An attempt is made in this paper to establish a foundation for a theor
y of materialism and quality of life. The theory posits that overall l
ife satisfaction (quality of life) is partly determined by satisfactio
n with standard of living. Satisfaction with standard of living, in tu
rn, is determined by evaluations of one's actual standard of living co
mpared to a set goal. Materialists experience greater dissatisfaction
with their standard of living than nonmaterialists, which in turn spil
ls over to overall life causing dissatisfaction with life in general.
Materialists experience dissatisfaction with their standard of living
because they set standard of living goals that are inflated and unreal
istically high. These goals set by materialists are more influenced by
affective-based expectations (such as ideal, deserved, and need-based
expectations) than cognitive-based ones (such as predictive, past, an
d ability based expectations). Materialists' ideal standard-of-living
expectations are influenced by social comparisons involving remote ref
erents, more so than comparisons involving standards that are situatio
nally imposed. Examples of situationally-imposed standards are percept
ions of wealth, income, and material possessions of family, friends, n
eighbors, colleagues, and so on. In contrast, examples of standards ba
sed on remote sources are perceptions of standard of living of others
in one's community, town, state, country, other countries; perceptions
of standard of living of others based on gender, age, education, ethn
icity, occupation, and social class. This tendency to use remote refer
ents in social comparisons may account for materialists' inflated and
value-laden expectations of their standard of living. Materialists' de
served standard-of-living expectations are influenced by the tendency
to engage in equity comparisons involving income and work. Thus, mater
ialists compare themselves with others that seem to have more income a
nd worked no harder. These equity comparisons generate feelings of ine
quity, injustice, anger, or envy. These emotions may also account for
materialists' inflated and value-laden expectations of their standard
of living. Materialists' standard-of-living expectations based on mini
mum needs are influenced by the tendency to spend more than generate i
ncome. This proclivity to overconsume and underproduce may be partly r
esponsible for materialists' inflated and value-laden expectations of
their standard of living.