The last few weeks of the year are always a special time — for shopping.
According to the National Retail Federation, a United States trade group, Americans will spend nearly $1 trillion on clothes, electronics, trinkets, and other goods during the 2024 holiday season, which it defines as November 1 through December 31. That’s about a fifth of the whole year’s retail sales in just two months.
Will all that shopping make people happier? Probably not — more than half of Americans say they regret their previous Black Friday purchases, according to one national survey. Polling suggests the high people get from buying stuff is ephemeral; it fades quickly, only fueling the desire to buy more.
Perhaps the biggest loser in the cycle of overconsumption, however, is the planet. Obscured by the low prices featured in online flash sales are externalized costs to climate and the environment — in the form of raw material extraction, climate pollution from manufacturing and transport, and the waste that results when ... Read more
