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The term consumerism also denotes economic policies ... the protagonist Patrick Bateman criticizes the consumerist society of America in the 1980s of which he is a ...
Beginning in 1978, inflation began to intensify, reaching double-digit levels in 1979. The consumer price index rose considerably between 1978 and 1980. These increases were largely attributed to the oil price shocks of 1979 and 1980, although the core consumer price index which excludes energy and food also posted large increases. [6]
The 1980s (pronounced "nineteen-eighties", shortened to "the '80s" or "the Eighties") was the decade that began on January 1, 1980, and ended on December 31, 1989.. The decade saw a dominance of conservatism and free market economics, and a socioeconomic change due to advances in technology and a worldwide move away from planned economies and towards laissez-faire capitalism compared to the 1970s.
American consumer electronics also suffered from poor quality and a relative lack of technical innovation compared to Japanese electronics, in part because the Cold War had caused most American scientific and engineering effort to go into the defense sector rather than the consumer one. By the end of the decade, it had virtually ceased to exist.
In the 1980s, the median home price in the U.S. was $47,200 ($170,000 adjusted for inflation). In 2025, the median home price is $400,000, and wages are failing to keep up.
Consumerism is a social and economic order in which the aspirations of many individuals include the acquisition of goods and services beyond those necessary for ...
In February 1980, the pilot episode of Fight Back! With David Horowitz was broadcast. As explained in a news article, Fight Back! was the same show as Consumer Buyline, but with a "larger budget." The pilot episode featured a segment shot in North Carolina, as well as a commercial challenge of a Volkswagen Rabbit.
The 1980s were a golden age for comic books, with revered titles like “The Amazing Spider-Man #300” (featuring the first appearance of Venom) and “Batman: The Killing Joke” immediately ...