Re: consumerism - why is it bad
Lucid. Psyah and AQ
so your definition of consumerism is overspending, kewl.
now lets talk about consumption, which is done by consumers...forget greed, keeping up with the joneses and all. we all need products and services. those must be provided by individuals and businesses.
those businesses and individuals would provide jobs to people. taxes would provide for social services etc etc.
the only issue is between spending and overspending, and that in many cases is a subjective assessment as well, especially as products become obolete and new ones offer more features.
taxes imposed on income or taxes imposed on savings are really not a huge issue, we assume that people would give more in charity if they are paying taxes on savings, is that really the case or would we encourage further overspending?
and by the same token if you are taxing the savings of lower income people, what is their incentive to save especially if there is always the safety net available
psyah, in the end you come back to consumption anyways..charity given so lower income people can spend..
I hoped you would not misunderstand me. So I need to explain further.
Consumerism as opposed to consumption is about the materialistic aspect of fulfilment of NEEDS through consumption. Because the system is capitalistic is means this NEEDS bar is raised and raised until people begin to believe that they NEED makeup, a car, to buy a house, etc
We should be trained to exercise self restraint. Instead of taking out loans that we can't pay back because we want to compete with our neighbour with the brand labels we should be taught to go without and compete on a different basis - our good characters for example.
The vast majority of our NEEDS today are in fact really our wants or luxuries.
I can demonstrate with fairly basic sums that taxing charity is better for an economy than taxing income. I think you have heavily underplayed the differential between these two positions.
The reason why is because taxing savings is linked to this NEEDS vs WANTS syndrome. Our needs are not in the future. Those people who think they NEED to save for retirement are cogs in the clock of consumerism. They fail to think that the future in not necessarily going to manifest in their intended manner. To a neutral and unbiased view the savings are moneys that have been put aside that are currently not NEEDED. So this money that is not needed aught to be put back into the system so people who do need it can obtain it. This is done as an annual percentage of 2.5% off the saving amount.
To re-emphasise my definition is of consumerism is not consumption or overconsumption it is the consumption or hoarding of wealth with a world view that it is the helping force in every human situation. It is about putting value in objects that do not deserve that value such as the brand names and useless gimicks and most importantly self-serving, ego inflating products and services.