Planned obsolescence plays a huge role in consumerism

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(often incompatible) model or version (Business Dictionary). Planned Obsolescence plays a huge role in consumerism because it drives people to constantly want the newer, better, options. Newer products come out every day and it drives the desire to have them. An example of this would be internet speeds. The company I use for my internet at home recently upgraded all lines and is now able to carry a much higher speed to customers because of this everyone is running out and upgrading speeds because now that it is offered they feel the need to have it. I personally feel that we have become ungrateful and needy. We are always looking for bigger and better and are rarely satisfied with what we have when we should be thankful. I think it’s ridiculous that people go out and replace and waste money on things they don’t need just to keep up. It’s almost like a competition to see who can have the newest things. I think that this most closely relates to the ethical theory Utilitarianism. Utilitarianism focuses on right and wrong based off outcomes from choosing one action over another. Utilitarianism states that we should choose what will produce the best outcome for the most people. (Mosser, 2013). We shouldn’t focus on having newer or better things we should just focus on making sure we have what we need and trying to help others. References Consumerism. BusinessDictionary.com. Retrieved February 26, 2017, from BusinessDictionary.com website: Mosser, K (2013). Ethics and Social Responsibility (Section 1.6) Bridgepoint Education, Inc. Planned Obsolescence. BusinessDictionary.com. Retrieved February 27, 2017, from BusinessDictionary.com website:
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