Chinese Consumers
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Consumer capitalism - Wikipedia, the free encyclopedia
Consumer capitalism describes a theoretical economic and cultural condition in ... Stiegler discusses consumer capitalism in his article The Disaffected Individual. ...
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Capitalism - Wikipedia, the free encyclopedia
Article from the Wikipedia open encyclopedia project that discusses history, ... Consumer protection. Copyright. Corporations. Deregulation. Economic ...
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YouTube - Consumer capitalism
George Carlin on consumer capitalism, slave/wage labour and critical thinking. ... Capitalism is just as bad as socialism, but they are just symptoms of the real ...
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Readings on the Consumer
The consumer is essential for the culture of capitalism. ... Culture of Capitalism we suggest that the emergence of the consumer represents a ...
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CONSUMER CAPITALISM
CONSUMER CAPITALISM. Politics, Product Markets, and Firm Strategy in France and Germany ... "Consumer Capitalism will be a critical addition to the growing ...
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The Age of Consumer Capitalism
argues, following Mandel, that "late or multinational or consumer capitalism, far from ... At this point, the term "consumer capitalism," which captures a fundamental ...
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HOW TO RELAX AND ENJOY THE END OF THE WORLD
Bill Bonner says that, as American Consumer Capitalism may be doomed no matter what we do, you may as well relax and enjoy it.
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Yahoo! Shopping is the best place to comparison shop for Consumer Capitalism: - Anastasios Korkotsides Book. Compare products, compare prices, read reviews and ...
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Consumer Capitalism Anastasios Korkotsides | Smarter.com Books
Find the lowest price for Consumer Capitalism Anastasios Korkotsides, ISBN 9780415375184. Buy other books for sale at Smarter.com
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Consumer capitalism describes a theoretical economic and cultural condition in which demand is manipulated, in a deliberate and coordinated way, on a very large scale, through mass-marketing techniques, to the advantage of sellers.

The phrase is controversial. It suggests manipulation of consumer demand so potent that it has a coersion effect, amounts to a departure from free-market capitalism, and has an adverse effect on society in general. Some use the phrase as shorthand for the broader idea that the interests of other entities (governments, religions, the military, educational institutions) are intertwined with corporate interests, and that those entities also participate in the management of social expectations through mass media.

As described in William Leach's Land of Desire, the origins of consumer capitalism are found in the development of American department stores in the 1850s, notably the advertising and marketing innovations at Wanamaker's in Philadelphia. Leach argues there was indeed a deliberate and coordinated effort among American 'captains of industry' to detach consumer demand from 'necessity' (which can be satisfied) to 'desire' (which can never be satisfied).

In 1919 Edward Bernays began his career as the 'father of public relations' and successfully applied the developing principles of psychology, sociology and motivational research to manipulate public opinion in favor of products like cigarettes, soap, and Calvin Coolidge. (Bernays was later dismayed to find his work Crystallizing Public Opinion was a direct inspiration for Joseph Goebbels' propaganda campaigns.) New techniques of mechanical reproduction developed in these decades improved the channels of mass-market communication and its manipulative power. This development was described as early as the 1920s by Walter Benjamin and related members of the Frankfurt School, who foresaw the commercial, societal and political implications.

In business history, the mid-1920s saw Alfred P. Sloan stimulating increased demand for General Motors products by instituting the annual model year change and planned obsolescence, a move that changed the dynamics of the largest industrial enterprise in the world, away from technological innovation and towards satisfying market expectations.

Critics of the theory of consumer capitalism hold that advertising is neither coersive nor probably effective, that the 1958 Edsel catastrophe is proof that even the powerful automobile industry cannot successfully manipulate public opinion, and that allegations of a coordinated effort to manipulate public opinion are nothing more than a conspiracy theory.

An important contribution to the critique of consumer capitalism has been made by the French philosopher Bernard Stiegler, but very little of this has been translated into English. Stiegler argues that capitalism today is governed not by production but by consumption, and that the techniques used to create consumer behavior amount to the destruction of psychic and collective individuation. The diversion of libidinal energy toward the consumption of consumer products, he argues, results in an addictive cycle, leading to hyperconsumption, the exhaustion of desire, and the reign of symbolic misery. Stiegler discusses consumer capitalism in his article The Disaffected Individual. His response to the situation can be discerned by reading the manifesto of his political group, Ars Industrialis.

An important documentary series concerning these issues is The Century of the Self, directed by Adam Curtis.