Lewis is referring to what Kierkegaard calls the aesthetic mode of living, which relies on the tactics of rotation and repetition. Rather than living lives of deeper meaning, we cultivate distractions and affairs and pastimes, rotating through them and repeating them to stave off existential emptiness.
I don’t think I’m being dramatic when I say that the West’s response to the crisis of meaning in our lives has been this precise stratagem: “Wrap [our hearts] round with hobbies and little luxuries…” And the web is a catalogue of this exchange. (mills)