con‧sum‧er‧ism /kənˈsjuːmərɪzəm $ -ˈsuː-/ noun [uncountable]

1. the belief that it is good to buy and use a lot of goods and services – often used to show disapproval:
the growth of consumerism

2. actions to protect people from unfair prices, advertising that is not true etc
—consumerist adjective

[TahlilGaran] Dictionary of Contemporary English ▲