consumerism
Consumerism is the social and economic ideology that encourages the acquisition of goods and services in ever-increasing amounts. It emphasizes the importance of purchasing and consuming products, often linking personal happiness and success to material possessions. This mindset can drive demand for new products and innovations, influencing markets and economies.
While consumerism can stimulate economic growth, it also raises concerns about sustainability and environmental impact. The constant pursuit of new items can lead to overconsumption, waste, and depletion of resources. Critics argue that consumerism can create a cycle of dissatisfaction, as people may continually seek more to achieve fulfillment.