consumerism

English

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consumerism

Wikipedia

From consumer +‎ -ism.

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consumerism (countable and uncountable, plural consumerisms)

A policy or social movement of protecting and informing consumers through honesty in advertising and packaging, as well as improved safety standards, among other measures.
A materialistic attachment to possessions.
- 1996, C. Bloom, Cult Fiction: Popular Reading and Pulp Theory, page 113:
  The fear of corporatism, consumerism, middle-browism and a mass reading public has driven twentieth-century cultural hierarchists.
- 2024 August 8, Angela Garbes, “Menopause tests and anti-ageing face oils: welcome to midlife consumerism”, in The Guardian‎^[1], →ISSN:
  It’s easy to say, as I often do, that it’s capitalism at work. Yet I am actively involved in consumerism, triggered by my insecurities.
An economic theory that increased consumption is beneficial to a nation's economy in the long run.

economic theory