Perhaps I’m projecting my prejudices. But an impressive body of psychological research seems to support these feelings. It suggests that materialism, a trait that can afflict both rich and poor, and which the researchers define as “a value system that is preoccupied with possessions and the social image they project”, is both socially destructive and self-destructive. It smashes the happiness and peace of mind of those who succumb to it. It’s associated with anxiety, depression and broken relationships
Source: Materialism: a system that eats us from the inside out | George Monbiot | Opinion | The Guardian