Consumtariat - Term

Term

The term "consumerism" has several definitions. These definitions may not be related to each other and confusingly, they conflict with each other.

  1. One sense of the term is to describe the efforts to support consumers' interests. By the early 1970s, it was the accepted term for the field and began to be used in these ways:
    1. "Consumerism" is the concept that consumers should be informed decision makers in the marketplace. Practices such as product testing make consumers informed.
    2. "Consumerism" is the concept that the marketplace itself is responsible for ensuring economic justice and fairness in society. Consumer protection policies and laws compel manufacturers to make products safe.
    3. "Consumerism" refers to the field of studying, regulating, or interacting with the marketplace. The consumer movement is the social movement which refers to all actions and all entities within the marketplace which give consideration to the consumer.
  2. While the above definitions were being established, other people began using the term "consumerism" to mean "high levels of consumption". This definition gained popularity since the 1970s and began to be used in these ways:
    1. "Consumerism" is the selfish and frivolous collecting of products, or economic materialism. In protest to this some people promote "anti-consumerism" and advocacy for simple living.
    2. "Consumerism" is a force from the marketplace which destroys individuality and harms society. It is related to globalization and in protest to this some people promote the "anti-globalization movement".

Read more about this topic:  Consumtariat

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Famous quotes containing the word term:

    No—is a term very frequently employed by the fair, when they mean everything else but a negative. Their yes is always yes; but their no is not always no.
    Anonymous, U.S. women’s magazine contributor. M, Weekly Visitor or Ladies Miscellany, p. 203 (April 1803)

    Orlando. Who stays it still withal?
    Rosalind. With lawyers in the vacation; for they sleep
    between term and term, and then they perceive not how Time
    moves.
    William Shakespeare (1564–1616)

    I expect to maintain this contest until successful, or till I die, or am conquered, or my term expires, or Congress or the country forsakes me.
    Abraham Lincoln (1809–1865)