Is consumerism good or bad for the world - Essay Example

Comments (0) Cite this document
It is exacerbated by globalization and the media culture that indicates that having more is better and beneficial to the life of an individual especially because of the comfort and satisfaction…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER91.8% of users find it useful
Is consumerism good or bad for the world
Read TextPreview

Extract of sample "Is consumerism good or bad for the world"

Download file to see previous pages will be explained in detail below using several theories such as Maslow’s theory, Herzberg’s needs theory and other motivational theories as well. The counterarguments of consumerism are from critics.
Consumerism from its definition by various individuals and researchers is economically beneficial as people purchase goods in bulks which in the long run saves money and time both of which are economical (Roche, 2009, pg. 12). Economists actually support the idea of consumerism in as far as purchasing in large quantities is concerned but not when it comes to wastage in large amounts. This excessive consumption is an indication of the large amounts of money the consumers have and this is present in many of the first world nations who have a lot of money and hence the means to spend them in large consumption.
Consumerism according to Maslow leads to achievement of satisfaction for the individuals who engage in it. People engage in consumerism in order to try and seek psychological satisfaction and also because they aim to achieve a sense of self-actualization (Burger, 2010, pg. 5). They therefore engage in consumption of objects and other things that would lead to derivation of that satisfaction. Even though many do not reach self-actualization, they still manage to fulfil some of their needs and hence getting the satisfaction they desire. The consumption of things such as energy, food, security, good job, having a lot of money and family are some of the things most people desire and try to achieve and which when achieved lead to satisfaction. All these would not have been possible without consumerism. Also as a result of the positive outcome brought about by consumerism to majority of the benefactors, they are motivated to put more effort in the future in order to get the same results as is explained by Vroom’s expectancy theory.
Consumerism is an indication of wealth whether personal or that of the whole nation. Statistics indicate that wealthy nations such ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Is consumerism good or bad for the world Essay Example | Topics and Well Written Essays - 1000 words”, n.d.)
Retrieved from
(Is Consumerism Good or Bad for the World Essay Example | Topics and Well Written Essays - 1000 Words)
“Is Consumerism Good or Bad for the World Essay Example | Topics and Well Written Essays - 1000 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Is consumerism good or bad for the world

Engaged Buddhist response to Consumerism

... Engaged Buddhist Response to Consumerism In the twenty-first century, people live in a technologically-advanced world. Everything is done with a touch of a button. Everyday, innovations are introduced that are designed to reduce the time spent at any given task and increase time for pleasure or idle time. Perhaps, the saying that “an idle mind is the devil’s workshop,” is true because the more free time man has, the more time he spends on whining about how miserable life is and how only a new gadget or material possession could make him feel better. Conspicuous consumption is the name of the game. And consumerism is the rule. This paper shall discuss the concepts of consumerism from the perspective of Engaged Buddhism... leaving the comfort...
10 Pages(2500 words)Essay

Globalization - Good or Bad

...? and Section # of A CRITICAL REVIEW OF GLOBALIZATION: GOOD OR BAD The article is aboutmerits and demerits of globalization. On the whole the author has supported globalization and put an emphasis on the merits of globalization like on one place the author states that it is the globalization that has helped to overcome the acute poverty and income inequalities prevailing in the world since last two decades. More specifically the author has given the examples of rising economies of china and India that have took several million people out of poverty. Though the people against the globalization may give examples of different other countries where poverty not only exists but also tends to...
4 Pages(1000 words)Essay

Globalization - Good or Bad

...? CRITICAL REVIEW Globalization - Good or bad? Globalization refers to increased economic integration asa result of increased trade and investments which then leads to increased movement of people, goods, services, capital, and ideas across the world. The author of the article “Globalization - good or bad?” under review has highlighted the main reasons why globalization is a good thing that should be embraced by all nations. China and India have been cited as classical examples of how globalization can help transform the livelihoods of poor citizens and make them climb the social ladder into the middle class. In terms of...
4 Pages(1000 words)Essay

Technology good or bad

...Effects of Technology Currently technology has become part of every one’s life. It is not possible to imagine of a world devoid of technology such s the way life used to be a few hundred years ago. Today, it is not possible to define with simple words what technology is. The use of sophisticated gadgets, use devices and other the equipments that make our work easier and faster are all manner of names that we may ascribe to technology. From young people to the old, every one aspires to be recognized with the most modern ways of doing things, and to this, innovators have not disappointed. Many new gadgets in the telecommunication industry, service industry as well s manufacturing are finding their away to the market each...
4 Pages(1000 words)Research Paper

Globalism - Good and Bad Characteristics

...? Globalism – Good and Bad Characteristics Outline Introduction and Thesis ment 2. Positive Effects of Globalism 3. Negative Effects of Globalism 4. Conclusion Globalism – Good and Bad Characteristics Globalism is a word that is invariably used to mean considering the whole world as a unit. It is mostly confused with globalization which denotes consideration of the individual countries as entities. There are four spheres of globalism that is considered as the most cardinal aspects that are most considered; military, environmental, economic, and social. Globalism is considered to be against, the American ideology and that they resent the policy and instead...
4 Pages(1000 words)Research Paper

Good Mothers, Bad Mothers a good mother if she delivers her baby at home by normal means and breast-feeds him/her. Those who did not perform these so-called obligations were rated as bad mothers who have less interest and love with their babies (Taylor & Umansky 1998). As with the passage of time, these factors earned less importance and finally get vanished. Still in some parts of the world, the artificial birth techniques are not rated good socially. One more aspect of rating mothers is that in some families, men stay at home and look after the children whilst women go out for work. There can be many reasons for this. For instance, it could be that the man does not have a proper job or have...
10 Pages(2500 words)Essay

Good Strategy/Bad Strategy

...Good Strategy/Bad Strategy Thesis The work compiled by Rumelt- Good Strategy/Bad Strategy involves the best methodology and plan for steering the best companies. The author is keen to warn managers against focusing a lot of mission statements, setting of goals and having numerous plans that touch on resources as opposed to coming up with strategies that will allow the company survive in the tough economic times. In this case, the author argues that it is the role of the managers to come with strategies that will be practical in the successful running of the business (Chapter 1). First, Rumelt indicates that the managers need to identify the nature of challenges facing...
3 Pages(750 words)Book Report/Review

Terms good and bad Death the common acceptance of this phenomenon that various theories have been advanced about death. "Good death" and "bad death" are now common subjects of discussion among sociologists. In the medical world, terminologies such as euthanasia and thanatology are taught in an effort of better understanding and handling of death. Euthanasia refers to mercy killing of terminally ill patients with the aim of easing their pain. This therefore means that the patient dies a "good death" On the other hand thanatology is the study of death and the circumstances that surround it. It is aimed at helping the dying and those left to cope with the expected loss courtesy of death. The...
6 Pages(1500 words)Essay

Television: good or bad

...their goods or services by appealing to values people share. For instance, they stimulate people to buy cars but they associate them with the values of stability and family. People can control the influence of advertising clips, but they need to stay conscious watching TV. They become vulnerable to any manipulations; TV can make a thoughtless consumer of all people who watch it daily. Consumerism is not as dangerous as political propaganda which is smoothly integrated in TV programs. Political propaganda offers ready-made attitudes and opinions about different people, communities of even nations. Highlighting any international political conflict, media take the side of one of the participants and...
2 Pages(500 words)Essay

Meeting bad Reasoning with Good

...Internet influence on tolerance and harmony affiliation Internet influence on tolerance and harmony The growth of tolerance and harmony in the society is determined the ability of the society to be provided adequate information. Morozov (2011) is of the assumption that creation and sharing of appropriate information increases the ability of the society to embrace tolerance and harmony. The internet provides the society with the required information to influence understanding. Morozov (2011) asserts the potential of the internet of to promote tolerance is significant considering its massive audience. However, the potential of the internet may create both negative and positive influence. The argument in favor of the internet... influence on...
2 Pages(500 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Is consumerism good or bad for the world for FREE!

Contact Us