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#ConsumerCulture
antoninolavelaart · 23 days
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omegaphilosophia · 11 months
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The Yin and Yang of Money: The Functions and Drawbacks in Modern Economies
Money, the lifeblood of modern economies, plays a pivotal role in facilitating trade, investment, and economic growth. It serves as a powerful tool with its multiple functions, but like any tool, it comes with its drawbacks. In this blog post, we explore the dual nature of money, highlighting its functions and examining the challenges it poses in our pursuit of a prosperous and equitable society.
The Functions of Money:
1 - Medium of Exchange: Money acts as the grease that lubricates the wheels of trade, eliminating the need for cumbersome bartering and promoting efficient transactions. It simplifies the exchange of goods and services, fostering economic cooperation and specialization.
Example: A farmer can sell their crops for money and then use the money to purchase tools from a blacksmith, without engaging in direct exchange.
2 - Unit of Account: With money as a standardized unit of measurement, individuals and businesses can compare the value of goods, services, and assets. It offers a common language for pricing and valuing commodities.
Example: Prices displayed in a store reflect the value of products in monetary terms, aiding customers in making informed choices.
3 - Store of Value: Money provides a reliable store of wealth, enabling individuals to save and transfer resources across time. It preserves value and fosters economic stability.
Example: Saving money in a bank account allows individuals to accumulate funds for future needs or investments.
4 - Standard of Deferred Payment: In contractual agreements and credit transactions, money serves as a reliable standard for deferred payment, ensuring predictability and stability.
Example: Loans are repaid in the same monetary unit, guaranteeing clarity in financial agreements.
5 - Measure of Wealth: Money acts as a measure of wealth, reflecting the accumulated value of assets and financial holdings.
Example: An individual's net worth is calculated by adding up the value of their monetary assets and investments.
The Drawbacks of Money:
Inflation and Loss of Purchasing Power: Over time, the value of money can decrease due to inflation, leading to a reduction in its purchasing power.
Economic Inequality: The accumulation of wealth through money can widen economic disparities, creating inequalities in society.
Financial Crises: Relying on complex financial systems and money-driven markets can lead to financial crises and economic downturns.
Dependence on Financial Institutions: The functioning of money heavily depends on the stability and trustworthiness of financial institutions like banks.
Black Markets and Illicit Activities: The anonymity of cash transactions can facilitate illegal activities and transactions on the black market.
Environmental Impact: Money-driven pursuits can lead to environmental degradation and unsustainable consumption.
Focus on Materialism: The pursuit of monetary gain can foster materialism and consumerism, overshadowing social and environmental concerns.
Lack of Inclusivity: Individuals without access to formal financial services may face challenges in participating fully in the economy.
Debt Burden: Excessive borrowing can lead to overwhelming debt burdens for individuals and governments.
Ethical Concerns: The pervasive influence of money raises ethical considerations in business and decision-making.
Money, a double-edged sword, holds tremendous potential to drive economic progress and prosperity, but it also poses challenges that demand careful consideration and ethical stewardship. By understanding its functions and drawbacks, we can harness the power of money to create a more equitable and sustainable society. Striving for a balanced approach, we can shape a world where the functions of money serve as a force for good, while mitigating its drawbacks to foster a brighter future for all.
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treeshurt · 2 years
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Life is perfect #makeadifference #pleasemakechanges #theearthneedshelp #animalagricultureisnotsustainable #seafoodisnotsustainable #consumerculture #materialismislame (at Rexdale) https://www.instagram.com/p/Ck4AkvAPRDo/?igshid=NGJjMDIxMWI=
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shanesakata · 2 years
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Aloha Reserved Part of my ongoing photographic exploration of tourism in Hawaii . . . #flakphoto #hawaiiphotographer #contemporaryphotography #hawaiicontemporar #consumerculture #makemeseemag #curiouscameraclub #realgoodmag #anotherplacemagazine #somewheremagazine #hawaiitravel #hawaiitourism #visithawaii #thepictoriallist (at Waikiki) https://www.instagram.com/p/Cg2QXUFPLOt/?igshid=NGJjMDIxMWI=
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jaideepkhanduja · 3 months
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The Illusion of Happiness: Unraveling the Myth of the Shopping Spree
The Illusion of Happiness: Unraveling the Myth of the Shopping Spree #ConsumerCulture #SustainableLiving #MindfulConsumption
Where would you go on a shopping spree? In a world saturated with consumerism, the idea of a shopping spree is often portrayed as the epitome of indulgence and excess, a gluttonous feast for the insatiable appetite of materialism. But amidst the allure of flashy storefronts and tempting discounts lies a darker truth – the soul-crushing reality of mindless consumption and environmental…
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surveycircle · 2 years
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Participants needed for online survey! Topic: "Consumer culture and preferences for RTD cocktails" https://t.co/dAEFHpKuIE via @SurveyCircle #ConsumerCulture #ConsumerBehaviour #ConsumerHabits #RtdCocktails #survey #surveycircle https://t.co/vkaPss8ORF
— Daily Research @SurveyCircle (@daily_research) Jul 13, 2022
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adedoyinife · 3 years
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Fieldwork: The Culture of Consumerism
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Most Needed Item. Yes, I care too much about my face! Acne be gone!
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After looking through all the items I have in my room and kitchen, I have to say I’m shocked at the number of things that came from Amazon, Walmart, Target, or Costco. I learned that I am definitely not immune to consumer culture. I always considered myself a frugal spender, but seeing the amount of money I’ve spent on clothes makes me cringe. Don’t get me wrong, I love all my jeans and jackets & my facial products; it’s just disappointing knowing that I’ve been sucked into this consumer lifestyle. I’ve spent money on shirts I’ll never wear, jackets that’ll never come out the closet, and jeans that’ll never see the light of day. All those purchases were made on a whim, regretted the next day, and then made again. It’s like a never-ending cycle, one that I’ll try hard to break out of. But maybe not today. There are a couple of jackets I’ve had my eye on recently...
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albertayebisackey · 4 years
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Religous Excess - Oxford Brookes University Final Year Project - 2012
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watchwhatyounodto · 4 years
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#Repost @parkourcoachkevin ・・・ yo! there’s nothing like getting #paidtoplay especially immediately after grappling with wack interpersonal/behavioral nonsense teenage boys are steadily navigating. #tension #toxicmasculinity #malefragility #homophobia #capitalism #consumerculture #highschool #youthofcolor #youth #physicaleducation #peteacher #parkour #oakland #eastbay #bayarea p.s. young brothers, we can overcome this once we recognize that we are one of our biggest obstacles. (at Oakland, California) https://www.instagram.com/p/B8SlmuxHGun/?igshid=13ypayquwexfw
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kulturpoltergeist · 5 years
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“Führen & Gefahren werden“ #PhasmArt . . . . . . . . . . . #collage #collageart #surreal #surrealism #consumption #consumerculture #konsumwelt #satire #seltsam #schnipsel #werbung #advertising #madness #konsum #Bilder #kreativ #vaporwave #gestalten https://www.instagram.com/p/B1Y9SMJo-Bc/?igshid=io98n1qvhhwo
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arthurandabolition · 6 years
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College Students and Consumer Culture
Electronics
1. Toshiba laptop with charger - want
2. Wireless mouse - want
3. DVD player - want
4. CD player - want
5. Smart Television - want
6. iPhone 6 with chargers - need
7. iPhone 4 with chargers – want (now; it’s my old phone)
8. iPod - want
9. USB portable charger - want
10. Batteries (AA, AAA, C, and D) - want
11. Remote controls - want
12. Blue earbuds - want
13. 2 Canon camera kits (with stands and external lights) - want
School Supplies (in total)
1. Three-in-one Solo Briefcase/Backpack - need
2. 5 bookbags – want
3. 13 notebooks - need
4. 20 page protectors - need
5. 4 packs of lined paper - want
6. 50 pens (roughly) – need (but not that many)
7. 25 pencils (roughly) – need (but not that many)
8. TI-84 Calculator - need
9. 100+ books, magazines, textbooks, bibles - need
10. 4 binders - need
11. 10 folders - need
12. Post-Its and notecards – want
13. Highlighters, colored pencils – want
Clothing and Accessories
1. 10 sweaters and long-sleeve shirts – need (but not that many)
2. 10 pairs of pants [lol “pairs” - because on “pair” of pants is technically one item, but it’s also a pair haha … ok let’s continue] – need (but not that many)
3. 100 shirts (roughly) – need (but not that many)
4. 10 suits – need (but not that many)
5. 5 scarfs – want
6. Wallet - want
7. 4 bracelets - want
8. 4 necklaces – 1 is a need (personal), the other 3 are wants
9. 4 watches - want
10. 20 hats (incl. beanies, snapbacks, buckets) – want
11. 12 belts – need (but not that many)
12. 10 pairs of shoes – need (but not that many)
13. A lotta’ underwear – need (but not that many)
14. 25 pairs of socks - want
15. My glasses? (with a case, cleaner and wipes) – need (without contacts)
16. My contact lenses? (with holder and solution) – need (without glasses)
Grooming items
1. 2 hair clippers (w/ adjustment combs) - want
2. 4 hair brushes - want
3. 2 hair combs - need
4. Hair scissors - want
5. 2 2-in-1 Suave Men’s shampoo and conditioner - need
6. 3 deodorant sticks – want (society pressures)
7. Bath & Body Works NOIR 2-in-1 hair and body wash and Ultra Shea Body Cream – want
8. 1 200-pack of One-a-day Men’s Vitamin vitamins - want
9. 3 colognes - want
10. Dove soap (unscented) - need
11. Aquaphor Healing Ointment – need, but can be substituted
12. Body lotion - need
13. 40 towels (all sizes) – want
Additional items (transportation, household furnishings, appliances, and more)
1. Lamp - want
2. Dresser - want
3. Nightstand - want
4. Adidas travel bag – need, when traveling
5. Two bookcases - want
6. Furnished bed - want
7. Car (2018 Hyundai Elantra) - need
8. Photographs of friends and family, signs of affirmation, calendar - want
9. Planner - want
10. Debit and Credit cards - need
11. 30 Envelopes - want
12. Best birthday cards I’ve received (about 60) - want
13. 98 DVDs - want
14. 50 CDs - want
15. 60 cards (birthday, holiday, and special event) - want
16. 10 gift bags - want
17. 3 pieces of luggage – need, when traveling (but not that many)
18. Bb trumpet (with cleaning kit) - want
19. 6 posters - want
20. 4 yearbooks - want
21. Misc. business and personal documents and papers – need because security
22. Napkins, toilet paper, tissue, paper towels - want
23. Toolkit (ex: screwdriver) - need
24. Business cards - want
[The home that I live in has the following appliances]
25. 2 full bathrooms
26. 1 half bathroom
27. Dishwasher
28. Kitchen
29. Washer and Dryer
30. 2 Refrigerators
I took this assignment very seriously. I made it personal. I was on a quest to understand how much I take things for granted. Today, there are places in the world where people will sacrifice their lives for a portion of what I have in my possession to be given to their family. If you’re reading this, the same probably goes for you too. We have the agency to contest damaging things that linger in our cultures, like consumerism. Somehow, one of the cultures I belong to enforced the idea that Nike, Adidas, Toshiba, Suave, Bath and Body Works, and other “brand name” companies deserve my loyalty.  What I love about this assignment -at least at this moment- is: I’m questioning how and why I have things. Some things I have were given as gifts, while other things were bought at a price that I could’ve bought the same thing, with the same quality, at a fraction of the price. Some are brand new, some are worn. Some things look or feel better than others. But one thing is for sure, most of these things are wants. I don’t need most of this stuff. So, I ask myself: if a fire broke out on the third floor of my home, and I had a few minutes to grab all that I wanted or needed, what would I grab?
Five wants
1. 4 watches – two are gifts, two I bought. I was raised to believe to never believe a man without a watch, because he will not value your time if he doesn’t value his own time. However, a man does not necessarily value time by whether he is wearing a watch. Plus, I can just check my phone, look at clocks, or ask people what time it is.
2. Post-Its and notecards, highlighters, colored pencils – all these things are great to make papers organized and pretty, but they aren’t a need. I can just use pencils and pens to supplement to achieve the same purposes.
3. Bb trumpet (with cleaning kit) – I was a trumpet player from 6 years in grade school. I played in concert, marching, and jazz band. I was gifted with a mid-grade Bb Trumpet from my mother when I hit high school. So now, I keep it for sentimental reasons.
4. Bath & Body Works NOIR Ultra Shea Body Cream – This was a gift
5. 3 deodorant sticks – Most of us wear deodorant to keep our natural smells hidden due to society pressures. Some of us wear it so that we prevent our armpits from producing a lot of sweat. I consider the former a more valid point.
Five needs
1. iPhone 6 with chargers – My iPhone is a need because I need a phone for emergency purposes. For example, I commute to campus. I drive for hours on the freeway super early and super late at night. On the other hand, I don’t need to have such an expensive phone with so many features and instead of multiple chargers, one charger is sufficient.
2. Car (2018 Hyundai Elantra) – Yea, I’m questioning why I bought a new car too. Minor mistake but I’ll be alright. Similar to the iPhone, I do need a car, for car stuff, like transportation. I need my car to run errands, go to school, go to work, and more. But, I could’ve bought a hooptie and went on my mary way.
3. 10 pairs of shoes – I have a decent number of pairs of shoes, but I don’t need these many shoes. I need two pairs of shoes: one pair of sneakers to walk around campus in and one pair of dress shoes for work.
4. Three-in-one Solo Briefcase/Backpack – I can’t carry around all of my books, notebooks, and supplies in my arms all day, and I need these things for my classes during the day, so I need my backpack so that it can hold everything for me as I carry it around comfortably.
5. 12 belts – I do need a couple of belts. One for dress pants for work, and one for a pair of shorts and/or jeans. The rest are extra and not needed.
Please feel free to reply/comment!
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endemix · 2 years
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Closing of Neuroeconomics by @yngveholen and its 3D floor carpet for visitors to walk through. #neuroeconomics #yngveholen #consumerculture #contemporaryart #contemporary #3d #3dprinting #carpet #carpetdesign #exhibition #exhibitiondesign #may2022 #milan #2022 (at Spazio Maiocchi) https://www.instagram.com/p/CeEl1XAsV0M/?igshid=NGJjMDIxMWI=
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tyanna3 · 3 years
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Culture of Consumerism
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Looking at the list I’ve created, I noticed that a lot of things that I thought were necessities, are really not. Most of the things I use in my daily life, such as most of my electronics and certain decorations around my room, are just things that I want and don't even need. After looking at all the prices of everything together, it was kind of shocking to see how much is actually spent on the things I own. Even though my clothes, sneakers, jackets, and coats, are all necessities, I know I didn't really need those specific items, or have to spend so much on a certain brand that I wanted. For example, the coats I own are somewhat expensive ranging from about $500 - $1,000 for just 1, and I have it just because of the looks of it but not because of what its purpose is for. Same thing applies to my phone and laptop. A laptop was necessary for school, and a phone is necessary for communication, & etc. but I didn't have to go for the phone that was the most expensive, or the laptop that was more expensive just because it was something that was appealing to me.
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ciciiliu · 3 years
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As mentioned in class, a successful ad campaign mostly focuses on the consumers and what kind of message they would like to embrace. I've also recently listened to a podcast called "Secular Buddhism" that talked about branding-- whether in a general consumer context, or in our own context. We are constantly trying to fit into our specific brand, and when we don't perceive that brand or others don't perceive us as that, we go into a mini crisis mode because we realize we don't exactly know who we are. This article made me think of that podcast, especially the part mentioning "Nike: Find Your Greatness". This campaign makes everyone feel like they can be part of the athletic culture, and appeals to everyone and not professional athletes. It makes "normal" people feel incredible, and can appeal to their own brand they think themselves as. The data these companies collect to create a brand so appealing is incredible but also scary.
March 14, 2021
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inthenameofthebody · 3 years
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parisinperson · 3 years
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The fetishizing of the object is what likely bothered the art nouveau artist. They saw material, inanimate objects being infused with human (and divine) properties, while at the same time, actual human beings were being deprived and devoid of them. They saw this transfer of properties from people towards the objects they created as wrong, and they decided to fight against it. The female body is supposed to be sensual, not the dress used to cover that body; not to jewel used to adorn it, nor the bag, nor the shoes, nor anything else. The quality of sensuousness is essentially human – we do not know nor can we say for certain if other mammal animals entertain the notion of eroticism the same way humans do. It may just be an urge to reproduce, or it can be something more, we don’t know. What we do know, on the other end, is that humans do cultivate these notions of eroticism and sensuousness, and tend to draw great deal of pleasure in their exercise. To the art nouveau artist it may have seemed as profoundly wrong to take this quality away from the human being, and instead, infuse the inanimate object with it. It may have seemed as an aberration and an affront to not only womanhood, but to humanity as such. This is way the art nouveau style is so insistent on female sensual form; on invoking the female pleasure, sometimes in very brazen and not necessarily subtle manner. A woman is not supposed to draw her beauty or her sensuality from the sensualized, fetishized garments – she is supposed to draw those qualities from herself, her being and body. Art nouveau artist is interested in the sensual nature of the naked female body, away from the fetishized garments; they are interested in regarding the said body as the source of sensuality – this is why even the art nouveau furniture, jewelry, or the soft and rounded shapes of buildings, are essentially feminine in nature. #artnouveau #art #architecture #facade #stonemasonry #gasping #consumerism #turnofthecentury #consumerart #consumerculture #16th #16eme #16emearrondissement (presso 16th arrondissement of Paris) https://www.instagram.com/p/CJIpAjJJfjX/?igshid=wvh343pdx2l1
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