Material desires instigate purchases intended to bolster significance, which fosters increased materialism. Purchases increase GDP, which creates jobs and financial well-being and facilitates more purchases. Increased production to raise GDP uses carbon-based resources and further depletes them. This interdependence has locked society into what psychologists call a “social trap,” in which the pursuit of short-term individual gains leads to a loss for the group as a whole in the long run.
Advisor
The Reinforcing Loops of Consumption, the Economy, and Resource Depletion
Posted May 4, 2022 | Sustainability |
Don’t have a login?
Make one! It’s free and gives you access to all Cutter research.