Affluence for Everyone An Impossible Dream? - Eugene M Walter - August 1971

Eugene M Walter

What would happen if every country on earth suddenly achieved the American standard of living? Is such a goal possible – or even desirable? America has more of just about everything that men and machines can make. From computers to can openers and from fertilizer to furniture, America leads the world in the production and consumption of goods that make for what is called by many "the American way of life." Straining to catch up to the American standard are the nations of Western Europe, Canada, Japan, Australia, South Africa and a few other islands of affluence in a sea of scarcity and want. But is affluence only for a select 20 percent of the earth's inhabitants? What about the other 80 percent? Can this massive group hope to someday share a similar affluence? Is there any hope that the entire world can attain the level of American affluence? - Information Supplied By: Herbert W Armstrong Library