Commercialism: meaning, definitions and examples

This term is often used to describe the emphasis on maximizing profit and prioritizing commercial success over other values. It can have a negative connotation, implying exploitation or excessive focus on money.

• The holiday season has been taken over by commercialism, with more focus on shopping than family time.
• The commercialism in the movie industry makes it hard for independent films to gain popularity.

Focuses on the protection and promotion of the interests of consumers. It also refers to a societal trend where people prioritize the acquisition of goods and services. Often used in a critical context to highlight excessive consumption.

• Modern society's consumerism has led to a culture of overconsumption and waste.
• The rise of consumerism has changed the way people perceive happiness and success.

Concentrates on the importance of physical possessions and wealth. Often carries a negative connotation, suggesting that people value material goods over more meaningful aspects of life.

• Her materialism was evident from her constant need to buy the latest gadgets.
• Philosophers often debate the impact of materialism on human well-being and ethics.

A broad economic and political system where trade, industry, and the means of production are largely privately owned and operated for profit. Discussions about economic systems, policies, and ideologies often include this term.

• Under capitalism, individuals have the freedom to start their own businesses.
• Critics argue that capitalism can lead to economic inequality.

Use this word when referring to the emphasis on maximizing profit through commercial activities, often at the expense of other values such as culture or ethics.

• The commercialism of the holiday season makes it feel less special
• Critics argue that the commercialism of sports ruins the spirit of the game

This term is historical and is suitable when discussing economic policies of European nations during the 16th to 18th centuries focused on maximizing exports and minimizing imports to build national wealth.

• During the era of mercantilism, European powers competed fiercely for colonies
• Mercantilism often led to strict government control of the economy

This word is appropriate in negative contexts where one party benefits unfairly from another's labor or resources, often involving some form of abuse or unfairness.

• The exploitation of workers in sweatshops is a serious ethical issue
• Environmentalists criticize the exploitation of natural resources for short-term gain

This word should be used in negative contexts where individuals or companies make excessive profits, especially in unethical or exploitative ways during times of crisis or scarcity.

• Profiteering during a natural disaster by inflating prices of essential goods is highly unethical
• The scandal revealed the extent of profiteering in the healthcare industry