Thursday, January 17, 2019

Hyperconsumerism



Hyperconsumerism, hyper-consumerism, hyperconsumption or hyper-consumption refer to the consumption of goods for non-functional purposes[1] and the associated significant pressure to consume those goods exerted by the modern, capitalist society, as those goods shape one's identity.[2][3] Frenchy Lunning defines it curtly as "a consumerism for the sake of consuming."[4]
From Wikipedia, the free encyclopedia

One of the characteristics of hyperconsumerism is the constant pursuit of novelty, encouraging consumers to buy new and discard the old, like with clothes and trendy articles.  Most often, the items haven’t been used all that much so they are “stored”, who knows why.  Perhaps because “we paid good money for that and it’s hardly been used”.

Often things are bought simply as status symbols, to “keep up with the Joneses”.  But mostly we buy because it makes us feel good.  Unfortunately, hedonistic adaptation soon sets in and the pleasure we felt at the beginning wears off. So we’re off to buy something new.

But even if it’s not new, lots of us are buying-bound.  Think about the stuff sold at thrift stores and flea markets.  What about the excitement during auctions at storage facilities? People buy the junk inside the units unseen.

And don’t get me started about clothes addiction.
„The marketing strategy of the fast-fashion industry is to encourage the shortest of short-term decision making by encouraging impulse buying in two ways. First, items are priced high enough to maximize profit margins but low enough so people do not hesitate to make purchases because of price; second, merchants introduce and remove stuff so fast that customers worry that the item they are thinking of buying won’t be available the next day. As fashion seasons give way to incessant “innovation,” conspicuous consumption becomes constant consumption.“ Mark C. Taylor, Excerpted from "Speed Limits: Where Time Went and Why We Have So Little Left"

In an article entitled “Britain’s Bulging Closet: Growth of ‘Fast Fashion’ -  Women Are Buying HALF Their Body Weight in Clothes Each Year,” Paul Sims reports that the average woman in England has twenty-two garments hanging in her closet that she has never worn and will spend on average $201,000 on clothing during her lifetime.

Every time I see this film, I want to run and clear out some stuff:

Or this:

https://www.youtube.com/watch?v=8Pb-hjqdjbY

If we would buy 90% less of the stuff that clutters our garages and rooms, we would belong to the wealthy. As it is, we store our lost wealth on shelves and floors, and in closets and storage facilities.

Yet there is a spark of hope on the horizon.

A recent study by Young and Rubicam, which tracks 750,000 consumers in 50 countries every year for 17 years, identified the biggest shift in consumer attitudes that they have ever seen – one they believe is here to stay. In the US, they see Americans "returning to bedrock American virtues – thrift, faith, creativity, hard work, community and more – in order to build new lives of purpose and connection". Consumers are beginning to reject "cheap and more" as they search for a better balance in their lives.

Set yourself free.  It’s just STUFF.