July 14th, 2009

Imperfect Is Perfect for Now

VelveteenRabbitCoverOne upshot of the current global financial crisis is that people are reassessing their obsession with what’s NEW. Those who can are still purchasing the must-haves, but nice-to-haves are being subjected to a new level of scrutiny. Industries that feed on restlessness–fashion, furnishings, travel, beauty, and even technology to some extent–are hurting as consumers take another look at what they’ve got and think it’s quite enough for now.

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Those waiting for business to pick up with the inevitable turning of the tides may be in for a surprise. Forced to consider the value of their possessions, more people are coming to understand the truth in an ancient principle that may render obsolete our cultural neophilia…or at least, give it a run for its money. The principle is wabi-sabi. Continue Reading »

posted by schuyler brown

Filed Under: MacroTrends