Westdale BumbleBean ( @Westdale BumbleBean
) has his #cost
As we prepare to launch ourselves off the cliff of financial sanity and into the whirlwind of conspicuous consumption that has come to define the Christmas season for many in the Western world, I thought I'd share a few publications that have helped me expand my thinking as to what we mean when we say things like 'Value' and 'Credit,' 'Debt' and even 'Currrency.' 1) In 'The Value of Nothing' author Raj Patel goes deep into the true cost of everything we buy and presents a compelling case about the hidden and very dire social and ecological consequences we face as a result of our 'lowest price wins' consumer mentality.
2) From the June 2017 issue of The Walrus, 'Maxed Out: Why we're living beyond our means' delves into Canada's middle-class debt crisis and outlines how we are encouraged by banks and government policy and of course, those pesky Joneses' next door to take on more debt than we know we should and the very real eventuality of finding ourselves in over our heads.
3) 'Payback: Debt and the Shadow Side of Wealth' is one of the best books about money I have ever read (not that I've read many but still). It's not about managing debt or where to invest, it's Margaret Atwood's superb investigation into the idea of debt, how it informs our thinking around money and shapes our understanding of what it means to owe one another. If you don't like reading, the filmmaker Jennifer Baichwal directed a really great documentary based on Atwood's findings and essays, it might be on Netflix..? If you're still reading, thanks for sticking with me all the way to the bottom! I know it's generally frowned upon to talk about money but as a small-business owner (and general consumer!) I find it is a subject that is often on my mind.
#Money #Value #Debt #Credit #Owing #Payback #MargaretAtwood #RajPatel #TheWalrus #Consumerism #BlackFriday #Prodit #Cost #TrueCost