The statement is rationally pragmatic - the path to it seemed unnecessarily caring about other folks' business if one is going to come out with the "to each his own" conclusion.
I personally think we'd be happier in a farming society with an emphasis on craftsmanship, and a small industrial sector. But that's my opinion, and, yes, it's utopian. So I don't push it.
But whenever I talk like that, people think I'm a gol-durned commie and think that me and my commie friends are going to show up and take all their stuff.
So, my opinion: we have too much stuff -- but don't be afraid of me, because I'm not pushing for any jack-booted political "solution".