Wealthy spending more money on "experiences"

Our notions of what constitutes culture is also radically changing. Giant content companies like Disney, Universal Vivendi, AOL-Time Warner, and Sony are mining cultural resources all over the world, transforming them into paid-for experiences of every kind. The high-end income earners--the top 20% of the world's consumers--now spend almost as much money on experiences as on basic goods and services.

The Hydrogen Economy, Jeremy Rifkin

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