream's director of home and communities programs. "At a certain point, the accumulation of stuff starts to drive your life." As Juliet Schor, an economist at Boston College who helps run the group, points out in her book The Overworked American, when workers became more productive over the second half of the 20th century, we as a society chose to take the benefit as more stuff. We could have also decided to, say, work a little less...

Author: /time Magazine | Title: Why Big Shopping Bargains Are Bad News For America | 11/27/2009 | See Source »

...lure of cheap goods, though, is incredibly strong, even once we've reached the point of substantial creature comfort. In her book Cheap: The High Cost of Discount Culture, writer Ellen Ruppel Shell devotes the better part of two chapters to how inexpensive goods mess with our minds. She describes one experiment in which researchers used brain scans to show that the joy of a discounted item comes before it's bought; by the time a person is at home with his new thing, the luster is gone. On Black Friday, I watched shoppers on TV proudly state how much...

Author: /time Magazine | Title: Why Big Shopping Bargains Are Bad News For America | 11/27/2009 | See Source »

...resignation of Marrazzo, a member of the center-left, serves the conservative Berlusconi politically. The Prime Minister can argue that he is hardly the only politician guilty of peccadilloes. Opposition supporters point out that Marrazzo rather quickly pulled out of politics after the revelations while the Prime Minister has never shown an ounce of contrition. But Vittorio Zincone, who writes on politics and culture for the weekly magazine of the Milan daily Corriere della Sera, says there is an unconscious effect on the body politic. "The Marrazzo affair solidifies for many Berlusconi's reputation as the real ladies man," says...

Author: /time Magazine | Title: In Italy, A Sex Scandal to Rival Berlusconi's | 11/26/2009 | See Source »

...saying there have been mistakes. Zuma: That's part of the reality we have to look at. It's 15 years into our democracy, and you cannot still say after 15 years, after 20 years, that you are not able to do X, Y and Z. At this point in time, we have to do something extraordinary to make sure we are able to continue to move forward. Admitting your mistakes is also because I believe that honesty is important in politics. You lose nothing by admitting to where there have been weaknesses. When you recognize that, you can correct...

Author: /time Magazine | Title: Jacob Zuma: 'We Have to do Things Differently' | 11/26/2009 | See Source »

...came to that point. And what it is doing now - renewal - is a measure of how it is able to rise to the occasion. It's paying attention to its principles and values. It's talking about the renewal of the organization and how we have to do things differently. We cannot say after 15, 20 years that we cannot resolve our issues. This is about our capacity to adapt to new conditions, to analysts what are the new challenges. That's what the ANC is doing right now. We are just past the stage where we might have turned...

Author: /time Magazine | Title: Jacob Zuma: 'We Have to do Things Differently' | 11/26/2009 | See Source »

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