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Letter of the day Don't blame only the consumer for consumerism
The Straits Times
|September 03, 2024
refer to Associate Professor Michelle Lee's Opinion piece "Time to take a hard look at curbing While I agree with her that the average consumer has a role to play in reducing excessive consumption, I feel she has overlooked the underlying problems.
While I agree with her that the average consumer has a role to play in reducing excessive consumption, I feel she has overlooked the underlying problems. Consumerism is not just a consumer issue, but also a corporate and policy issue.
Consumerism is a corollary of capitalism and the growth imperative. Ever-increasing profit and economic growth demand ever-increasing consumption.
The annual exultation of gross domestic product and consumer spending growth implicitly endorses consumerism and the often shady business practices that fuel it.
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