Re:Confessions of an Instagram Influencer
by lonewolf_ninja on Friday December 02, 2016 @03:32PM
(#13092035)
While your distinction about building a better mousetrap is true - the corporation building a better mousetrap needs more money to put into R&D and it can get more only if it is either marketing itself to investors (consumers in this scenario?) or gaining a larger market share by promoting themselves.
Re:Confessions of an Instagram Influencer
by razakel on Saturday December 03, 2016 @09:05AM
(#13095695)
>While your distinction about building a better mousetrap is true - the corporation building a better mousetrap needs more money to put into R&D and it can get more only if it is either marketing itself to investors (consumers in this scenario?) or gaining a larger market share by promoting themselves.
There is a distinction between promotion and advertising.
Re:Confessions of an Instagram Influencer
by sooheon on Friday December 02, 2016 @06:41PM
(#13093256)
I completely agree with you. But it's much more profitable (and therefore fit to survive in a capitalist system) to manipulate consumers to buying your shit mousetrap, than it is to engineer a better mousetrap.
It would be disingenuous to pretend the two aren't highly interrelated, but we are still discussing two separate phenomena.
The distinction, I think, can be summarised by "build a better mousetrap". I'll try the new product and mention it to my friends. Soon everyone is buying the new mousetrap. That's competition at work.
You don't need a multi-million ad campaign carrying an implicit, or perhaps explicit, message of "if you don't buy <new mousetrap> your wife will leave you/women won't find you attractive/<insert any other insecurity>".
Consumerism is the encouragement of consumption by encouraging vanity and appealing to emotional insecurities. Fundamentally I object to the application of psychological science to the manipulation of society in order to extract profit by causing psychological distress.