consumerism

noun ! Definition from Wiktionary (CC BY-SA). Pronunciation from Wiktionary, via Kaikki.org. More about consumerism at Wordnik → Where our words come from →

1. A materialistic attachment to possessions with a heavy use of consumables; a lifestyle based on such tendencies.
2. An economic theory that increased consumption is beneficial to a nation's economy in the long run.
3. A policy or social movement of protecting and informing consumers through honesty in advertising and packaging, as well as improved safety standards, among other measures.