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(Revert to revision 92805968 dated 2006-12-07 23:14:36 by SebastianHelm using popups)
'''Consumerism''' is a term used to describe the effects of equating personal [[happiness]] with purchasing material possessions and [[Consumption (economics)|consumption]]. It is often associated with criticisms of consumption starting with [[Karl Marx]] and [[Thorstein Veblen]], but can actually be traced back to the first human [[civilization]]s.
In [[economics]], ''consumerism'' can also refer to economic policies that place an emphasis on consumption, and, in an abstract sense, the belief that the free choice of consumers should dictate the economic structure of a society (cf. [[Producerism]], especially in the British sense of the term).