Under this definition, consumerism is essentially fetishism, which reflects their lifestyle, status and superiority through the consumption and possession of things. Their unrestrained consumption pollutes the environment, consumes too much resources and brings great negative externalities, but they have not paid the price for it.
The benefits of consumerism:
First, it can promote China's currency circulation and economic internal circulation, and then promote the coordinated allocation of resources, and to some extent promote the improvement and extension of major industrial chains, and promote sustained and stable economic development.
Second, it can inject new vitality into the economy, increase jobs in various industries and promote employment.
3. Under the trend of rapid population aging in China, some industries (especially the entertainment industry) are facing serious market shrinkage, and consumerism can weaken or even prevent the collapse of these specific markets in a relatively long time span, which provides valuable time for China to solve related problems; Fourth, consumerism objectively enriches people's material life and really improves people's living standards.