Watch This — The History of Consumerism in a Nutshell

Woman shopping
Photo by ESB Professional / Shutterstock.com

For most of history, the overwhelming majority of people owned next to nothing. In modern-day America, it seems that people own too many things. In fact, Public Storage — the nation’s largest self-storage operator — reported revenues of $2.56 billion in 2016, according to SpareFoot.com.

That’s a lot of piled-up goods. How did we get here?

The School of Life organization has posted a video that helps explain the rise of consumerism. It shows how beginning in the early 18th century, developments in northwestern Europe — and particularly in Britain — kicked off the consumer culture that we know and love today.

Watch the video to learn more about the history of consumerism — and whether or not we can find a better blend of consumerism and high-minded values in the future.

Do you believe a nation of shoppers also can be virtuous? Let us know by commenting below or on our Facebook page.

How to find cheaper car insurance in minutes

Getting a better deal on car insurance doesn't have to be hard. You can have The Zebra, an insurance comparison site compare quotes in just a few minutes and find you the best rates. Consumers save an average of $368 per year, according to the site, so if you're ready to secure your new rate, get started now.

Read Next
17 Home Upgrades That Rarely Help Close a Sale
17 Home Upgrades That Rarely Help Close a Sale

Real estate agents give these renovations low marks when it comes to helping sell homes.

It’s Worth Paying More for These 7 Things
It’s Worth Paying More for These 7 Things

Sometimes, the difference in quality makes it worthwhile to open your wallet a little wider.

3 Ways to Downsize Your Life to Save Money, Time and Stress
3 Ways to Downsize Your Life to Save Money, Time and Stress

Downsizing can cut the bloat in your finances — and give you more free time and less stress.

View this page without ads

Help us produce more money-saving articles and videos by subscribing to a membership.

Get Started

Comments

Our Policy: We welcome relevant and respectful comments in order to foster healthy and informative discussions. All other comments may be removed. Comments with links are automatically held for moderation.

Trending Stories