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The Pros And Cons Of Consumerism

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A World Full of Consumerism This action is exemplified in everyday society, many people are devoted supporters while others are strong opposers. The world 's financial economy greatly depends on it, yet many boycott it, becoming minimalists. Yes, indeed, I am speaking on the heavily debated topic of consumerism. It is my belief along with many others, that consumerism should be a part of our daily life, because not only does consumerism benefit individual lives but also the nation’s economy. Some see consumerism as a massive issue, declaring that it will be the end of the world 's financial economy, causing the majority of jobs to become extinct. (Kennedy). However, I must disagree, as I see a more positive outcome of consumerism. First of all, consumerism helps the economy’s financial system by allowing businesses to stay open and pay their workers a steady paycheck. As stated in an article by Bruce Kennedy, “A healthy economy requires a high level of consumer spending.” I strongly agree with this statement, because not only does a strong, healthy economy needs a variety of jobs, but also it needs the jobs to stay in business. This could not be possible without consumers purchasing and spending money on goods companies are selling. Without consumers spending money on products, companies would be at risk to go bankrupt along with the company 's workers facing the risk of losing their jobs. All in all, consumerism has strongly benefited the economy’s financial system by

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