Consumerism

Definition

Consumerism is an economic and social order that encourages the acquisition of goods and services in ever-increasing amounts. It is a cultural orientation that equates personal happiness and social status with the consumption of material goods and services. Consumerism is closely tied to the tradeoffs between economic output and environmental protection, as increased consumption often leads to greater resource use and environmental degradation.

5 Must Know Facts For Your Next Test

1. Consumerism drives economic growth, but it can also lead to overconsumption, resource depletion, and environmental degradation.
2. Advertising and marketing play a significant role in promoting consumerist attitudes and behaviors, encouraging people to constantly desire and purchase new products.
3. Consumerism is often linked to the rise of mass production, globalization, and the availability of credit, which have made it easier for people to acquire and consume more goods.
4. The environmental impact of consumerism includes increased greenhouse gas emissions, waste generation, and the depletion of natural resources, such as fossil fuels and raw materials.
5. Sustainable consumption and the circular economy are approaches that aim to reduce the environmental impact of consumerism by promoting more efficient use of resources, recycling, and the development of durable products.

Review Questions

• Explain how consumerism is related to the tradeoff between economic output and environmental protection.
  • Consumerism drives economic growth by increasing demand for goods and services, which in turn leads to greater production and resource use. However, this increased economic output often comes at the expense of environmental protection, as the extraction, manufacturing, and disposal of these products can have significant negative impacts on the environment, such as resource depletion, pollution, and greenhouse gas emissions. Policymakers and businesses must find ways to balance the need for economic growth with the imperative of environmental sustainability, which may involve promoting more sustainable consumption patterns, developing cleaner technologies, and implementing policies that internalize the environmental costs of production and consumption.
• Analyze the role of advertising and marketing in promoting consumerist attitudes and behaviors.
  • Advertising and marketing play a crucial role in shaping and perpetuating consumerist attitudes and behaviors. Through the use of psychological techniques, such as creating artificial needs, associating products with status and social acceptance, and promoting a culture of instant gratification, advertisers and marketers actively encourage people to constantly desire and purchase new products. This contributes to the throwaway culture and planned obsolescence, where products are designed to have a limited lifespan, leading to increased consumption and waste. Understanding the manipulative nature of advertising and marketing is essential for developing more critical and sustainable consumption habits, as well as for implementing policies that regulate the impact of these industries on consumer behavior and the environment.
• Evaluate the potential of sustainable consumption and the circular economy as approaches to mitigate the environmental impact of consumerism.
  • Sustainable consumption and the circular economy offer promising approaches to mitigate the environmental impact of consumerism. Sustainable consumption promotes the more efficient use of resources, the development of durable and repairable products, and the adoption of behaviors that reduce waste and environmental degradation, such as reusing, recycling, and sharing. The circular economy, on the other hand, aims to design out waste and pollution, keep products and materials in use, and regenerate natural systems. By transitioning from a linear 'take-make-waste' model to a circular model, the circular economy has the potential to decouple economic growth from resource use and environmental impact. Implementing these approaches requires a concerted effort from policymakers, businesses, and consumers to shift cultural norms, create new business models, and develop the necessary infrastructure and technologies to support more sustainable patterns of production and consumption.

Related terms

Materialism: The belief that material possessions and physical comfort are more important than spiritual or intellectual values.

Disposable Culture: A culture in which products are designed to have a limited lifespan, leading to increased consumption and waste.

Planned Obsolescence: A business strategy in which the lifespan of a product is artificially limited to encourage repeat purchases.