The Buddhist Think Sangha defined consumerism further as…
the dominant culture of a modernizing invasive industrialism which stimulates--yet can never satisfy--the urge for a strong sense of self to overlay the angst and sense of lack in the human condition. As a result, goods, services, and experiences are consumed beyond any reasonable need. This undermines the ecosystem, the quality of life, and particularly traditional cultures and communities and the possibility of spiritual liberation."
My own concern is that consumer identity is crowding out or displacing ecological identity. -Stephanie Kaza
Excerpt from the book: “Hooked! Buddhist Writings on Greed, Desire, and the Urge to Consume.”