Complex sentence: In most areas of life (politics of envy aside) most of us are reasonably happy with this state of affairs; the fact that the rich have more clothes than they strictly'need' is not too great a cause for concern.
Split into simpler sentences: In most areas of life (politics of envy aside) most of us are reasonably happy with this state of affairs. The fact that the rich have more clothes than they strictly'need' is not too great a cause for concern.