Consumerism has become a very common phenomenon in some parts of the world. However, while some people view this as a positive development, I side with those who argue that consumerism is mostly negative for two main reasons.
On the one hand, it is argued that consumerism is beneficial for countries as it positively affects the economy. Consumerism encourages people to buy more, whether they are products or services. The increased consumption results in more production, thereby benefiting the economy. The USA and China, for instance, have high consumerism levels and the largest GDP figures in the world, showing the correlation between economic progress and the level of consumerism. Thus, the more people buy, the better it is for the economy.
On the other hand, I, along with many others, feel that consumerism is detrimental. Firstly, this tendency often contributes to environmental issues such as the waste crisis. For example, many smartphones are made of plastic, and the majority are not properly recycled; the same can be said about many other products, further complicating this environmental problem. Even worse, many items that we use are not even fundamental, but people’s wants and preferences cause businesses to create them. This is also why poaching has become such a major issue, with tigers being on the brink of extinction.
Another issue caused by consumerism is materialism. With more people buying things to impress others or to elevate their social status, conspicuous consumerism has become very common. This trend is especially noticeable in many Asian countries, where most people spend money on luxury items not out of necessity, but to gain social status, leading many to fall into debt or face other financial consequences.
In conclusion, although consumerism can be an economically positive tendency, I and others believe it to be negative because of its social and ecological impacts.