The notion that increased consumption leads to increased happiness is self-evidently false, yet consumption remains the focus of our economy and society. The appeal of consumption is understandable once we grasp that it is the only empowering act in a neofeudal society where we are essentially powerless. In the mindset of the consumerist economy, purchasing something feels empowering because the act of consuming is experienced as renewing our sense of identity and social status. But since that identity is inauthentic, the sense of euphoric renewal is short-lived and soon defaults to the base state of insecurity. (Read more…) Since the consumer is only empowered by buying and displaying status signifiers, the balance of their lives is experienced as powerless – that is, a chronic state of social defeat. In the act of consuming, the only feature that continues on after the initial euphoria fades is the debt taken on to make the purchase.
[VIA Zero Hedge]