Defined by Merriam Webster as:
- 1 : the promotion of the consumer’s interests
2 : the theory that an increasing consumption of goods is economically desirable; also : a preoccupation with and an inclination toward the buying of consumer goods < … the contemporary marketplace is shaped solely by the craven needs of lowbrow consumerism … — Thomas Byrne Edsall>
I am a victim as I am sure most of us are of consumerism. The purchasing power of the American dollar to acquire items in excess has plagued our country since the early 1900’s. Whether we living paycheck to paycheck or on credit, there is an undeniable level of suffering that overwhelms us. The expectation of working more to make more to acquire more (of what we don’t need or can’t afford), then retire is a flawed way of thinking. However, this has been embedded in our society as the American Way of life.
Check out this video and article by Amitai Etzioni on The Crisis of American Consumerism.
And this video on The Story of Stuff- Consumerism, Capitalism & Environment in America.
What will it take to change our society’s value towards equating consumerism to happiness, so we can stop this cycle of living above our means and in debt?