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Home • Business

LTAI: Is Consumerism & Over Consumption Ruining Gen Alpha?

Do we need five Stanley cups and over 20 pieces of Lululemon?
LTAI: Is Consumerism & Over Consumption Ruining Gen Alpha?
Happy Latin American woman making a mobile payment at a clothing store – contactless payment concepts
By Sophia Dennis · Updated October 10, 2024

In today’s digital landscape, distinguishing between what is normal and what is common has never been more crucial, particularly regarding consumer habits. Social media platforms provide a window into the lives of others, where creators showcase impressive collections—like 50 Stanley Cups or every shade of the latest blush launch. While it may not be normal to own such quantities, these behaviors are becoming increasingly common, leading to a culture of overconsumption.

Social media fuels this phenomenon by creating an environment where users constantly compare themselves to others. What may initially appear as an unusual habit can quickly become normalized through exposure. This process transforms overconsumption into a social norm, encouraging individuals to indulge in excessive buying behaviors in pursuit of validation and social acceptance. As we scroll through curated feeds, the line between aspiration and necessity blurs, resulting in confirmation bias—where we seek out and engage with content that aligns with our existing beliefs and desires.

James Duesenberry’s consumption theory, particularly the concept of “keeping up with the Joneses,” provides further insight into this behavior. This theory posits that individuals adjust their consumption based on the perceived habits of their peers, leading to a competitive cycle of overconsumption. In an age where influencers and friends highlight their latest acquisitions, the pressure to match or surpass others intensifies, driving individuals to spend beyond their means. This dynamic fosters a culture where self-worth is closely tied to material possessions, emphasizing the need for critical awareness of our consumption habits.

Overconsumption has become almost synonymous with Gen Z and Gen Alpha, as social media glamorizes and normalizes excessive buying behaviors. This generation is overwhelmed by their access to others’ lives and consumption habits, which shape their spending patterns and perceptions of normality. While we can measure these trends with statistics, social media serves as an intimate tracker of cultural shifts in consumer behavior.

Platforms like TikTok have blurred the lines between content and commerce, where advertisements are often disguised as entertainment. This phenomenon, known as content blurring, merges promotional content with relatable storytelling, particularly through micro-influencers. Unlike traditional influencer marketing, this approach often lacks clear disclaimers, creating a seamless flow between content consumption and product promotion. As audiences engage with these creators, they may not realize how deeply their purchasing decisions are influenced by the desire to align with perceived social norms.

The dynamics of social media can be likened to a casino. Just as a casino’s windowless environment causes gamblers to lose track of time, social media platforms encourage users to engage in impulsive buying behaviors through disorientation and urgency. TikTok’s infinite scroll feature fosters compulsive shopping as users encounter targeted ads and trending products, creating a compelling urge to consume quickly to avoid missing out.

Moreover, the culture of overconsumption is amplified by the visibility social media provides into others’ possessions, enabling the formation of communities centered around consumption. Within these communities, continuous purchasing is often seen as a requirement for belonging, further reinforcing the cycle of overconsumption.

This consumption-driven community also reflects the evolving nature of professional careers among younger generations. Many aspire to be part of the creator economy, leading to a culture where individuals invest in products to showcase online, hoping for brand partnerships. However, as the pressure to consume grows, some are beginning to react against it. Trends like “Project Pan,” where creators commit to finishing products before buying new ones, and “No-Buy” challenges, where individuals refrain from purchasing for extended periods, indicate a shift toward more mindful consumption.

Understanding the distinction between what is normal and what is common in the realm of consumer habits is essential, especially in a social media-driven culture. As confirmation bias, Duesenberry’s consumption theory, and the dynamics of content blurring converge, they illuminate the complexities of overconsumption. Recognizing these influences can empower individuals to navigate their consumption habits more critically, fostering a healthier relationship with both their finances and the digital world.

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