Word: consumerized
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By 10:30 a.m. on a recent Wednesday, 432 people have called in. Nadezhda Kumyiny is one of them. She's phoning from a small village in the Kursk region, southeast of Lyudinovo. She wants to borrow 30,000 rubles - just over $1,000. The woman taking her call fills...
In present day consumer culture, almost anything can be bought and identity is no exception. An artsy persona, like everything else, can be purchased—pre-packaged and custom-labeled—for a small price, of course. If the economic slump has wrought a minor hole in your...
Apparently, some of our peers at the Massachusetts Institute of Technology have made a deal with the digital devil. In exchange for a free Windows Mobile “smartphone,” about 100 MIT students have agreed to allow researchers at the Media Lab to track their every...
In addition, the loss of hundreds of thousands of jobs due to the disappearance of a major manufacturer - not to mention the blow that would be dealt to U.S. consumer confidence by the bankruptcy of an iconic brand - would mean even fewer cars sold. That would take another bite out...
...Fanatic consumerism is also directly linked to world hunger, poverty, and suffering. According to Professor John Madeley of the London School of Economics, the global use of land for the cultivation of tobacco “denies 10 to 20 million people of food.” Furthermore, the 1998 Human Development Report revealed that rampant consumer culture inevitably leads to “circumstances that are exploitative of workers” and exerts negative psychological pressures on shoppers, leading them to make decisions that are financially harmful or even disastrous. For our daily extravagances—indeed, even...