In today’s modern world, consumerism has become an integral part of our daily lives. It’s a phenomenon that has drastically changed the way we live, work, and interact with the world around us. But what is consumerism, and how does it impact society as a whole? This article delves deep into the concept of consumerism, its historical evolution, psychological underpinnings, socioeconomic consequences, and its connection to materialism. Additionally, we explore ways to break free from excessive consumerist behavior and find a balance between consumption and sustainability.
Definition of Consumerism
Consumerism refers to the culture of excessive consumption and the belief that buying and owning material possessions leads to happiness and fulfillment.