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What Are The Pros And Cons Of A Buy Nothing Day Consumerism

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In 1992, Canada organized a day on which people are urged to make no purchases. The idea behind this “Buy Nothing Day” is to increase citizen awareness of “environmental and ethical” consequences that come with too much consumerism; however, many feel it will severely hurt small businesses. Nevertheless, the concept behind a day without spending is a great way to control consumer rates as long as those who choose to partake are prepared to go a whole day with no transactions. Before discussing the pros of a Buy Nothing Day, we must understand the reason why it can be beneficial. Consumerism, the purchase of goods or services, is typically seen as a fantastic way to boost the economy but everything has a limit. Excessive consumerism, or the act of buying too many goods and services, can become a major issue for any economic system. For instance, in the 1920’s there was a huge economic boom which created a consumer revolution. Eventually, this led to The Great Depression that left many Americans struggling …show more content…

Since there are thousands of small companies in America, some people believe a Buy Nothing Day would become problematic; however, this day would occur only one day a year. With just one day of no spending compared to 364 days of purchasing goods, there really should be no reason to worry. Stores and fast food restaurants are utilized every single day; therefore, just one day without any profit would not hurt them when they bring in a consistent amount of people the rest of the year. In addition, it could also give them time to restock and discuss new business ideas. This day might also help teach cautious consumers to save money and invest it in essential goods and services. If people stopped wasting money on useless things, then they would have more money to spend on important essentials such as food, clothing, transportation,

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