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According to Wenz, he distinguishes the aspects of both the anthropocentrism and non-anthropocentrism affecting the environmental standard of the economy. The mentalities of the people are usually centered toward the development of their standard of living and increase the per-capita income. Human beings forget to progress hand in hand with the nature. The materialistic desires of the industrialists and the high-income group of people erases out the thinking power to contribute to environment as such. The improvement of environment and the wildlife have become the least important factor in this race for monopolistic concentration of wealth. Wenz states that due to the far-stretching hands of market and extending the limits of consumerism, the valuable resources are getting scare and exploited gradually. This is also bringing frustration to buy a highly marketed good and correspondingly the level of smooth working is also interrupted. Every property, if publicly hold faces the “problem of commons”( “Reconciling environmental ethics and political value”). This leads to the damage and reduction of the property value. The sustainability of the environment receives a negative feedback in respect to the current and the future generation. With the loss of these natural resources, people in the present time period enjoys the benefits but finally leaving nothing for the upcoming generation in the next period. This thought, to work for the improvement of the social animals is causing harm to the long-term strategy of the economy. Even, in the view from the non-anthropocentric people who are engaged in the welfare of and endangered species yield economic and environmental conflicts in the society. It may happen that to save a particular species and promote the welfare of them might lead to the slaughtering of another species of plants or animals causing a misbalance in the
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Consumerism has been linked with strategies to persuade consumers to become “voracious, compulsive” consumers (Day & Aaker, 1970). One view of consumerism emphasizes the direct relationship between the individual consumer and the business firm. Consumerism has also been defined as the social movement to augment the rights and powers of buyers in relation to sellers and is manifest in the new laws and regulations and marketing practices (Granzin & Grikscheit, 1975).
He argues that consumer capitalism has a way of encouraging adult regression with the aim of rekindling childhood habits and tastes in adults. The book argues many products are unprofitable to the society. These products struggle to get the very few willing consumers.
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In dealing with this kind of argument and in practicing the aforementioned premise, it is very important to know that the consumerism of a certain constituent must be awakened due to the fact that majority of the economists suggests the significance of it.
This paper is designed to critically assess contemporary youth, who are recognized by various professionals as building alternative lifestyles through the process of consumerism. Today's young people are inundated by a variety of media which promotes building self-identity through product consumption, while at the same time these youths are building a sense of personal satisfaction from modern consumerism.
f allied nations for economic and political causes, and the establishment and operation of United Nations are significant bodies that are constantly engaged in political discourse on trade, on conflict resolution, and in undertaking humanitarian assistance for refugees or the
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umerism contributed to industrial revolution due to growing demand for luxurious goods in which new production methods were invented (Mackendrick, Brewer & Plumb1). Hence, prompting people value fashionability over durability because they were only going for the best and trendy