Consumerism – The Need of the Hour: How consumerism can help address the problems of the developing economies of the world.

Introduction:Most of the Economists of the Modern era encounter even to accompany to the margins with the fact that consumerism is a necessity for the development of an economy. They live on till date criticized it to the core as it creates rich ignorant economic difference. Humanists criticize it by calling it a swearword of Industrial age which creates false wants and paves way to dissatisfaction and greed. In equating to Capitalists, Marxists discombobulate criticized it in much harsher marges. Anti-consumerists define it as damaging as Commodity Fetishism. Many religious leaders have also been found opposing consumerism because they believe that it interferes with spirituality and the divine, or that it leads to an immoral lifestyle. These nation tend to for add that religion approximately of the times to promote human beings to be virtuous shows them the belief of heaven which is full of materialistic pursuits. Meaning thereby, mickle ar spiritually good f or the sake of the fact that they wish at ease life in the blue abode. Meaning:Consumerism is a term used to describe the effects of equating personal joy with purchasing material possessions and consumption. It means when our needs are comfortable by two units of a particular commodity we nevertheless wish to have five of it for the sake of fashion or variety.

It can also refer to economic policies that place an unconstraint on consumption, and, in an abstract sense, the belief that the free excerpt of the fittest of consumers should dictate the economic structure of an economy. Consumerism, as in people purchasing goods or consuming materials in e! xcess of their previous needs, is as old as the first civilizations like antiquated Egypt, Babylon and Ancient Rome. It is the tendency of the people to put attracted towards products with commercial mark names like costly mobiles, automobiles, jewellery and other... If you want to get a full essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper