Goods whose desirability is predicted at least in part on short supplies, limited access, higher prices and consequent social honor or position.
EX: caviar, designer jeans
a multidimensional set of social processes that create, multiply, stretch and intensify worldwide social interdependence and exchanges while at the same time establishes a growing awareness of deepening connections between local and distant.
Treadmill of Consumption
A cycle of working to earn $ to consume products that inevitably need to be replaced and or products that are considered necessary because of advertising.
describing or considering meaningful social interaction such as work, leisure, education in monetary terms.
products planned to be replaced shortly after going on the market
EX: computers, edition text books, phones...
economist/philosopher who argued that material conditions are the main determinant of human history