The Concept Of New Consumerism Essay - 1444 Words

The concept of ‘new consumerism’ has emerged in the contemporary world as one of the biggest determinants of consumer expenditure habits, their lifestyles, and various other aspects that define a society. Juliet Schor, one of the most renowned economists characterizes this concept through the various behaviors that consumers tend to portray such as the up-scaling of their lifestyles, competitive consumption and the imbalance between their earnings and their desires. Consequently, the individual wellness and the common good practices such as family, reproduction, and inequalities are influenced. Various ethical theorists have come forward in an attempt to provide an in-depth explanation of these trends, the challenges brought forward and possible solutions. To begin with, there are several ethical theories that rationalize the concept of â€Å"new consumerism.† The Feminist Ethics theory introduces the status of a person as the tool upon which they are judged and valued by society. From the lifestyle up-scaling concept, an individual will equate their life to their status or appearance and hence struggle to make the best of the situation to satisfy those around them (Kohlberg, 504). Also, an individual will strive to please members of their families and win their affection from their financial generosity. Mill introduces pleasure as a human desire that brings about competitive consumption. The English and the Germans, under the theory of Utilitarianism, attacked the EpicureansShow MoreRelatedBusiness and Society891 Words   |  4 Pagesstandards of being a good citizen. Modern businesses are expected to be responsible towards the community resources working toward the growth and success of both their companies and their communit ies. Business ethics can be examined from various new perspectives, including the perspective of the employee, the commercial enterprise, and society as a whole. Very often, situations arise in which there is conflict between one or more of the parties, such that serving the interest of one party is aRead MoreConsumerism : The Great Gatsby, And Harrison Bergeron1441 Words   |  6 PagesConsumerism is defined as the increase in the consumption of goods. It is the theory that buying more goods will ultimately lead to economic advantages. Consumerism has destroyed the concept of the idealistic nuclear family in America, in favor of materialistic chaos. American society used to be content with the little things in life, up until the rise of consumerism, starting during the industrial revolution, but reaching its peak after World War II. Americans have become more occupied with theRead More`` Brave New World `` By Aldous Huxley1355 Words   |  6 Pagesfabrication of happiness rather than accepting the truth and facing one’s problems. Incidentally, consumerism has been defined as, â€Å"the perpetuated idea that you cannot be happy unless you surround yourself with things†. The human tendency of succumbing to consumerism and ignoring reality in order to preserve industrialized happiness has been shown throughout literature. In fact, Aldous Huxley’s Brave New World, entrails a society where brainwashed citizens turn to ailments such as soma in order toRead MoreModern Society and Consumerism Essay1035 Words   |  5 PagesConsumerism is defined as â€Å"the theory that an increasing consumption of goods is economically desirable† (â€Å"Consumerism†). Its primary motivation is the idea that if one does not have all that money can buy, then he or she cannot be happy. This school of thought has become an integral part of modern society not only in the United States, but internationally as well. While the exact source of this term an d ideology are debatable, it is certain now that consumerism is here to stay, intertwining withRead MoreThe Consumption Function Of Marketing And Promotions Drive Them For Buying Unnecessary Things?875 Words   |  4 Pagesbetter understanding what is going to develop, according to Wikipedia it will define the following terms: Consumption: is a major concept in economics and is also studied by many other social sciences. Economists are particularly interested in the relationship between consumption and income, and therefore in economics the consumption function plays a major role Consumerism: as a social and economic order and ideology encourages the acquisition of goods and services in ever-increasing amounts. BasicRead MoreWhy People Buy Unneeded Things Essay905 Words   |  4 Pagesbetter understanding what is going to develop, according to Wikipedia it will define the following terms: Consumption: is a major concept in economics and is also studied by many other social sciences. Economists are particularly interested in the relationship between consumption and income, and therefore in economics the consumption function plays a major role .Consumerism: as a social and economic order and ideology encourages the acquisition of goods and services in ever-increasing amounts. BasicRead MoreAnalysis Of Yasumasa Morimura s Film Making And Conceptual Photography1348 Words   |  6 Pagesinvolved in traveling shows such as ‘Japanese Art After 1945: Scream Against the Sky’ (1994). After some time, and with critics watching skeptically, he began to branch off into his own art style, re-creating famous artworks of females by giving them new meanings, inserting himself into the portraits and giving them additional features. His choice of appropriating females can be linked to his wish for Japanese culture to bring about equality for men who dress as women and vice versa. It is also closelyRead MoreEssay on American Consumer Culture1031 Words   |  5 Pageselsewhere, the culture of buying is deeply ingrained in American culture. Fueled largely by advertising and the current credit system, America’s consumer culture is depleting our planet’s finite natural resources and polluting our environment. Consumerism has instilled in Americans an artificial, ongoing, and insatiable desire for mass-produced and marketed products, and the money with which to buy them, with little regard to their actual usefulness or necessity. This constant desire to acquire moreRead MoreConsumerism and Faith979 Words   |  4 Pagesspending so much money on the new things rather than paying bills. The social pressure to keep up with these material items has an effect on quality bonding time which has an effect on money. Consumerism actually sets a person against oneself because of the never-ending mission to acquire material objects therefore people should not concentrate their religious faith in materialism. Consumerism is the idea that influences people to purchase items in great amounts. Consumerism makes trying to live theRead MoreTaking an Inside Look at Collaborative Consumerism Essay1045 Words   |  5 Pagesmobile technologies. Corporate America that contributed to over-consumption has raised global environmental and financial concerns. On the other hand, the rising trend of collaborative consumerism encourages eco-conscious ways to de-clutter over-consumption; it may have a negative impact on traditional corporate consumerism, but encourages ecofriendly entrepreneurships; it also improves human relationship by finding the power of community and connecting with each other; it is an optional lifestyle for