Money and Society
- Society has become increasingly materialistic
- People aspire to earn more money
- They want a bigger house or a better car
- We connect wealth and material possessions with happiness and success
- Brands like Armani or Mercedes are status symbols
- Advertising creates new desires and needs
- It persuades us to buy the latest styles
Positives of Consumerism
- Consumerism creates employment
- It helps to reduce poverty
- It encourages innovation and creativity in business
- We live in a global economy
- We have a better quality of life
Negatives of Consumerism
- Consumerist societies create more waste
- They use more natural resources
- They cause damage to the environment
- Consumerism creates a throw-away culture
- Advertisers tell us who we are and what we want
- Wealth does not lead to happiness
- Materialism causes greed and crime
- We should return to traditional values like sharing
