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Overconsumption describes a situation where consumers overuse their available goods and services to where they can't, or don't want to, replenish or reuse them. [1] In microeconomics, this is the point where the marginal cost of a consumer is greater than their marginal utility.
A more informal definition of the term would describe it as "a quasi-illness caused by guilt for one's own socio-economic superiority". [6] The term "affluenza" has also been used to refer to an inability to understand the consequences of one's actions because of financial privilege.
Gluttony (Latin: gula, derived from the Latin gluttire meaning "to gulp down or swallow") means over-indulgence and over-consumption of anything to the point of waste. In Christianity , it is considered a sin if the excessive desire for food leads to a lack of control over one's relation with food or harms the body. [ 1 ]
Thesaurus Linguae Latinae. A modern english thesaurus. A thesaurus (pl.: thesauri or thesauruses), sometimes called a synonym dictionary or dictionary of synonyms, is a reference work which arranges words by their meanings (or in simpler terms, a book where one can find different words with similar meanings to other words), [1] [2] sometimes as a hierarchy of broader and narrower terms ...
Experts often assert that consumerism has physical limits, [2] such as growth imperative and overconsumption, which have larger impacts on the environment. This includes direct effects like overexploitation of natural resources or large amounts of waste from disposable goods and significant effects like climate change .
Further, it has been observed that: "While almost all contemporary critics [of consumerism] and activists talk of the need for an environmentally sustainable mode of living, many also focus intently on how the consumerism driving overconsumption undermines our sense of well being and happiness; contributes to a culture of overwork, haste and ...
The term describes a critical view of overconsumption and excessive production of short-lived or disposable items over durable goods that can be repaired, but at its origins, it was viewed as a positive attribute.
In hyperconsumerism, goods are often status symbols, as individuals buy them not so much to use them, as to display them to others, sending associated meanings (such as displaying wealth). [1] However, according to other theorists, the need to consume in hyper-consumption society is driven less by competition with others than by their own ...