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English definition of “consumerism”

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consumerism

noun [U] uk   /kənˈsjuː.mə.rɪ.zəm/ us    /-ˈsuː.mɚ.ɪ-/
politics the state of an advanced industrial society in which a lot of goods are bought and sold disapproving the situation in which too much attention is given to buying and owning things: He disliked Christmas and its rampant (= extreme) consumerism.
(Definition of consumerism from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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