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Conspicuous Consumption





AS AN ADDICTION

Conspicuous consumption has been widely discussed since the 1960s as a form of Addiction arising from Consumerism and Productivism , creating Hedonic expectations among the population that results in Anti-social , and Narcissistic behaviors applied as normalized social, economic, and political processes. Indeed, it may be a contributing factor to such behavioural disorders as binge eating, compulsive spending, et. al.


EXAMPLES OF CONSPICUOUS CONSUMPTION

  • Buying a better automobile/house/etc. to display one's status in the community; or, to provoke envy in your neighbor (Invidious consumption).

  • Buying the latest goods to prove your knowledge of current Fads .

  • Eating out at an expensive restaurant, despite not being able to truly afford it.



SEE ALSO



Antonyms


REFERENCES

  • Veblen, Thorstein. (1899) ''Theory of the Leisure Class: An Economic Study in the Evolution of Institutions''. New York: Macmillan. 400 pp.

  • 1994 Dover paperback edition, ISBN 0486280624

  • 1994 Penguin Classics edition, ISBN 0140187952



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