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 until now to accompany to the margins with the fact that consumerism is a necessity for the development of an economy. They rifle till date criticized it to the core as it creates rich unspiritual economic difference. Humanists criticize it by calling it a nuisance of Industrial age which creates false wants and paves way to dissatisfaction and greed. In par to Capitalists, Marxists drive criticized it in much harsher lines. 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 near of the times to promote human beings to be virtuous shows them the celestial horizon of heaven which is full of materialistic pursuits. Meaning thereby, large number ar spiritually good for the sake of the fact that they wish homophile(a) life in the blue abode. Meaning:Consumerism is a term used to describe the effects of equating personal comfort with purchasing material possessions and consumption. It means when our needs are satisfied by two units of a particular commodity we yet wish to have five of it for the sake of fashion or variety.

It can also refer to economic policies that place an frenzy on consumption, and, in an abstract sense, the belief that the free natural selection of the fittest of consumers should dictate the economic structure of an economy. Consumerism, as in people purchasing goods or consuming materials in excess of their prefatory need s, is as old as the first civilizations like! gaffer Egypt, Babylon and Ancient Rome. It is the tendency of the people to point attracted towards products with commercial gull names like costly mobiles, automobiles, jewellery and other... If you want to get a full essay, order it on our website: OrderEssay.net

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