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Conspicuous consumption


 

Conspicuous consumption is a term introduced by the American economist Thorstein Veblen, in The Theory of the Leisure Class (1899).

Regarded as an addiction

It has been discussed widely since the 1960s, including most often as a form of addiction arising from consumerism but also from productivism where this encourages the production of excess unwanted goods, which must be consumed to justify continued production.

Related Topics:
Addiction - Consumerism - Productivism

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