The worker trampled to death by bargain-frenzied crowds at a Wal-Mart (Wal-Mart? Come ON people - WTF?) and the shootout at the toy store are two horrible, ugly stories that came out of Black Friday, but they are not why I celebrate Buy Nothing Day. Buying more than we need, buying things for the wrong reasons, buying things we can't afford are all part of what's gotten us into the current economic mess - I don't think we're going to be able to shop our way out of it.
We need to make the shift from conspicuous consumption to conscious consumption. Yes, we need to buy things to live, but we must learn to separate need from want, function from fashion, and smart choices from marketing - we have been fed this idea that part of the "American Dream" is that if we want something, then by god, we should have it! "Mastercard, I'm bored" sums up the essence of this idea. Can't afford something? Nonsense! Buy on credit! Pay nothing until 2010! Living above our means has become the norm rather than the foolhardy object lesson it should be. We've been taught personal accounting based on Ponzi Scheme economics - as our homes' values ballooned ever higher, we went further into debt because we had these "assets" - not thinking that balloons burst when inflated too high, and assets based on those balloons evaporate just as surely.
Good people out there in organizations such as the Center for a New American Dream have for many years been advocating conscious consumption, and other groups, such as the Compact, advocate for as little consumption as possible. It turns out that not only is reining in our consumptive culture better for our personal finances, the environment, and our health, people find they enjoy life more when the focus is less on things and more on what matters to them.
Living in under 250 square feet of space for almost two years now has certainly had an impact on my personal relationship with stuff. It's very easy to be overwhelmed with too much stuff in a small space, and also very easy to see how little we actually need. We do have a storage unit, and we are shopping for a house - one we can afford, and I wonder how I'll feel when we unpack that storage unit and see all the things we have not needed for two years? I'm thinking some things are going directly to Freecycle. I hope we can retain the lessons of living small when our quarters expand, but I know how easy it is to accumulate stuff when you have room for it. At least, maybe, it will be sustainable stuff - eco-friendly, healthy, stuff that is built to last and not throw away, stuff we use, stuff within or below our means not purchased on credit. That's ~my~ "American Dream."
Here is some more reading from my bookmarked websites on the topic - enjoy!
'Buy Nothing Day' a sign of the times? | Crave - CNET
This article is a good synopsis of Buy Nothing Day and other ways to fight rampant, senseless consumerism
Op-Ed Contributor - Dying of Consumption - NYTimes.com
"...there is a deeper, potentially positive, meaning to all this: Consumers are now abandoning the asset-dependent spending and saving strategies they embraced during the bubbles of the past dozen years and moving back to more prudent income-based lifestyles."
This is right on! The "MasterCard, I'm Bored!" mentality has got to change - we have come to believe that we are entitled to anything we want, even if we can't afford it. That is NOT the "American Way" as some people seem to think.
Zakaria: A More Disciplined America | Newsweek Business | Newsweek.com
Excellent article by the brilliant Fareed Zakaria - serious and yet very hopeful at the same time. We have the chance to go back to being ourselves - our best selves, and that is a good thing.
Forget commercialism! The new realities of consumption and the economy.
"Spending our way to prosperity? Not this time around.
As a “New Dream” economist, I am asked all the time: won’t consuming less hurt the economy? When there’s less spending, people get laid off, their incomes fall and businesses, especially small ones, go bankrupt. This question is especially urgent today, given that the recession is deepening and spreading. George Bush was widely (and rightly) criticized for suggesting shopping as the patriotic response to 9/11. Would Barack Obama be wrong if he suggested the same?
Short answer: Yes. But with this topic, there’s rarely a short answer. So here’s the longer one."- Let’s remember, first, that the economic crisis wasn’t caused by a decline in consumer spending. It was triggered by the bursting of the housing bubble, Wall Street excesses, and some other factors. Consumers are cutting back now, but the decline in spending is one of a series of falling dominos—more an effect of recession than a cause.
New Dream Blog » Blog Archive » Holiday shopping–just don’t
"We can find better ways to support one another than funneling our money through giant multinationals in hopes that some trickles down to its employees."
- For the last two decades, the U.S. has been a consumer-driven economy. Bursts of spending have lifted us out of a series of short, not-too-painful recessions. And consumers are well aware of their “heroic” role. They’ve been told over and over that their spending is the basis for our economy. (Less discussed is how the consumer binge led to our gaping trade deficit.)
- While some consumers have been on a debt-fueled binge for quite awhile, apparently they haven’t forgotten how to sober up. And fast. They’re acting smart and cautious. That’s a good thing. Scaling back on gifts and holiday spending this year suddenly seems like the socially acceptable thing to do. Spending liberally can feel unseemly.
- Roughly a quarter of annual spending, garbage and ecological impact occurs between Thanksgiving and New Year’s.
- We can find better ways to support one another than funneling our money through giant multinationals in hopes that some trickles down to its employees.
Posted from Diigo. The rest of my favorite links are here.
