SOCY1001 Lecture Notes - Lecture 10: Veblen Good, Etsy, Betty Friedan
12 Sep 2016
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Document Summary
Consumerism is everywhere; from services to buying food. Most recent study states the average american spends at least 26 minutes consuming each day. In 1960s advent of consumer credit; beforehand people could only spend their actual income. Financial crisis of 2008 affected consumerism for individuals; boom & bust cycle . How do you think i feel about this perspective: instinctual element to it, from deep instinctual place, people destroy what they have. Kids book can now take out a certain brand. By the time children reach school, they have seen and experienced consumerism. ; today kid"s brand desires are much more upscale. Identity items express who consumer is. Community & belonging becomes part of one"s subculture & may cause some to loose certain status if cannot keep up with one"s brand. But consumption does more than this it can be an expression of status and inequality, as in this prestigious consumer symbol.
