consumerism
noun
con·sum·er·ism
| \ kən-ˈsü-mə-ˌri-zəm
, -mər-ˌi-\
, -mər-ˌi-\
Definition of consumerism
1
: the theory that an increasing consumption of goods is economically desirable
also
: a preoccupation with and an inclination toward the buying of consumer goods
… the contemporary marketplace is shaped solely by the craven needs of lowbrow consumerism … — Thomas Byrne Edsall
2
: the promotion of the consumer's interests