“People are becoming more materialistic. They are
concerned with making more money and what money can buy.” What is your opinion
on being materialistic? You should write at least 350 words.
When
we talk about materialistic, the word money will appear on the spot into our
minds. Actually, materialism is not completely about money. The term
materialism is a theory that physical matter is the only or fundamental reality,
that all being, processes and phenomena can be explained as manifestation or
results of matter. Have you ever thought that materialism will be an asset to a
country. Materialism also affects in the domain of economy, individuality and also
in moral beliefs. Shall we discuss about it? Let us start it now!
In this century, money is compulsory to a
person to earn his or her life in this developed country. Money is necessary in
all niches of a person’s life as everything needs money. Nowadays, there are
many things that an individual desires on as he or she intends to own all of
the valuable things. However, to achieve what they are fancy, they grasp to the
saying, ‘Poverty waits at the gates of idleness’. They have to strive on doing their
work to obtain extra money in order to purchase the things that they are
willing to as the saying goes, ‘Money talks’. Besides, money begets money.
Since they have money, they tend to create more and more money as they are
becoming dissatisfied with their standard of living. Many consumerists said
that they found happiness and enjoyable. Nonetheless, do not count your chickens
before they hatched. Does materialism cause happiness? Materialism is related
to personal well-being, life satisfaction, and happiness. To date, a
substantial body of research in both consumer behavior and psychology suggest
that highly materialistic individuals appear to be less happy (an affective
indicant of well-being) and are more unsatisfied with their life compared to
individuals with lower levels of materialism.
Bill Clinton used to say that in the new
economy; information, education, and motivation are everything. In today’s
knowledge-based economy, what you earns depends on what you learn. Now let me
ask you a question, are you aware that materialism has an immense effect on
economics? Let us discuss about it. What is the definition of economy? Let me
share it with all of you. Economics is a science that studies on how society
share their resources to meet their needs. In a matter of fact, some economists
insisted that materialism cannot affect economy as economy is created because
of the existence of materialism. It only affects communism and socialism.
Moreover, at a microeconomic level materialism tends to increase the wants
which drives the economy forward. There is a quote stated that unlimited economic growth has the marvelous quality of
stilling discontent while maintaining privilege, a fact that has not gone
unnoticed among liberal economists. Economists at Hoover Institute,Stanford University
state
that the consumers spend nearly 70% of the US gross domestic products(GDP). GDP
is the calculation for total economic output. Consumers are forced to spend
their non-refundable income to obtain more goods due to an approach towards the
economic materialism. As the demand in market is surging, so the firms have to
supply more products to meet the demand of the consumers that renders into
economic growth. This will unleash more business opportunity. Therefore, this
boosts the spending which consequently increases the GDP. When the economy is
dampen, either country or the people shall get benefits from it.
On top of that, materialistic
seem can turn one’s behavior and moral beliefs. A polite and humble person can transform
the manner into a rude and arrogant one. Thus, he or she is willing to do
anything to get hold of what they intend to do or what they want, encompass
crime. It is true that money is the root
of all evils as it is the main cause of wrong doing and problems. The level of
crime in the society will increase if people keep on being materialistic.
Therefore, these negative attitudes will affect the personality of a person. An
Arabic scholar used to say that ‘a thing that being done regularly, then it
will not being just a habit but eventually come up as a compulsory’. However,
Roland Gift, a wise man said, ‘I think I am a materialistic person, value what
it takes to make a car or build nice house, but how it changes people depends
on how they react on it.’
As a conclusion, money appears to have both
positive and negative effect on our behavior. On the one hand, it encourages
self-sufficiency and hard work, but on the other side it discourages some
positive social interaction. Our life on earth is, and ought to be, material
and carnal. But we have not yet learnt to manage our materialism and carnality
properly, they are still entangled with the desire for ownership. In addition,
materialism also contributes much in the nation’s economy. Spending power of
society will boost economy to an advance level besides creates more business
chances for booming trade. Materialism also influences one’s behavior and moral
beliefs. So, how much do materialism prevails or affects your life?
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