consumerism

noun

1. (countable, uncountable)A materialistic attachment to possessions with a heavy use of consumables; a lifestyle based on such tendencies.

   “The fear of corporatism, consumerism, middle-browism and a mass reading public has driven twentieth-century cultural hierarchists.”

   “Insatiable consumerism has blinkered our vision and left us unable to distinguish between what we need and what we merely want.”

   “It’s easy to say, as I often do, that it’s capitalism at work. Yet I am actively involved in consumerism, triggered by my insecurities.”

   ““It’s where cultural identity and cheap viral consumerism intersect,” D. Andrew Price, head of content at Memes Media Group, said of how Mr. Kirk’s T-shirt has proliferated in recent days.”

2. (countable, uncountable)An economic theory that increased consumption is beneficial to a nation's economy in the long run.
3. (countable, uncountable)A policy or social movement of protecting and informing consumers through honesty in advertising and packaging, as well as improved safety standards, among other measures.