Guests Ryan Lough and Andrew Oswald discuss the impact of advertising on consumerism and happiness. Topics include the psychology of ads, historical figures in advertising, and the link between wealth and well-being. They explore the influence of comparison in advertising and propose solutions to reduce negative impacts on society.
Advertising manipulates desires into perceived needs through emotional appeals.
Negative psychological impact of advertising on happiness requires potential regulatory solutions.
Deep dives
The Influence of Advertising on Consumer Behavior
Advertising aims to manipulate evolutionary desires into perceived needs by showcasing products in a way that appeals to emotions and desires, moving them from the realm of necessity to luxury. This manipulation involves creating desires for products based on status, pride, and perception, rather than actual needs. Through examining the history of advertising, particularly the role of Edward Bernays in shaping modern advertising tactics, it becomes evident that advertising thrives on stimulating desires and manufacturing needs to drive consumer behavior.
The Psychological Impact of Advertising on Happiness
Research by Andrew Oswald reveals a substantial negative psychological impact of advertising on human happiness. Advertising often fosters discontent by promoting feelings of envy and dissatisfaction with current possessions. Studies linking advertising to happiness show that exposure to advertising decreases overall happiness levels. The relentless push for consumption driven by advertising contributes to a culture of comparison and materialism that undermines genuine well-being.
Toward a World with More Positive Advertising Impact
Oswald suggests potential solutions for mitigating the negative effects of advertising on society include banning advertising for luxury items above a certain price threshold, such as $20. By curbing the promotion of unnecessary and high-end products, the focus can shift to promoting essential goods while reducing the influence of envy-inducing advertisements. Implementing regulations like banning advertising to children can help redirect advertising toward positively impactful messaging and steer society towards sustainable and beneficial consumption habits.
A world without advertising? Wishful thinking. Or is it? Omar’s interrogating how and why ads weave through our lives, and if a world without them is conceivable. Today's episode features two conversations: Ryan Lough discusses his background making ads and his new film You Need This, which interrogates consumerism and hyper-capitalism, and Andrew Oswald shares his perspective as a professor of economics and behavioral science.
A HyperObject Industries & Sony Music Entertainment production.
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