Sunday, 23 January 2011

Consumption

Our lecture this Friday both confused me and intrigued me. Consumption is a growing phenomenon and links us to people across the world.
It’s hard for me to get my head around consumption but to put it into context, consumption is in the hands of the investor and we need it to help our economy grow. In the recession our banks went bust which lost the faith of the consumer, therefore we weren’t buying, shopping and ultimately investing in the economy. 
Fashion and textiles consumption is decided by growing trends and reports to a global audience.

We were each given a card with a sentence describing an event in the history of consumerism.

‘Increasing power of multinational companies’.

So many things have influenced consumption. To name a few, the Italian Renaissnce 1300-1600, the slave trade, 1619-1680, the Art’s and crafts movement, 1800, the Great Depression, 1930 and Thatcherism, 1980.
Nowadays consumption is turning post materialism. Consumers are rebelling against poor working conditions, especially in clothing and non environmental products.

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