Overconsumption has increased globally since the post-World War 2 era where consumption was seen as an economic activity in Western countries. Politicians and business leaders encouraged continued consumption after the 9/11 attacks to aid the economy. This led to the idea of "consumer patriotism" where consuming products was seen as patriotic. Young people are particularly targeted for overconsumption as they seek freedom and experiences in a connected society, and are influenced by social media influencers who review products. However, overconsumption puts stress on natural resources and leads to issues like pollution as production increases to meet demand. If current consumption patterns continue globally, experts estimate the need for resources equivalent to nearly three planets by 2050.
Overconsumption has increased globally since the post-World War 2 era where consumption was seen as an economic activity in Western countries. Politicians and business leaders encouraged continued consumption after the 9/11 attacks to aid the economy. This led to the idea of "consumer patriotism" where consuming products was seen as patriotic. Young people are particularly targeted for overconsumption as they seek freedom and experiences in a connected society, and are influenced by social media influencers who review products. However, overconsumption puts stress on natural resources and leads to issues like pollution as production increases to meet demand. If current consumption patterns continue globally, experts estimate the need for resources equivalent to nearly three planets by 2050.
Overconsumption has increased globally since the post-World War 2 era where consumption was seen as an economic activity in Western countries. Politicians and business leaders encouraged continued consumption after the 9/11 attacks to aid the economy. This led to the idea of "consumer patriotism" where consuming products was seen as patriotic. Young people are particularly targeted for overconsumption as they seek freedom and experiences in a connected society, and are influenced by social media influencers who review products. However, overconsumption puts stress on natural resources and leads to issues like pollution as production increases to meet demand. If current consumption patterns continue globally, experts estimate the need for resources equivalent to nearly three planets by 2050.
Consumption has long been taken as a basic human economic activity in the capitalist countries of Western Europe and North America, especially after World War 2. During the 9/11/2001 terrorist disaster in the United States, U.S. politicians and CEOs advised citizens not to let the disaster stall their daily activities. The most patriotic action people can do is create more money. Since then, the term " Consumerism Patriotism" was born to convince people that consuming the product is patriotic and gradually this "patriotic act" spread globally but over time this action grew excessively. Although it contributes a significant part to economic development, it is an obsession with the environment and even the buyer himself. In Asia, while urbanization is rapid, especially in developing countries, consumerism suggests that consumers' free choice determines socioeconomic structure. People's consumption habits are mirroring those of consumers in regions such as the United States, Europe, and emerging markets such as China and South Korea. The demand for goods and services is increasing due to the development of information technology, people, especially young people, have access to many cultures and fashion trends. Therefore, the act of buying a lot and continuously goods and services is not a necessity, but the most trendy consumption is fashion, also known as overconsumption, gradually increasing at a very fast rate.
b. Overconsumption goes hand in hand with overproduction
Of course, increased demand means an increase in production. We have to pay the price with the necessary natural resources, which in turn leads to resource shortages, environmental pollution. "If the global population reaches 9.6 billion people by 2050 as forecast, the United Nations estimates that we need the equivalent of nearly three planets to maintain our current way of life." Ariel Muller, executive director of the Asia Pacific Future Forum, warned of the incalculable consequences of booming consumerism in the region.
c. The target audience of overconsumption is mainly young people
People who are overconsumption (especially young people) are perceived as unable to control themselves, not knowing what is a reasonable consumption threshold or what they really need. Gen Z and Millennials are expected to largely replace labor in the next few years, but they are unable to balance their needs and finances. Living in a full society and the cultural connection reaching its peak, the younger generation tends to prefer freedom and experience. Besides, the appearance of reviewers (product reviewers) on a variety of social media platforms also has a great impact on the spending of young people. They will describe the uses, features and show the advantages of the product to stimulate viewers to buy. If viewers are interested, they just need to click on the link and do a few simple steps to buy the product they just watched.