Consumerism Quote by John Kenneth Galbraith
“The individual serves the industrial system not by supplying it with savings and the resulting capital; he serves it by consuming its products.”
About This Quote
Source Book: The Affluent Society, 1958
People sustain the industrial system more by consuming its goods than by saving and investing capital.
In simple terms: Consumption fuels the system.
Key Takeaway
Be mindful of consumption habits.
Themes
consumerism
economics
industrial society
Mood
analytical
critical
Type
economic
sociological
When to use this quote
- advertising
- budgeting
- environmental policy
- urban planning
Key Concepts
capital formation
market demand
social behavior
Questions to Reflect On
- How does your consumption affect the economy?
- Can you reduce consumption without sacrificing wellbeing?
A Different Perspective
Consumer focus can lead to waste and inequality.
