Concept information
Preferred term
work-and-spend cycle
Definition
- The work-and-spend cycle is a phenomenon in which people in affluent nations remain trapped in a pattern of long hours of work and increasing consumption spending that fails to generate lasting improvements in well-being and plays a major role in ecological degradation. For the originator of the concept, economist and sociologist Juliet Schor, it is not only a matter of the tightening grip of consumerism on culture and consciousness. [Source: Encyclopedia of Consumer Culture; Work-and-Spend Cycle]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/work-and-spend_cycle
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