The following is of a docuмentary on the general idea of planned obsolescence or the 'product life-cycle' that, it could be argued, is at the root of the demise of Western Civilization, which is going bankrupt.
Nylon stockings that can tow a truck, lights that burn for longer than 100 years, appliances that last 25 years, and so on. There has been a deliberate effort since the 1920's to prevent good products from reaching the shelves.
The video is very informative, but wrongfully espouses Marxism and Environmentalism as being valid alternatives to a system that, apart from being dishonest, is actually quite effective and efficient (being an economy based on free enterprise ... free as in speech, and beer).
I would like to put my opinion in also. From calculations I made in the past, our productivity per capita has always been rising since the industrial revolution and even before that. Recently it was mainly thanks to computers, robotics and materials science. Currently, it should be possible to maintain a first world standard of living (or better) with only one person per family having to work 3 or 4 days per week on average. This is based on normal product life and reduced productive requirements even on what is currently the case (eg: a pair of jeans that has not been soaked in some kind of caustic or acidic bath in order to weaken the fiber strength, and washed in detergents that do not degrade the cotton. Cotton and linen should ordinarily last many years when worn by someone who is not a manual laborer).
Working longer deprives other people of the chance to work. This includes food production. If people spent a day a week on their own food production, the productivity would increase further owing to better utilization of land.
Because of this reduced workload, people would have more time to think, more time to create and discuss, and more time to educate and to entertain. In particular, more time for spiritual pursuits and outdoor activities. It explains to me why art is almost dead today.
In any case, the above is not quite the agenda of the 'powers that be'. However, it is something we as Catholics should strive for - material frugality and efficiency, tempered by spiritual generosity.