Consumerism: What’s the True Cost? - RE Sources (2024)

In a world teeming with 7.7 BILLION people how we use, distribute, and care for the earth’s natural resources matters. All the stuff we buy impacts the earth, from extraction to disposal. Remember that the raw materials for everything we use and consume comes from the earth! Can you name some natural resources?

So here’s how America is doing:

The United States makes up roughly 5% of the world’s population, yet consumes 25% of the world’s resources.

Let’s break this down even more. According to an article published in Scientific American, David Tilford of the Sierra Club stated “With less than 5 percent of world population, the U.S. uses one-third of the world’s paper, a quarter of the world’s oil, 23 percent of the coal, 27 percent of the aluminum, and 19 percent of the copper,” he reports. “Our per capita use of energy, metals, minerals, forest products, fish, grains, meat, and even freshwater dwarfs that of people living in the developing world.” The percentage of waste created is similarly disheartening: Americans create an estimated 30% of the world’s waste. We aren’t the only developed country taking more than our fair share, but we could do better.

Watch this video about (over) consumption.

Consumerism: What’s the True Cost? - RE Sources (1)

These are some natural resources we use:

  • Water
  • Timber
  • Coal
  • Oil
  • Phosphorous
  • Iron
  • Natural gas
  • Bauxite
  • Soil
  • Silica
  • Limestone
  • Sun
  • Wind
  • Copper

For a deeper look into renewable and non-renewable energy sources, check out this lesson.

The clothes we wear, the devices we use, the packaging our products are wrapped in, the food we eat, the homes we live in, the books we read, the chair we are sitting on, and everything we buy, is made from raw materials extracted from the earth.

What were the last 3 things you purchased, not including food? What were the resources used to make the products you purchased?

Humans need food, shelter, water, air, and clothing to survive. And, of course, we buy other things that make our lives easier and more fun. But Americans tend to love shopping and as a result, use vast amounts of resources, accumulate a lot of stuff, and subsequently create more waste bound for landfills. The holiday season, in particular, is a shopping frenzy that begins just after Halloween with sales, deals, and more sales often causing people to go into debt.

It’s a balancing act between wants and needs. Yes, we all need clothes to protect us from the elements, but do we need a closet full? How do you balance wants vs needs?

Let’s look at some material goods we might have. Answer the three questions after each item as best you can.

Consumerism: What’s the True Cost? - RE Sources (2)

Share with your friends and family and compare the answers for whether an item is a want or a need. How do you decide what to buy? For example, when I feel the strong urge to buy something I might wait a week. Often if I wait at least a few days, I no longer really want to buy it. Think before you buy.

Why do we buy so much?
  • Peer pressure
  • Advertising
  • Impulse buy
  • Think it will make us happy

Consumerism: What’s the True Cost? - RE Sources (3)

We want to have the same things as our friends have. We want to fit in. Advertising plays a huge role in the selling of products to consumers. It seems someone is always trying to sell us something. Sometimes we impulse buy to make us feel better after a bad day. And we buy things because we think things will make us happy. Maybe it will for a few minutes or a day, but ultimately having more stuff does not bring happiness and it definitely isn’t better for the environment.

Corporations and companies play a part in our consumer habits in conjunction with advertising in a couple of ways:
  1. Perceived obsolescence. Customers believe they need to buy a new upgraded product even though the older model still works fine. Again, the example of the cell phone. Every year a new version is presented to the consumer and the company encourages us to buy this updated, better, faster phone.Consumerism: What’s the True Cost? - RE Sources (4)
  2. Planned obsolescence. When a product is deliberately designed to have a shorter life span. An example of this that most of us can relate to is the battery life of a cell phone or the phone’s inability to work as well after a software update. Basically, the product is designed in a way that encourages the consumer to buy the product over and over instead of focusing on building a quality product that will last years if not decades.Consumerism: What’s the True Cost? - RE Sources (5)

Both of these tactics negatively impact the environment because more resources are used in manufacturing more products and because more waste is created that will sit around in a landfill for hundreds of years. These factories are often in developing countries with no minimum wage or protections for workers who labor 7 days a week for meager pay. Interested in learning about how paper and glass are made? Check out the lesson on the life cycle of paper and the life cycle of glass.

It’s simply not sustainable to continue consuming at our current rate.

Here are some ways to be a smarter consumer:
  • Buy less
  • Buy used
  • Buy locally made or grown
  • Repair
  • Learn to sew or knit
  • Buy quality products that are built to last

What are other ideas you have?

Stay tuned, next week in Material World part II we will look at fast fashion and the impacts of clothing on the environment and society! See you then.

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Discover the life cycle of stuff!

Consumerism: What’s the True Cost? - RE Sources (6)

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Consumerism: What’s the True Cost? - RE Sources (2024)

FAQs

What are the costs of consumerism? ›

The negative effects of consumerism include the depletion of natural resources and pollution of the Earth. The way the consumer society is working is not sustainable.

What are the sources of consumerism? ›

Consumerism is a social and economic order in which the aspirations of many individuals include the acquisition of goods and services beyond those necessary for survival or traditional displays of status. It emerged in Western Europe before the Industrial Revolution and became widespread around 1900.

What is the real cost of overconsumption? ›

“Overconsumption has been identified as contributing to environmental issues. It exhausts the planet's life support systems like the ones that provide us with fresh water and leaves us short of materials critical to our health and quality of life.”

What are the cons of consumerism? ›

Disadvantages. Consumerism is often criticized on cultural grounds. Some see that consumerism can lead to a materialistic society that neglects other values. Traditional modes of production and ways of life can be replaced by a focus on consuming ever more costly goods in larger quantities.

What are the largest consumer expenses? ›

Housing expenditures, which account for the largest share of total expenditures, rose by 7.4 percent in 2022.

What are the consumer costs? ›

For the consumer, price is only one part of total cost of a product. The consumer has the additional costs of transportation, usage and eventually, disposal of the product. Together, these costs are referred to as the total customer cost (TCC).

What is the main cause of consumerism? ›

Modern Consumerism Started With The Industrial Revolution

During the Industrial Revolution, the manufacturing of material goods expanded beyond consumers' fundamental necessities, resulting in the North American consumerism phenomenon.

What are the roots of consumerism? ›

Origins of Consumerism in the United States

The North American consumerism movement began during the Industrial Revolution when the production of material goods grew beyond consumers' basic needs and interests.

What is the core of consumerism? ›

Consumerism is an economic theory that was first noted in the twentieth century. It is the belief that excessive consumption of goods has a positive effect on the economy and that companies should create goods and services that consumers most desire.

What is the actual full cost? ›

Actual cost refers to the cost which was actually spent to manufacture a product and can be calculated after the product has been produced. It includes the total that was spent for the materials, direct labor, and overhead incurred in production.

What is the true cost of something in economics? ›

The field of “true cost accounting” reflects an economic principle in which all the external costs (externalities) are considered when determining the full cost of production—and includes calculating the price tags of negative externalities.

What is the actual consumed cost? ›

Actual Cost means the cost of depleted supplies, records storage media costs, actual mailing and alternative delivery costs, or other transmitting costs, and any direct equipment operating and maintenance costs, including actual costs paid to private contractors for copying services.

What are the dark sides of consumerism? ›

The other side of the coin of consumption is dark; people's consumption motives, thoughts, emotions, and behavior harm their or others' health and social, material, and mental well-being.

Who is against consumerism? ›

Consumerism tends to be associated with capitalism, so modern socialists tend to be anti-consumerist, with anti-consumerism described as having become "left wing common sense".

Are there any benefits in consumerism? ›

Increases economic output and creates jobs. Leads to increases in wealth for companies. Promotes competition between companies. Allows for a large variety of goods and services.

What are consumption costs? ›

A consumed cost is an expenditure for which the associated utility has been used. When a cost has been consumed, it is reclassified from being an asset to being an expense. This means that the cost is shifted from the balance sheet to the income statement.

What is an example of consumerism? ›

Examples that illustrate consumerism as an economic philosophy include: An automobile company that decides to discontinue certain cars because of lack of demand. An individual purchasing a tea set simply because of its attractiveness, believing that possessing it will impact their social status.

What are the causes of consumerism? ›

Causes of Consumerism:
  • Overconsumption:
  • Competitive lifestyle:
  • The Feeling of isolation:
  • Effective marketing strategy:
  • Availability of goods/Having too many choices:
  • Materialistic possession:
  • Overdependence on technology:
  • Fashion Trend:
Jul 28, 2023

What is an example of excessive consumerism? ›

Excessive consumption leads to bigger houses, faster cars, trendier clothes, fancier technology, and overfilled drawers. It promises happiness, but never delivers. Instead, it results in a desire for more… a desire which is promoted by the world around us.

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