TO WHAT EXTENT IS INCREASED CONSUMERISM

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TO WHAT EXTENT IS INCREASED CONSUMERISM A GOOD THING?

In the present age, consumption is playing a significant role in our lives. But in the meantime, whether increased consumerism has sparked much debate. Consumption is the belief that buying many things is goods. Some people assert that increased consumerism is a good thing while many other argue that increased consumerism is a bad thing for our lives. Then, I will describe the positive and negative respects of consumption in this essay.

Convincing arguments can be made that increased consumerism a good thing. To begin with, it can stimulate consumption and improve the economy GDP level. Therefore, William Pees said “only by producing and selling things and services does capitalism in its present form work, and the more that is produced and the more that is purchased the more we have progress and prosperity” (Effects of consumerism, 2005). Moreover, increased consumerism can satisfy customer requirements. Specifically, consumerism’s aim is not only content with actual demand, but also to satisfy more and more consumption temptation. Some people have fun from go shopping (Consumerism, nd). After that, it can improve customers’ position. In other words, many manufacturers want to catch the customer’s eye, making a lot of goods to satisfy customer needs. However, lots of problem lead to products cannot sell. For selling products, these manufacturers will cause strong business competition. For example, price competition, publicity competition, quality competition, and so on. Excess supply will cause customer getting the highest position in the market. The interests of customer will be protected. Lastly, more products need productivity improvement. Increased productivity can provide job opportunities. "Rising consumption has helped meet basic needs and create jobs," Christopher Flavin, president of Worldwatch Institute said in a statement to the press.(As Consumerism Spreads, Earth Suffers, Study Says, 2004)



References: Effects of Consumerism. (2005, August 10). Retrieved from the global issues website: http://www.globalissues.org/article/238/effects-of-consumerism Consumerism. (nd).Retrieved from the MBAlib website: http://wiki.mbalib.com/wiki/Consumerism As Consumerism Spreads, Earth Suffers, Study Says. (2004, January 12). Retrieved from the national geographic website: http://news.nationalgeographic.com/news/2004/01/0111_040112_consumerism.html Consumerism. (nd).Retrieved from the Wikipedia website: http://en.m.wikipedia.org/wiki/Consumerism

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