Yet amid the plenty, there is more misery than ever. Family breakdown, drugs and alcohol addiction, welfare dependency, school failure and serious debt problems are more widespread than ever in our towns and cities.
Internationally, we top the league tables among Western countries for social breakdown.
But this week David Cameron is to launch the Conservative counter-offensive against those despairing souls who say there is nothing we can do to counter the spiritual and cultural poverty afflicting too many people today.
He will endorse proposals to mend Britain's broken society.
A report from former Tory leader Iain Duncan Smith entitled Breakthrough Britain will back tax breaks to support marriage and a benefits shake-up to end the discrimination against couples.
Mr Cameron is not backing marriage for moralising reasons. He is backing marriage because all the evidence shows that it is the best environment for bringing up children and for supporting vulnerable others such as elderly relatives.
Pensioners who lose touch with their in-laws and grandchildren as a result of family break-up can suffer as much as the kids themselves.
And social collapse is very expensive. Right now the taxpayer is picking up a bill for £102 billion a year for the costs of family break-up, higher crime, drink and drug addictions, welfare dependency and school failure.
We cannot afford to ignore these problems any longer.
