World of Work and Consumerism

• Globalization Def.: The fact that different cultures and economic systems around the world are becoming connected and similar to each other because of the influence of large multinational companies and of improved communication
• Globalization pro:

  • increased economic opportunities
  • access to variety of goods and services
  • cultural exchange and technological advancements
• Globalization con:

  • Challenges my involve income inequality
  • environmental concerns
  • risk of economic instability in interconnected markets
• Developing nations (critical economic standard) pro:

  • Nations include potential for economic growth
• developing nations (critical economic standard) con:

  • challenges include poverty
  • political instability
  • Child Labour
• developed countries (good economic standard) pro:

  • new jobs
  • things get cheaper
  • can easy start your own business
• developed countries (good economic standard) con:

  • workplace can be outsourced
  • maybe move to another country for your job
  • negative impacts on local economies
• OECD: Organisation for Economic Co-operation and Development
• CEO: Chief Executive Officer
• MP: member of Parlament
• Advertising pro:

  • shopping has become a hobby for many people
  • online shopping is convenient and often cheaper
  • everybody loves a bargain so sale are popular
• Advertising con:

  • spoils our town
  • some people are addicted to shopping and buy things they don’t need
  • online shopping has led to an increase in crime (stealing)
• Maximalist: you own everything what you want with a lot of colors and big size
• Minimalism lifestyle: you only own essentials that you need
• Minimalism pro:

  • more space, less cleaning
  • structure
  • saving Money
  • reducing waste
• Minimalism con:

  • less spendings
  • dont have stuff if you need them once
• Maximalism pro:

  • more spendings
  • growing economy
  • many things
• Maximalism con:

  • more waste is generated
  • spending much money even wasting money
  • buying addiction is possible
• A: Attention

  I: Interest

  D: Desire

  A: Action
• ethical consumption: an ideal of being completely consequence-free in your purchase/shopping habits
• conscious consumption: a movement that encourages people to be aware of what they buy and to use their money to support brands that have the same values whenever possible 
• • what’s wrong with consumerism? it‘s intrusive, manipulative, unsustainable, it doesn’t meet our needs, it restricts our choices and lives, it affects our worldviews and characters
• Gender Issues in the workplace: more from home working since Covid could have negative effects for women bc men will still be able to come in
• main drivers of the gender pay gap:

  • women‘s potential to get pregnant
  • image of women making emotional decisions
• what could be done to narrow the pay gap?:

  • anonymise application process
  • promote women even with the gap in the CV 
• Fracking (pro):

  • creates jobs
  • lower gas prices
  • independence
• Fracking (con):

  • gas gets in the atmosphere 
  • chemicals pollute ground water