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<v Speaker 1>Oh Medal that are.

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<v Speaker 2>Hello, and welcome to the show. This is the Cult

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<v Speaker 2>of Conspiracy.

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<v Speaker 3>My name is Jacob.

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<v Speaker 2>And today we are going to be diving in on

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<v Speaker 2>Black Friday, a lot of the conspiracy surrounding it, not

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<v Speaker 2>just the historic origins of it, but consumerism as a whole,

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<v Speaker 2>where it all began with human culture. And then we're

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<v Speaker 2>going to take a side step into the history of

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<v Speaker 2>Black Friday, talk about some of the more racial connotations

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<v Speaker 2>to Black Friday, believe it or not, and then talk

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<v Speaker 2>about how these stores are basically screwing us as buyers.

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<v Speaker 2>They're marking up prices just to make it seem like

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<v Speaker 2>they're giving us a massive discounted Black Friday.

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<v Speaker 3>It's a whole thing.

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<v Speaker 2>My amazing co host Ravenle has done the majority of

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<v Speaker 2>the research on this episode, so I am just excited

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<v Speaker 2>to get in on it.

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<v Speaker 4>Heck, yeah, I'm totally excited to dive in on this.

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<v Speaker 4>So there's actually quite a bit of research about the

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<v Speaker 4>consumerism aspect of Black Friday and the history kind of

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<v Speaker 4>has If you go to TikTok, there's all sorts of

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<v Speaker 4>stuff about controversy when it comes to the term Black Friday.

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<v Speaker 4>So I wanted to kind of touch on the controversy

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<v Speaker 4>aspect self. M. Yeah, the term Black Friday is that.

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<v Speaker 3>Because of the racial epithets, Yes, of course, yep, yeah,

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<v Speaker 3>it must be.

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<v Speaker 4>So there's a lot of misinformation. I looked more into

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<v Speaker 4>the best I could find.

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<v Speaker 5>It's just to make.

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<v Speaker 4>Sure that what they were, what it's being claimed is

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<v Speaker 4>not actually tied to Black Friday.

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<v Speaker 5>So but yeah, there's a lot.

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<v Speaker 4>Of interesting We could spend like days just talking about

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<v Speaker 4>consumerism in and of itself and how they use psychology

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<v Speaker 4>against us to be able to promote this consumerism appetite

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<v Speaker 4>within America for the last fifty years or more or

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<v Speaker 4>less longer than that.

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<v Speaker 2>Yeah, So with that being said, we are actually going

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<v Speaker 2>to kickstart this off with the conversation of what.

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<v Speaker 3>Is consumerism as a whole? Where did it begin?

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<v Speaker 2>How is it something that led into our society as old?

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<v Speaker 2>Because we've talked about this a million times on this show.

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<v Speaker 2>America is a nation of consumers, right, and yes we

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<v Speaker 2>do produce certain things, this is true. But if you

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<v Speaker 2>were to take a snapshot of America as opposed to

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<v Speaker 2>a snapshot of the vast majority of other countries, I

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<v Speaker 2>think it's a pretty fair assessment to say that America

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<v Speaker 2>is a consumerist nation.

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<v Speaker 3>That being said, it's not like we pioneered that.

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<v Speaker 2>We're not the ones that came up with the by

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<v Speaker 2>any means, but we adopted it and let it just

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<v Speaker 2>breed into our society to a level that I honestly

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<v Speaker 2>don't think we'll ever be able to break from.

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<v Speaker 4>I don't think it'll ever go away, not for us.

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<v Speaker 4>And actually, and actually it's spreading and infecting other countries.

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<v Speaker 4>Black Friday is now being adopted by multiple countries throughout

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<v Speaker 4>the world globally, is shifting how everyone actually quote unquote

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<v Speaker 4>celebrates the time around Thanksgiving. It's more or less they've

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<v Speaker 4>adopted the Black Friday traditions and having this massive sale.

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<v Speaker 2>Which is crazy also because most countries don't celebrate Thanksgiving.

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<v Speaker 4>They do not, but they are doing. They're kind of

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<v Speaker 4>falling in a line because so many Americans are purchasing

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<v Speaker 4>online now that they want to capitalize on the market

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<v Speaker 4>of consumerism through US, and so now their countries are

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<v Speaker 4>actually pating just like ours is.

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<v Speaker 2>And I think that's kind of a double edged sword too.

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<v Speaker 2>On the one hand, because we're a consumer's nation, all

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<v Speaker 2>these manufacturing agencies from around the world realize, Okay, our

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<v Speaker 2>sales skyrocket from the last week of November to the

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<v Speaker 2>end of the year, specifically in America.

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<v Speaker 3>What's this all about?

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<v Speaker 2>So I think they're on the money making aspect of it,

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<v Speaker 2>they see it for what it is. But on the

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<v Speaker 2>other side of it too, American culture is a thing

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<v Speaker 2>that bleeds into other countries.

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<v Speaker 4>As well, right just like Chinese culture.

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<v Speaker 2>Chinese culture absolutely does as well. But like what's hot

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<v Speaker 2>in America right now, other countries pay attention to I

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<v Speaker 2>couldn't tell you what's hot in Australia right now, Like

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<v Speaker 2>I honestly couldn't tell you because we don't really typically

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<v Speaker 2>pay attention to it. But I bet somebody in Australia

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<v Speaker 2>could tell you what's hot in America right now.

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<v Speaker 4>That's fair that. Actually, Australia is one of the main

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<v Speaker 4>countries that have shifted towards adopting Black Friday, at least

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<v Speaker 4>from what I've read. I know we have a couple

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<v Speaker 4>Australian so maybe they could let us know next next

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<v Speaker 4>Tuesday if that's a real thing or not.

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<v Speaker 3>I do know.

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<v Speaker 2>At one point in time, Australia was like four years

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<v Speaker 2>ahead of us in fashion and that blew my mind.

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<v Speaker 2>I don't know how and why they just like jumped

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<v Speaker 2>it to the front of the line on that one.

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<v Speaker 2>But I remember I was going to a church in

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<v Speaker 2>Baton Rouge and that was one of these churches, you know,

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<v Speaker 2>one of these big mega churches. And everything that comes

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<v Speaker 2>out of Hillsong out of Australia is like the best

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<v Speaker 2>thing ever.

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<v Speaker 3>And fine, I have nothing against that.

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<v Speaker 2>But we would see these concerts of these Hillsong United

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<v Speaker 2>singers and they were dressed really like crazy to us,

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<v Speaker 2>I'm like, what are they wearing? Why is this dude

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<v Speaker 2>wearing a v NEX shirt that goes down past his stern?

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<v Speaker 3>Them, like, is what is happening right now?

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<v Speaker 2>Cut to four years later, American metrosexual males were dressing

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<v Speaker 2>like this and I was like, wait what And I

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<v Speaker 2>did more research into it, Like no, no, Australia is

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<v Speaker 2>at least back in the early two thousands was four

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<v Speaker 2>years ahead of us in fashion. So it's crazy how

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<v Speaker 2>certain cultural things other countries are ahead of us. On

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<v Speaker 2>other cultural things, they are striving to be more like us.

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<v Speaker 2>Apparently Black Friday is one of those things, which is

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<v Speaker 2>really crazy to me, but it may I will say.

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<v Speaker 4>I will say, uh, Chinese culture, like when it comes

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<v Speaker 4>to like little figurines and like the pop mart and

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<v Speaker 4>all of that, I have them too. Yeah, yeah, the

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<v Speaker 4>little boo boos, the little figurines I have. If those

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<v Speaker 4>of you that are actually watching, I am at my

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<v Speaker 4>home studio, my new en so you'll see all sorts

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<v Speaker 4>of interesting things behind me. But yeah, I know that's

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<v Speaker 4>bled and hard into America and that's become a huge

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<v Speaker 4>consumer aspect. I mean, the one lady that on YouTube

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<v Speaker 4>all she does is open stuff and she has like

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<v Speaker 4>fourteen point six million view like followers on TikTok. Yeah,

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<v Speaker 4>and my kids are like obsessed with watching unboxing unboxing.

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<v Speaker 2>That is a whole thing to the point of how

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<v Speaker 2>consumerism is such a thing in America. I don't know

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<v Speaker 2>this for a fact. I don't know if France has

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<v Speaker 2>a booming unboxed video.

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<v Speaker 5>Tracks actually from the UK.

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<v Speaker 4>Oh shut up, no, no, they they have it just

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<v Speaker 4>as much as we do. Like the UK is actually

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<v Speaker 4>adopted quite a bit from America when it comes to

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<v Speaker 4>consumerism and.

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<v Speaker 3>What do you call it?

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<v Speaker 2>Black Friday, I'd be very interested to see what her

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<v Speaker 2>analytics look like as far as which age range is

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<v Speaker 2>her like target demographic, but also what country her.

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<v Speaker 4>Listeners probably like fifteen.

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<v Speaker 3>Americans or not American. See that's my point.

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<v Speaker 2>Even if somebody in India is doing unboxing thing, their

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<v Speaker 2>parents probably think that is the dumbest shit they've ever

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<v Speaker 2>heard of in their life. But they're looking at their

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<v Speaker 2>algorithm like, look, these Americans eat this shit up.

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<v Speaker 3>It's the craziest things. I don't know.

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<v Speaker 2>Maybe maybe India also has an insane unboxing trend that's

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<v Speaker 2>going on with their algorithms and their tiktoks.

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<v Speaker 3>I don't know.

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<v Speaker 2>Yeah, the people in America love watching unboxing videos and

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<v Speaker 2>unpackaging in general.

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<v Speaker 3>It's crazy.

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<v Speaker 4>It's saying, oh.

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<v Speaker 3>It's a but anyway.

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<v Speaker 2>Anyway, So to Ravenley's point, if you would like to

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<v Speaker 2>see what we are, First of all, if you want

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<v Speaker 2>to see her gorgeous home studio, I highly recommend you

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<v Speaker 2>check it out. But also we would like to see

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<v Speaker 2>y'all the books, all the bones, all the la booboos,

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<v Speaker 2>the things. But if you would also like to see

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<v Speaker 2>the video and the articles that we are going to

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<v Speaker 2>be talking about this evening, the only place to go

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<v Speaker 2>to see the video would be to go to patreon

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<v Speaker 2>dot com slash Cult of Conspiracy Podcast. When you join

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<v Speaker 2>up for one of the tiers over there, you will

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<v Speaker 2>get completely unfettered access to all of our affiliates and

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<v Speaker 2>all of the programs that we put out to one

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<v Speaker 2>place to get our video content.

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<v Speaker 3>You will also get come almost mess that one up.

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<v Speaker 2>You will get completely emotional fluency. But also if you

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<v Speaker 2>sign up for that Third Eye All the Way Open tier,

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<v Speaker 2>you will be able to join us for our Cult

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<v Speaker 2>Member Live that we host every Tuesday night at nine

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<v Speaker 2>pm Central.

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<v Speaker 3>It's a fun time.

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<v Speaker 2>It's a conglomeration of cult members from all over the world. Actually,

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<v Speaker 2>we keep finding more people from outside the country that

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<v Speaker 2>join in on t's.

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<v Speaker 3>A lot of I love it to death.

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<v Speaker 2>So if you would like to be a part of

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<v Speaker 2>the Cult collective every Tuesday night, come in and join

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<v Speaker 2>that Third Eye All the Way Open tier. But if

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<v Speaker 2>you sign up for that five dollars tier, you will

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<v Speaker 2>get unfettered access to all the videos, completely commercial free listening.

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<v Speaker 2>You'll be able to see everything that's going on. You'll

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<v Speaker 2>get the shows a couple of days in advance. Not

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<v Speaker 2>to mention, we also are running a promo right now

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<v Speaker 2>if you sign up for one whole year of Patreon,

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<v Speaker 2>you get three months free. To throw this out there.

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<v Speaker 2>If you sign up for the ten dollars third Eye

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<v Speaker 2>all the way open tier and you sign up for

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<v Speaker 2>the entire year, it's only ninety dollars, so you're literally

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<v Speaker 2>getting three months absolutely free. Just find me a network

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<v Speaker 2>or a streaming service that's offering you that much content

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<v Speaker 2>for that little of a price.

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<v Speaker 3>Directed to you.

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<v Speaker 2>Good luck, good luck anyway, all right, without further ado,

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<v Speaker 2>I'm gonna go ahead and share the screen and we

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<v Speaker 2>are gonna get after it. We're gonna start off with

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<v Speaker 2>a VIDIA and we're gonna learn about the history of consumerism.

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<v Speaker 3>Where did it come from? How did it really come about?

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<v Speaker 2>Right, because it's such a prevalent theme in our society today.

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<v Speaker 2>But if you look back throughout the course of human history,

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<v Speaker 2>that has not been a thing right for the majority,

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<v Speaker 2>the vast majority, as a matter of fact of human existence.

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<v Speaker 2>It has been about surviving and thriving as a society.

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<v Speaker 2>But your average person did not have the means nor

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<v Speaker 2>the funds to afford.

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<v Speaker 3>Small luxury items.

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<v Speaker 2>Cut to in the last two hundred years, that's just

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<v Speaker 2>been the way of the world.

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<v Speaker 3>So when did this start and how did it start?

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<v Speaker 3>Let's learn about it together, good cult members.

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<v Speaker 6>I will say shout out to this for most do

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<v Speaker 6>I know? Oh, I said, I will say shout out

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<v Speaker 6>to the School of Life. They that's the YouTube that

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<v Speaker 6>we're watching. You should everyone should check it out. They

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<v Speaker 6>actually have a lot of really good videos.

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<v Speaker 2>Absolutely, shout out to the School of Life YouTube channel.

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<v Speaker 2>Matter of fact, I'm gonna source them a subscribe while

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<v Speaker 2>I'm at it. All right, let's check it out.

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<v Speaker 7>Most of history, the overwhelming majority of the Earth's inhabitants

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<v Speaker 7>have owned more or less nothing. The close they stood

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<v Speaker 7>up in some bowls of pot and a pan, perhaps

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<v Speaker 7>a broom, and if things were going really well, a

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<v Speaker 7>few farming implements. Nations, and peoples remained consistently poor. Global

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<v Speaker 7>GDP did not grow at all from year to year.

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<v Speaker 7>The world was in aggregate as hard up in eighteen

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<v Speaker 7>hundred as it had been at the beginning of time. However,

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<v Speaker 7>starting in the early eighteenth century in the countries of

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<v Speaker 7>northwestern Europe, a remarkable phenomenon occurred. Economies began to expand

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<v Speaker 7>and wages to rise. Families who'd never before had any

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<v Speaker 7>money beyond what they needed just to survive. Found they

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<v Speaker 7>could go shopping for small luxuries a comb or a mirror,

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<v Speaker 7>a sparse out of underwear, a pillow, some thicker boots

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<v Speaker 7>or a towel. Their expenditure created a virtuous economic cycle.

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<v Speaker 7>The more they spent, the more businesses grew, the more

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<v Speaker 7>wages rose. By the middle of the eighteenth century, observers

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<v Speaker 7>recognized that they were living through a period of epochal

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<v Speaker 7>change that historians have since described as the world's first

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<v Speaker 7>consumer revolution. It was in Britain where the changes were

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<v Speaker 7>most marked. Enormous new industries sprang up to cater for

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<v Speaker 7>the widespread demand for goods that had once been the

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<v Speaker 7>preserve of the very rich.

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<v Speaker 3>Alone.

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<v Speaker 7>In England cities, you could buy furniture from Chippendale, Heppelwhite

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<v Speaker 7>and Sherton, pottery from Wedgewood and Derby, cutlery from the

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<v Speaker 7>smitheries of Sheffield, and hats, shoes and dresses featured in

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<v Speaker 7>the best selling magazines like The Gallery of Fashion and

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<v Speaker 7>The Ladies Magazine. Styles for clothes and hair, which had

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<v Speaker 7>formerly gone unchanged for decades, now altered every year, often

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<v Speaker 7>in extremely theatrical and impractical directions. In the early seventeen seventies,

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<v Speaker 7>there was a craze for decorated wigs so tall that

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<v Speaker 7>tops could only be accessed by standing on a chair.

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<v Speaker 7>It was fun for the cartoonists, so vivid and numerous

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<v Speaker 7>with the consumer novelties that the austere doctor Johnson Riley

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<v Speaker 7>wandered where the prisoners were also soon to be hanged

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<v Speaker 7>in a new way. The Christian Church looked on and

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<v Speaker 7>did not approve. Up and down England, clergymen delivered bitter

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<v Speaker 7>sermons against the new materialism. They called it vanity, which

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<v Speaker 7>was a sin. Sons and daughters were to be kept

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<v Speaker 7>away from shops. God would not look kindly on those

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<v Speaker 7>who paid more attention to household decoration than the state

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<v Speaker 7>of their souls. But there now emerged an intellectual revolution

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<v Speaker 7>that sharply altered the understanding of the role of vanity

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<v Speaker 7>in an economy. In seventeen twenty three, a London physician

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<v Speaker 7>called Bernard Mandeville published an economic tract titled The Fable

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<v Speaker 7>of the Bees, which proposed that, contrary to centuries of

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<v Speaker 7>religious and moral thinking, what made countries rich and therefore safe, honest, generous, spirited,

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<v Speaker 7>and strong was a very minor, unelevated, and apparently undignified

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<v Speaker 7>activity shopping for pleasure. It was the consumption of what

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<v Speaker 7>Mandeville called fripperies, hats, bonnets, gloves, butter dishes, soup treenes,

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<v Speaker 7>shoehorns and hair clips that provided the engine for national

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<v Speaker 7>prosperity and allow now the government to do in practice

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<v Speaker 7>what the Church only knew how to sermonize about in theory,

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<v Speaker 7>make a genuine difference to the lives of the week

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<v Speaker 7>and the poor. The only way to generate wealth, argued Mandeville,

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<v Speaker 7>was to ensure high demand for absurd and unnecessary things.

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<v Speaker 7>Of course, no one needed embroidered handbags, silk line slippers,

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<v Speaker 7>or ice creams, but it was a blessing that they

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<v Speaker 7>could be prompted by fashion to want them for. On

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<v Speaker 7>the back of demand for such trifles, workshops could be built,

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<v Speaker 7>apprentices trained, and hospitals funded. Mandeville shocked his audience with

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<v Speaker 7>the starkness of the choice he placed before them. A

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<v Speaker 7>nation could either be very high minded, spiritually elevated, intellectually

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<v Speaker 7>refined and dirt poor, or a slave to luxury, in

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<v Speaker 7>idle consumption and very rich. Manderville's dark thesis went on

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<v Speaker 7>to convince almost all the great Anglophone economists and political

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<v Speaker 7>thinkers of the eighteenth century. There were nevertheless, some occasional

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<v Speaker 7>departures from the new economic orthodoxy.

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<v Speaker 2>So I gotta say, just on the onset here, I

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<v Speaker 2>don't inherently disagree with the theories here that Jesus I

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<v Speaker 2>can't speak the thesis itself. I'm not saying that it's

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<v Speaker 2>a one hundred percent fact, but I at least can

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<v Speaker 2>understand the platform that these gentlemen were speaking from when

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<v Speaker 2>it came to how they were looking at how society

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<v Speaker 2>was drifting and consumerism and material possessions were.

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<v Speaker 3>On the rise. I can at least appreciate the standpoint.

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<v Speaker 4>I do agree though, that without making the least country rich,

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<v Speaker 4>he's providing more jobs and having at least providing more

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<v Speaker 4>income for a lot of people that had nothing. So

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<v Speaker 4>it sucks that it was kind of in the way

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<v Speaker 4>of consumerism. But I mean, at that point, what else

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<v Speaker 4>are you going to do?

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<v Speaker 3>I mean, but that's the thing.

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<v Speaker 2>Once somebody has disposable income, more often than not, they're

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<v Speaker 2>going to spend it. It's essentially the early form of Reaganomics, right,

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<v Speaker 2>trickle down economics.

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<v Speaker 3>If you will.

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<v Speaker 2>If the wealthy have more money, they're to buy more shit,

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<v Speaker 2>which gives more companies money, which pays their employees more money.

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<v Speaker 2>And I mean that's literally the backbone of what has

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<v Speaker 2>led the American economy since the Great Depression onward. I

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<v Speaker 2>would argue since before, but realistically since like the end

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<v Speaker 2>of World War Two. So I mean, I get what

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<v Speaker 2>he's saying now as far as the whole morality clause

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<v Speaker 2>of it, again, I don't inherently agree with it, but

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<v Speaker 2>I can at least appreciate the standpoint that they're coming from.

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<v Speaker 2>They're talking about basically, for you to be a moral

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<v Speaker 2>and upright person, you shouldn't be concerned with consumerism and

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<v Speaker 2>material wealth. But that doesn't necessarily mean that everybody who

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<v Speaker 2>has material wealth is a immoral person either, But per

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<v Speaker 2>the day and age, I could at least appreciate where

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<v Speaker 2>they're coming from.

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<v Speaker 3>But anyway, let's continue.

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<v Speaker 7>One of the most spirited and impassioned voices was that

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<v Speaker 7>of Switzerland's greatest philosopher, Jeanjacques Russo. Shocked by the impact

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<v Speaker 7>of the consumer revolution on the manners an atmosphere of

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<v Speaker 7>his native Geneva, he called for a return to a simpler,

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<v Speaker 7>older way of life, of the sort he had experienced

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<v Speaker 7>in alpine villages or read about in traveler's accounts of

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<v Speaker 7>the native tribes of North America.

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<v Speaker 3>That also is kind of remnant to how many people

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<v Speaker 3>you see that are starting subsistence farms to like go

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<v Speaker 3>off grid, even though they are in the country where

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<v Speaker 3>we have everything we could ever want. More and more

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<v Speaker 3>people are working.

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<v Speaker 2>Their ass off to get as off grid as possible.

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<v Speaker 2>So I think again, some of these people were just

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<v Speaker 2>way ahead of their time, honestly.

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<v Speaker 3>But yeah, anyway, let's continue.

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<v Speaker 7>In the remote corners of Appenzell or the vast forests

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<v Speaker 7>of Missouri, there was blessedly no concern for fashion and

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<v Speaker 7>no one upmanship around hair extensions. Russeau recommended closing Geneva's

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<v Speaker 7>borders and imposing crippling taxes on luxury goods so that

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<v Speaker 7>people's energies could be redirected towards non material values. He

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<v Speaker 7>looked back with fondness to the austere martial spirit of Sparta. However,

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<v Speaker 7>even if Russo disagreed with Mandeville, he did not seek

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<v Speaker 7>to deny the basic premise behind his analysis. It truly

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<v Speaker 7>appeared to be a choice between decadent consumption and wealth

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<v Speaker 7>on the one hand, and virtuous restraint and poverty on

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<v Speaker 7>the other. It was simply that Russo unusually preferred virtue

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<v Speaker 7>to wealth. The parameters of this debate have continued to

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<v Speaker 7>dominate economic thinking ever since. We re encounter them in

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<v Speaker 7>ideological arguments between capitalists and communists, and free marketeers and environmentalists.

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<v Speaker 7>But for most of us, the debate is no longer pertinent.

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<v Speaker 7>We simply accept that we will live in consumer economies

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<v Speaker 7>with some very unfortunate side effects to them. Crass advertising,

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<v Speaker 7>foodstuffs that are unhealthy for us, products that are disconnected

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<v Speaker 7>from any reasonable assessment of our needs. All this in

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<v Speaker 7>exchange for economic growth and high employment.

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<v Speaker 4>Okay, side note though, Oh no, Mina already spend like

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<v Speaker 4>forty five minutes to an hour to take a shit,

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<v Speaker 4>which is absolutely ridiculous. You want to give them golf

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<v Speaker 4>little tank golf set up, yo. You guys, You guys

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<v Speaker 4>would just live on the twilet. You guys would die

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<v Speaker 4>on the toilet, Yeah.

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<v Speaker 3>On something just like Elvis. Ridiculous, I'll die like the King.

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<v Speaker 4>Okay, but also ridiculous thing I've ever seen. I knew

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<v Speaker 4>you were gonna stop and say something about it. As

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<v Speaker 4>soon as I saw. As soon as I thought, I

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<v Speaker 4>was like.

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<v Speaker 3>This mother, like, so all right, real quick.

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<v Speaker 2>For anybody who's just listening and not on Patreon, first

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<v Speaker 2>of all, what are you doing right?

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<v Speaker 3>You need to be on Patreon to see.

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<v Speaker 4>What we're talking about here.

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<v Speaker 2>But secondly, uh, the product that he was talking about,

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<v Speaker 2>it's basically you could see a dude on the toilet.

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<v Speaker 2>You just see him from the knees down, and there's

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<v Speaker 2>like a putting green around his feet, and he's got

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<v Speaker 2>a little miniature putter and a couple of golf balls.

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<v Speaker 2>So like, while you're while you're dropping a douche, you

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<v Speaker 2>can go ahead and try to, you know, work on

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<v Speaker 2>your stroke game with a golf club.

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<v Speaker 3>And obviously there's no zero practical reason.

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<v Speaker 5>It was ridiculous thing I've ever seen in my life.

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<v Speaker 3>I now want one so bad.

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<v Speaker 4>There you go, You've you've fallen into the trap of consumers.

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<v Speaker 3>Them they got me by the balls. They know what

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<v Speaker 3>makes me go, Yes, that's a really good idea. I'm sorry, Okay,

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<v Speaker 3>I'm a product ovid. I suppose I do.

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<v Speaker 4>When we were watching that, though I do agree with

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<v Speaker 4>both of them that the simpler way of life of

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<v Speaker 4>at least enjoying your family, your community and doing that

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<v Speaker 4>kind of stuff is definitely more beneficial for humans overall

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<v Speaker 4>than consuming things because you'll see later on with the

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<v Speaker 4>what it does to your brain and like the dopamine

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<v Speaker 4>dumps and stuff like that. But there's actually an argument

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<v Speaker 4>to be had in science behind it that, for example,

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<v Speaker 4>having a community garden actually benefits people mentally and emotionally

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<v Speaker 4>better than when they are gardening alone first off, and

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<v Speaker 4>when they're garden and when they're just not gardening at all.

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<v Speaker 5>So going back to your roots and being.

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<v Speaker 4>Able to share some type of community and gardening and

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<v Speaker 4>stuff like that outside is more beneficial than getting the

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<v Speaker 4>dopamine highs you're getting from spending money.

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<v Speaker 2>Well, that's also a double edged sword, right, talking about

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<v Speaker 2>eating unhealthy foods for instance, Right, a community garden a

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<v Speaker 2>puts real nutrition back into your body and b you

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<v Speaker 2>get more of a sense of community from it, and

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<v Speaker 2>that's excellent as opposed to the more consumeristic way of things.

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<v Speaker 2>And like, yeah, you now can go to a factory

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<v Speaker 2>and get a job, or pick up a craft and

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<v Speaker 2>get a job, and that's excellent and you'll have more income,

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<v Speaker 2>but you won't grow your own food as a result

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<v Speaker 2>of that. So now you are left basically at the

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<v Speaker 2>whim of whatever the company that's making the food puts

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<v Speaker 2>in there. And of course they're a company that's trying

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<v Speaker 2>to make more money, so they're going to cut cost

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<v Speaker 2>and put more cheaper filling materials into their food, which

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<v Speaker 2>means that your health is going to suffer as a result.

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<v Speaker 3>So on the one hand, it is either a you

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<v Speaker 3>can be.

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<v Speaker 2>Relatively poorer and work a farm and your family can

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<v Speaker 2>eat or b you'll be relatively more wealthy and your

426
00:21:53.640 --> 00:21:56.200
<v Speaker 2>family will eat whatever is available at the store.

427
00:21:57.279 --> 00:21:59.720
<v Speaker 4>It actually lowers crime too. I think that's one of

428
00:21:59.720 --> 00:22:02.799
<v Speaker 4>my I think that's one of the most interesting aspects

429
00:22:02.839 --> 00:22:06.880
<v Speaker 4>of a community garden, as it actually statistically lowers crime.

430
00:22:07.160 --> 00:22:09.480
<v Speaker 4>And they put one of the first community gardens they

431
00:22:09.480 --> 00:22:13.519
<v Speaker 4>actually did a study on was in Detroit. Really mm hmm,

432
00:22:13.880 --> 00:22:16.559
<v Speaker 4>there's there, and they have one in Chicago too. They

433
00:22:16.599 --> 00:22:19.759
<v Speaker 4>have they have some in certain areas that are inherently

434
00:22:20.000 --> 00:22:23.640
<v Speaker 4>filled with crime, and they actually didn't destroy the gardens.

435
00:22:24.039 --> 00:22:27.920
<v Speaker 4>They continuously built them up and help the community. And

436
00:22:27.960 --> 00:22:30.920
<v Speaker 4>it actually a lot of the people that had criminal

437
00:22:30.960 --> 00:22:34.079
<v Speaker 4>backgrounds ended up working in the gardens and it gave

438
00:22:34.119 --> 00:22:36.720
<v Speaker 4>them a sense of purpose and it helped them not

439
00:22:36.920 --> 00:22:39.599
<v Speaker 4>want to go back to jail or committed crime.

440
00:22:40.519 --> 00:22:43.079
<v Speaker 2>See, I thought you were going a different direction with

441
00:22:43.160 --> 00:22:46.079
<v Speaker 2>that at first. When you say the lowers crime, I'm thinking, yeah,

442
00:22:46.079 --> 00:22:47.319
<v Speaker 2>because who's going to rob.

443
00:22:47.160 --> 00:22:49.119
<v Speaker 3>A poor farmer like you?

444
00:22:49.200 --> 00:22:53.039
<v Speaker 2>No, no, as cabbages, Like what's up? Like you're gonna

445
00:22:53.039 --> 00:22:54.519
<v Speaker 2>go rob the dud with a flat screen. But you're

446
00:22:54.559 --> 00:22:58.559
<v Speaker 2>talking about actually putting community gardens into poverty and crime

447
00:22:58.599 --> 00:23:01.400
<v Speaker 2>stricken cities and they actually helps reduce crime.

448
00:23:01.440 --> 00:23:03.559
<v Speaker 3>And that's a statistic that's been proven.

449
00:23:04.200 --> 00:23:07.279
<v Speaker 4>Yes, I actually did a huge project on this. This

450
00:23:07.480 --> 00:23:12.000
<v Speaker 4>was my one of my big final projects for graduating.

451
00:23:12.039 --> 00:23:14.319
<v Speaker 4>I was I really wanted to do a community garden

452
00:23:14.319 --> 00:23:16.839
<v Speaker 4>here and I actually got approved by the HUA and

453
00:23:17.680 --> 00:23:20.599
<v Speaker 4>was moving forward to building it. There is a lot

454
00:23:20.680 --> 00:23:23.599
<v Speaker 4>of benefits to community gardens, and actually they're not that

455
00:23:23.720 --> 00:23:27.319
<v Speaker 4>difficult to really start up. You can find a community

456
00:23:27.319 --> 00:23:31.119
<v Speaker 4>applaud a land and there's a lot of amazing companies

457
00:23:31.160 --> 00:23:34.759
<v Speaker 4>in America that will actually donate product to you as

458
00:23:34.759 --> 00:23:37.119
<v Speaker 4>long as you have a business plan to show. And

459
00:23:37.160 --> 00:23:40.119
<v Speaker 4>it's amazing because people will actually inherently they don't want

460
00:23:40.160 --> 00:23:41.759
<v Speaker 4>to do the startup work because they're.

461
00:23:41.640 --> 00:23:43.519
<v Speaker 5>Kind of like, eh, this is going to get ruined,

462
00:23:43.559 --> 00:23:44.880
<v Speaker 5>the teenagers going to ruin it.

463
00:23:45.319 --> 00:23:48.640
<v Speaker 4>But then once people start actually going to it, it's

464
00:23:48.920 --> 00:23:53.279
<v Speaker 4>the science behind. It's quite fascinating how it helps bring

465
00:23:53.359 --> 00:23:56.799
<v Speaker 4>back the old ways of community, even in places where

466
00:23:56.839 --> 00:23:59.000
<v Speaker 4>you think that no one would have it any longer.

467
00:24:00.319 --> 00:24:01.039
<v Speaker 3>Fascinating.

468
00:24:01.839 --> 00:24:04.039
<v Speaker 4>Wow, super side ten agent, But.

469
00:24:04.359 --> 00:24:07.000
<v Speaker 2>Now I'm here for it. Abs fucking lutely. All right,

470
00:24:07.039 --> 00:24:08.000
<v Speaker 2>let's get back to the video.

471
00:24:08.759 --> 00:24:14.039
<v Speaker 7>We have chosen wealth over virtue. An irony laden acceptance

472
00:24:14.039 --> 00:24:16.880
<v Speaker 7>of this dichotomy is what underpins the approach of many

473
00:24:16.960 --> 00:24:21.240
<v Speaker 7>pop artists in mid twentieth century America. For example, Klaiss

474
00:24:21.240 --> 00:24:25.279
<v Speaker 7>Oldenburg developed a reputation for taking modest consumer items, many

475
00:24:25.319 --> 00:24:29.359
<v Speaker 7>of them food related, and reproducing them enormous scale, usually

476
00:24:29.400 --> 00:24:33.359
<v Speaker 7>in outdoor settings in vibrant polyester l vinyl. In city

477
00:24:33.400 --> 00:24:35.920
<v Speaker 7>squares where one might once have expected to find statues

478
00:24:35.920 --> 00:24:39.200
<v Speaker 7>in honor of political leaders or religious saints, one now

479
00:24:39.240 --> 00:24:43.960
<v Speaker 7>came across outsize Hamburger's giant cheesecakes, huge fries decked with ketchup,

480
00:24:44.480 --> 00:24:47.559
<v Speaker 7>or perhaps Oldenburg's most famous work, a twelve meter high

481
00:24:47.640 --> 00:24:52.119
<v Speaker 7>stainless steel inverted ice cream cone. Oldenburg's vast versions of

482
00:24:52.200 --> 00:24:56.440
<v Speaker 7>small things playfully directed our attention to the peculiar dependence

483
00:24:56.480 --> 00:24:59.559
<v Speaker 7>of modern economies on the mass consumption of what are,

484
00:25:00.000 --> 00:25:04.400
<v Speaker 7>in human terms, some deeply negligible products. Yet the scale

485
00:25:04.400 --> 00:25:08.799
<v Speaker 7>of Oldenburg's objects was only superficially absurd because it rather

486
00:25:08.839 --> 00:25:14.480
<v Speaker 7>precisely reflected that actual importance in our collective economic destinies. Nevertheless,

487
00:25:14.640 --> 00:25:18.039
<v Speaker 7>as Oldenburg seemed to concede, it was peculiar to be

488
00:25:18.079 --> 00:25:20.880
<v Speaker 7>living in a civilization founded on the back of buns

489
00:25:20.920 --> 00:25:24.759
<v Speaker 7>and sweetened tomato paste, a bathos hinted at by the deflated,

490
00:25:25.039 --> 00:25:28.720
<v Speaker 7>detO mescent appearance of many of the giant burghers, hot dogs,

491
00:25:28.720 --> 00:25:32.559
<v Speaker 7>and pizzas. The one question that's rarely been asked is

492
00:25:32.559 --> 00:25:35.759
<v Speaker 7>whether there might be a way to attenuate a dispiriting choice,

493
00:25:36.000 --> 00:25:38.640
<v Speaker 7>to draw on the best aspects of consumerism on the

494
00:25:38.640 --> 00:25:42.279
<v Speaker 7>one hand and high mindedness on the other, without suffering

495
00:25:42.440 --> 00:25:47.079
<v Speaker 7>there were sides, moral decadence and profound poverty. Might it

496
00:25:47.079 --> 00:25:49.759
<v Speaker 7>be possible for a society to develop that allows for

497
00:25:49.839 --> 00:25:53.839
<v Speaker 7>consumer spending and therefore provides employment and welfare? Yet of

498
00:25:53.839 --> 00:25:57.200
<v Speaker 7>a kind directed at something other than vanities and superfluities.

499
00:25:57.920 --> 00:26:01.480
<v Speaker 7>Might we shot for something other than not? In other words,

500
00:26:01.640 --> 00:26:05.160
<v Speaker 7>might we have wealth and a degree of virtue. It

501
00:26:05.279 --> 00:26:08.400
<v Speaker 7>is this possibility of which we find some intriguing hints

502
00:26:08.440 --> 00:26:11.839
<v Speaker 7>in the work of Adam Smith, an eighteenth century economist,

503
00:26:12.119 --> 00:26:15.359
<v Speaker 7>too often read as a blunt apologist for all aspects

504
00:26:15.400 --> 00:26:18.519
<v Speaker 7>of consumerism, but in fact one of its more subtle

505
00:26:18.599 --> 00:26:21.920
<v Speaker 7>and visionary analysts. In his book The Wealth of Nations,

506
00:26:21.920 --> 00:26:25.319
<v Speaker 7>published in seventeen seventy six, Adam Smith seems at points

507
00:26:25.359 --> 00:26:29.559
<v Speaker 7>willing to concede to key aspects of Manderville's argument consumer

508
00:26:29.640 --> 00:26:33.400
<v Speaker 7>societies do help the poor by providing employment based around

509
00:26:33.400 --> 00:26:38.359
<v Speaker 7>satisfying what are often rather suboptimal purchases. Smith was as

510
00:26:38.400 --> 00:26:41.680
<v Speaker 7>ready as other economists to mock the triviality of some

511
00:26:41.759 --> 00:26:47.480
<v Speaker 7>consumer choices while admiring their consequences. All those embroidered lace handkerchiefs,

512
00:26:47.759 --> 00:26:51.039
<v Speaker 7>duel snuff boxes, and miniature temples made of cream for dessert.

513
00:26:51.559 --> 00:26:55.960
<v Speaker 7>They were flippant, he conceded, but they encouraged trade, created employment,

514
00:26:56.039 --> 00:26:59.599
<v Speaker 7>and generated immense wealth, and could therefore be firmly defended

515
00:26:59.640 --> 00:27:03.799
<v Speaker 7>on this score alone. However, Smith held out some fascinating

516
00:27:03.799 --> 00:27:07.079
<v Speaker 7>hopes for the future. He pointed out that consumption didn't

517
00:27:07.119 --> 00:27:11.480
<v Speaker 7>invariably have to involve the trading of frivolous things. He

518
00:27:11.519 --> 00:27:14.359
<v Speaker 7>had seen the expansion of the Edinburgh book trade and

519
00:27:14.440 --> 00:27:17.839
<v Speaker 7>knew how large a market higher education might become. He

520
00:27:17.920 --> 00:27:21.160
<v Speaker 7>understood how much wealth was being accumulated through the construction

521
00:27:21.240 --> 00:27:25.359
<v Speaker 7>of Edinburgh's extremely handsome and noble new Town. He understood

522
00:27:25.359 --> 00:27:28.319
<v Speaker 7>that humans have many higher needs that require a lot

523
00:27:28.319 --> 00:27:31.519
<v Speaker 7>of labor in intelligence and work to fulfill, but that

524
00:27:31.559 --> 00:27:35.759
<v Speaker 7>lie outside of capitalist enterprise as conceived of by realists

525
00:27:35.799 --> 00:27:39.559
<v Speaker 7>like Bernard Mandeville. Among these on need for education, for

526
00:27:39.599 --> 00:27:43.799
<v Speaker 7>self understanding, for beautiful cities, and for rewarding social lives.

527
00:27:44.599 --> 00:27:45.960
<v Speaker 2>You know, I think there's something to be said for

528
00:27:46.000 --> 00:27:49.000
<v Speaker 2>that as well. To the point of mister Smith here,

529
00:27:49.920 --> 00:27:53.519
<v Speaker 2>think of even Gutenberg with his printing press. That was

530
00:27:53.599 --> 00:27:58.119
<v Speaker 2>an innovation that was spurred on by consumerism in a sense,

531
00:27:58.480 --> 00:28:01.039
<v Speaker 2>but it was also spurred on by the need of

532
00:28:01.119 --> 00:28:04.319
<v Speaker 2>the people to get more literature in their hands. So

533
00:28:04.400 --> 00:28:08.359
<v Speaker 2>there is a positivity towards at least a fraction of

534
00:28:08.400 --> 00:28:13.519
<v Speaker 2>the consumerism conversation. But there are also so many downsides,

535
00:28:13.519 --> 00:28:15.039
<v Speaker 2>and there are so many people that are willing to

536
00:28:15.119 --> 00:28:18.759
<v Speaker 2>go to the worst possible aspects of it and just

537
00:28:18.839 --> 00:28:21.440
<v Speaker 2>kind of wallow there. So I can understand that too.

538
00:28:22.359 --> 00:28:23.400
<v Speaker 4>I agree with him too.

539
00:28:24.000 --> 00:28:27.000
<v Speaker 2>Yeah, there's got to be a happy balance, otherwise you

540
00:28:27.119 --> 00:28:33.440
<v Speaker 2>become well like your stereotypical American in today's day in age,

541
00:28:33.440 --> 00:28:33.920
<v Speaker 2>I suppose.

542
00:28:34.240 --> 00:28:36.799
<v Speaker 3>But yeah, anyway, let's continue.

543
00:28:37.279 --> 00:28:40.480
<v Speaker 7>The ultimate goal of capitalism, in Adam Smith's view, was

544
00:28:40.519 --> 00:28:45.200
<v Speaker 7>to tackle happiness in all its complexities, psychological and not

545
00:28:45.240 --> 00:28:49.440
<v Speaker 7>just merely material. The capitalism of our times still hasn't

546
00:28:49.599 --> 00:28:53.440
<v Speaker 7>entirely come round to resolving the awkward choices that Bernard

547
00:28:53.480 --> 00:28:57.000
<v Speaker 7>Mandeville and Joshaques Russau circled. But the crucial hope for

548
00:28:57.039 --> 00:28:59.240
<v Speaker 7>the future is that we may not forever need to

549
00:28:59.279 --> 00:29:04.000
<v Speaker 7>be making money of rather exploitative, silly or vain consumer appetites.

550
00:29:04.359 --> 00:29:07.720
<v Speaker 7>That we may also learn to generate enormous profits from

551
00:29:07.880 --> 00:29:12.160
<v Speaker 7>helping people as consumers and producers in the truly important

552
00:29:12.160 --> 00:29:15.880
<v Speaker 7>and ambitious aspects of their lives. The reform of capitalism

553
00:29:16.160 --> 00:29:19.519
<v Speaker 7>hinges on an odd sounding but critical task, a new

554
00:29:19.640 --> 00:29:23.640
<v Speaker 7>kind of consumerism, the conception of an economy focused around

555
00:29:23.680 --> 00:29:28.160
<v Speaker 7>buying and selling services and goods focused on our higher needs.

556
00:29:31.240 --> 00:29:35.960
<v Speaker 4>Absolutely, we will circle back to that in a little bit.

557
00:29:36.079 --> 00:29:40.359
<v Speaker 4>But there is a new wave of thinking actually coming

558
00:29:40.400 --> 00:29:43.240
<v Speaker 4>into twenty twenty five verse how it has been in

559
00:29:43.279 --> 00:29:49.000
<v Speaker 4>the last decade for consumerism. Okay, okay, where it plays

560
00:29:49.039 --> 00:29:52.759
<v Speaker 4>in with Black Friday. There is a lot of different

561
00:29:52.880 --> 00:29:54.319
<v Speaker 4>aspects that are happening with that.

562
00:29:55.279 --> 00:30:01.279
<v Speaker 2>Okay, So now let's dive into fastercapital, dot com consumerism,

563
00:30:01.960 --> 00:30:06.039
<v Speaker 2>basically consumerism in the US, a closer look at the phenomenons.

564
00:30:06.079 --> 00:30:09.119
<v Speaker 2>We are going to start off right here in section one,

565
00:30:09.680 --> 00:30:13.759
<v Speaker 2>Understanding Consumerism in the US ravenly do you want to

566
00:30:13.799 --> 00:30:14.279
<v Speaker 2>read this one?

567
00:30:15.079 --> 00:30:18.160
<v Speaker 4>Yeah? I actually have in my phone because I'm blind, people,

568
00:30:18.279 --> 00:30:22.799
<v Speaker 4>so I need it to where I can actually see it.

569
00:30:22.799 --> 00:30:26.119
<v Speaker 4>It says, Understanding consumerism in the US. Consumerism is a

570
00:30:26.200 --> 00:30:28.759
<v Speaker 4>term that has become deeply in green in the fabric

571
00:30:28.839 --> 00:30:32.319
<v Speaker 4>of American society. It refers to the culture of excessive

572
00:30:32.359 --> 00:30:36.359
<v Speaker 4>consumption and the constant desire for material possessions. In the

573
00:30:36.440 --> 00:30:39.680
<v Speaker 4>United States, consumerism is not just a way of life,

574
00:30:39.759 --> 00:30:42.920
<v Speaker 4>but it is also an economic and social phenomenon that

575
00:30:43.000 --> 00:30:47.000
<v Speaker 4>has shaped the country's identity. To truly understand consumerism in

576
00:30:47.039 --> 00:30:52.119
<v Speaker 4>the US, we must do dive into origins, explore impact

577
00:30:52.200 --> 00:30:56.319
<v Speaker 4>on individuals in society, and examine the various perspectives surrounding

578
00:30:56.359 --> 00:30:59.400
<v Speaker 4>the complex issue. So this is actually kind of a

579
00:30:59.400 --> 00:31:02.160
<v Speaker 4>little bit late fee of different stuff, but it is

580
00:31:02.200 --> 00:31:04.720
<v Speaker 4>actually all really important. So the number one thing is

581
00:31:04.880 --> 00:31:09.759
<v Speaker 4>historical contexts consumerism in the US can we trace back

582
00:31:09.759 --> 00:31:12.599
<v Speaker 4>to the post World War two era, when the country

583
00:31:12.720 --> 00:31:16.599
<v Speaker 4>experienced a period of rapid economic growth and prosperity. This

584
00:31:16.720 --> 00:31:20.799
<v Speaker 4>gave rise to the middle class with this sorry dispose

585
00:31:21.920 --> 00:31:24.920
<v Speaker 4>sorry by that I lost my place, disposable income, and

586
00:31:25.000 --> 00:31:28.839
<v Speaker 4>an inclination to spend. The introduction of new technologies and

587
00:31:28.880 --> 00:31:31.960
<v Speaker 4>innovations such as the television and advertising also played a

588
00:31:31.960 --> 00:31:36.599
<v Speaker 4>significant role in fueling consumerism. The desire for material possessions

589
00:31:36.640 --> 00:31:40.640
<v Speaker 4>became deeply ingreened in the American psyche, and the mindset

590
00:31:40.759 --> 00:31:44.920
<v Speaker 4>has sorry making persisted to this day.

591
00:31:45.279 --> 00:31:46.480
<v Speaker 3>And that's the thing that we said.

592
00:31:46.519 --> 00:31:50.160
<v Speaker 2>The post World War two era in America, basically all

593
00:31:50.240 --> 00:31:52.759
<v Speaker 2>the big manufacturing facilities around the world just got the

594
00:31:52.799 --> 00:31:55.279
<v Speaker 2>ship bombed out of them for the past few years.

595
00:31:55.599 --> 00:31:58.279
<v Speaker 2>So post World War two, America was one of the

596
00:31:58.279 --> 00:32:00.920
<v Speaker 2>only real dominant players in the world that had a

597
00:32:01.079 --> 00:32:05.880
<v Speaker 2>strong manufacturing backbone that was all ready to go, that

598
00:32:06.000 --> 00:32:08.599
<v Speaker 2>wasn't damaged, and the workforce just got home and they

599
00:32:08.599 --> 00:32:11.799
<v Speaker 2>were looking to get back to work. So we were

600
00:32:11.920 --> 00:32:14.759
<v Speaker 2>kind of like the one stop shop for so many things.

601
00:32:14.759 --> 00:32:17.240
<v Speaker 2>That's why the fifties were seen as like the ultimate

602
00:32:17.319 --> 00:32:20.480
<v Speaker 2>era of prosperity in America. But then when you cut

603
00:32:20.559 --> 00:32:24.319
<v Speaker 2>into the propagandization of everything with your boy Bernese, we

604
00:32:24.440 --> 00:32:26.599
<v Speaker 2>did an episode on him, I feel like two months ago.

605
00:32:26.640 --> 00:32:31.880
<v Speaker 2>Probably it all tied together to make American consumerism what

606
00:32:31.920 --> 00:32:33.000
<v Speaker 2>it is today, for sure.

607
00:32:33.799 --> 00:32:36.960
<v Speaker 4>Yeah, there's a whole article actually tied to Black Friday.

608
00:32:37.039 --> 00:32:41.640
<v Speaker 4>How the title read the nineteen fifties destroyed America as

609
00:32:41.680 --> 00:32:42.160
<v Speaker 4>we know it.

610
00:32:42.720 --> 00:32:44.119
<v Speaker 3>I agree, yep.

611
00:32:44.279 --> 00:32:47.640
<v Speaker 4>And it talked all about consumerism and how your old

612
00:32:47.640 --> 00:32:50.079
<v Speaker 4>boy did all sorts of stuff, and about how they

613
00:32:50.440 --> 00:32:53.480
<v Speaker 4>pushed propaganda and how they pushed the narrative of consumerism.

614
00:32:53.519 --> 00:32:56.960
<v Speaker 4>That's actually when they changed how they manufactured a lot

615
00:32:57.000 --> 00:33:00.400
<v Speaker 4>of a lot of products. They started to shift out

616
00:33:00.440 --> 00:33:02.759
<v Speaker 4>of making it to where it would last a long

617
00:33:02.799 --> 00:33:04.559
<v Speaker 4>time to making it to where it broke.

618
00:33:04.920 --> 00:33:09.680
<v Speaker 2>So that way bought that too. Was it an engineered obsolescence?

619
00:33:09.920 --> 00:33:10.079
<v Speaker 3>Right?

620
00:33:10.119 --> 00:33:13.359
<v Speaker 2>The Phoebus Cartel with their light bulbs that were guaranteed

621
00:33:13.400 --> 00:33:15.440
<v Speaker 2>to burn out after like a thousand hours of use,

622
00:33:15.519 --> 00:33:17.960
<v Speaker 2>regardless if they could make something last longer, but they're

623
00:33:17.960 --> 00:33:19.640
<v Speaker 2>not going to make money that way, you know.

624
00:33:20.480 --> 00:33:23.440
<v Speaker 4>Yeah, there's a video that I was looking for that

625
00:33:23.839 --> 00:33:27.039
<v Speaker 4>I actually took a class on this, and it was

626
00:33:27.200 --> 00:33:28.200
<v Speaker 4>an awesome video.

627
00:33:28.319 --> 00:33:30.160
<v Speaker 5>It broke it down really simply.

628
00:33:30.200 --> 00:33:31.759
<v Speaker 4>It was kind of cartooning, but it broke it down

629
00:33:31.799 --> 00:33:35.480
<v Speaker 4>really simply, and it showed you the different products that

630
00:33:35.799 --> 00:33:40.799
<v Speaker 4>lasted for you know, seventy years prior to the nineteen fifties,

631
00:33:40.880 --> 00:33:44.599
<v Speaker 4>and then what they did to change even just a small.

632
00:33:44.319 --> 00:33:45.799
<v Speaker 5>Component inside of it.

633
00:33:46.119 --> 00:33:48.559
<v Speaker 4>But you couldn't replace that component because there was no

634
00:33:48.680 --> 00:33:52.160
<v Speaker 4>way no one was manufacturing that component any longer.

635
00:33:52.440 --> 00:33:54.480
<v Speaker 5>So you had to buy an entire new thing.

636
00:33:55.079 --> 00:33:58.599
<v Speaker 4>And then the information about how to replace a lot

637
00:33:58.599 --> 00:34:01.759
<v Speaker 4>of the little components was just obsolete and gone, and

638
00:34:01.799 --> 00:34:04.079
<v Speaker 4>so people were just like, well, now what do I do?

639
00:34:04.119 --> 00:34:06.039
<v Speaker 4>I had to buy a new one, and then they

640
00:34:06.079 --> 00:34:08.199
<v Speaker 4>have to work harder to be able to buy more.

641
00:34:08.559 --> 00:34:10.320
<v Speaker 5>And then it's this whole cycle.

642
00:34:10.000 --> 00:34:13.519
<v Speaker 4>That they created to make sure that people continuously bought

643
00:34:13.679 --> 00:34:18.079
<v Speaker 4>product that will break like even even our generation. I know,

644
00:34:18.159 --> 00:34:20.679
<v Speaker 4>I've said it a million times. Man, this used to

645
00:34:20.679 --> 00:34:23.280
<v Speaker 4>be awesome. Why do I need to replace this? Like

646
00:34:23.400 --> 00:34:25.840
<v Speaker 4>my Apple laptop that's sitting in front of me, I've

647
00:34:25.880 --> 00:34:28.920
<v Speaker 4>had it seven years, but I can no longer upgrade

648
00:34:28.960 --> 00:34:32.360
<v Speaker 4>it anymore, and so now I need a new laptop

649
00:34:32.599 --> 00:34:34.920
<v Speaker 4>if I want to use all these different systems, because

650
00:34:35.119 --> 00:34:37.519
<v Speaker 4>they purposely made it to where I have to buy

651
00:34:37.639 --> 00:34:41.920
<v Speaker 4>a brand new laptop every couple of years. And it's

652
00:34:41.960 --> 00:34:45.519
<v Speaker 4>it's it's very intelligent, and it's very decidiate.

653
00:34:46.599 --> 00:34:51.199
<v Speaker 2>It's just yeah, no, it's I understand why the companies

654
00:34:51.199 --> 00:34:54.039
<v Speaker 2>are doing it, but it also screws the consumer. But

655
00:34:54.199 --> 00:34:57.880
<v Speaker 2>it's another double edged sword. So like, for instance, your

656
00:34:58.079 --> 00:35:01.719
<v Speaker 2>average everyday handyman repair man, that used to be a

657
00:35:01.760 --> 00:35:04.079
<v Speaker 2>really good craft to get into. You could fix a

658
00:35:04.199 --> 00:35:06.159
<v Speaker 2>wash machine, you could fix a dryer, you could fix

659
00:35:06.159 --> 00:35:08.840
<v Speaker 2>a stove, you could you know, fuck with the electronics

660
00:35:09.199 --> 00:35:10.280
<v Speaker 2>in a television set.

661
00:35:10.440 --> 00:35:13.559
<v Speaker 3>You were the guy. If you were the repairman.

662
00:35:14.360 --> 00:35:17.079
<v Speaker 2>That is something that has gone by the wayside because

663
00:35:17.519 --> 00:35:19.679
<v Speaker 2>now even if you call the repairman to come to

664
00:35:19.719 --> 00:35:21.599
<v Speaker 2>your house, first of all, you're paying the up charge

665
00:35:21.599 --> 00:35:23.920
<v Speaker 2>for them just to show up. Secondly, they're gonna look

666
00:35:23.960 --> 00:35:25.880
<v Speaker 2>at it and say, yeah, there's this one little component.

667
00:35:26.360 --> 00:35:28.440
<v Speaker 2>I could change it, but I'm gonna have a hard

668
00:35:28.440 --> 00:35:30.639
<v Speaker 2>time even finding that. It'll be a whole lot easier

669
00:35:30.719 --> 00:35:32.719
<v Speaker 2>for you to just replace the whole thing. So now

670
00:35:32.760 --> 00:35:34.880
<v Speaker 2>what would have been a forty dollars repair plus the

671
00:35:34.960 --> 00:35:37.480
<v Speaker 2>surcharge of him coming out, is now you having to

672
00:35:37.519 --> 00:35:41.400
<v Speaker 2>replace the entire dryer. And it's I remember working with

673
00:35:41.440 --> 00:35:44.639
<v Speaker 2>my dad. He used to own laundromats around LSU, right,

674
00:35:44.679 --> 00:35:47.119
<v Speaker 2>and so he got a very decent understanding of how

675
00:35:47.280 --> 00:35:50.320
<v Speaker 2>washing machines and dryers worked, and he can repair a

676
00:35:50.360 --> 00:35:51.440
<v Speaker 2>lot of them up.

677
00:35:51.480 --> 00:35:53.280
<v Speaker 3>Until about the late nineties.

678
00:35:53.599 --> 00:35:56.400
<v Speaker 2>After that, when everything got smart and everything got overly

679
00:35:56.440 --> 00:35:59.079
<v Speaker 2>computerized to the level to where you have to be

680
00:35:59.119 --> 00:36:01.960
<v Speaker 2>some sort of a certified service tech to do anything.

681
00:36:02.000 --> 00:36:05.280
<v Speaker 2>It's like, no, no, we're just gonna have to buy

682
00:36:05.280 --> 00:36:07.320
<v Speaker 2>a whole new one. It's a pain in the ass.

683
00:36:07.360 --> 00:36:08.840
<v Speaker 2>And you could take that to your refrigerator, you can

684
00:36:08.880 --> 00:36:10.480
<v Speaker 2>take that to your TV. Hell, you could take that

685
00:36:10.519 --> 00:36:11.039
<v Speaker 2>to your car.

686
00:36:12.079 --> 00:36:15.880
<v Speaker 4>M there's a lot of vehicles that they've purposely changed

687
00:36:15.920 --> 00:36:19.119
<v Speaker 4>to where you can't actually replace stuff and do it yourself,

688
00:36:19.159 --> 00:36:22.679
<v Speaker 4>and you have to go in because it's computerized, and

689
00:36:22.719 --> 00:36:25.480
<v Speaker 4>if you mess up one sensor, it throws off all

690
00:36:25.559 --> 00:36:26.400
<v Speaker 4>the sensors.

691
00:36:26.639 --> 00:36:26.880
<v Speaker 3>Yep.

692
00:36:27.000 --> 00:36:31.320
<v Speaker 4>And I think my favorite example is refrigerator, because there's

693
00:36:31.360 --> 00:36:34.239
<v Speaker 4>a fridge that was made that can hold so much

694
00:36:34.320 --> 00:36:38.039
<v Speaker 4>it's like it's deemed like the best refrigerator in history,

695
00:36:38.599 --> 00:36:41.639
<v Speaker 4>and you can actually buy one. Still to this day,

696
00:36:41.719 --> 00:36:44.360
<v Speaker 4>it's hard to get them. They're like seven thousand plus

697
00:36:44.400 --> 00:36:47.480
<v Speaker 4>dollars because there's only so many left at this point.

698
00:36:47.960 --> 00:36:51.119
<v Speaker 4>But they hold, they like never break, and they hold

699
00:36:51.159 --> 00:36:55.400
<v Speaker 4>a massive amount versus the new refrigerators, where they last

700
00:36:55.760 --> 00:36:59.639
<v Speaker 4>what maybe five seven years if you're lucky, something will

701
00:36:59.679 --> 00:37:02.760
<v Speaker 4>go wrong in it, some kind of component, and most

702
00:37:02.760 --> 00:37:06.719
<v Speaker 4>of them don't hold as much food as those refrigerators did,

703
00:37:07.039 --> 00:37:09.599
<v Speaker 4>and so it's just it's little things. But those little

704
00:37:09.599 --> 00:37:12.000
<v Speaker 4>things have added up over time to where now you're

705
00:37:12.039 --> 00:37:15.239
<v Speaker 4>consistently having to replace everything in your house all the time.

706
00:37:15.480 --> 00:37:17.440
<v Speaker 2>Why do I feel like that for refrigerator, that's like

707
00:37:17.480 --> 00:37:19.840
<v Speaker 2>the everlasting fridge. Why do I feel like that was

708
00:37:19.840 --> 00:37:20.960
<v Speaker 2>built in the seventies.

709
00:37:21.800 --> 00:37:24.000
<v Speaker 4>It wasn't. It was built in the fifties, in them

710
00:37:24.519 --> 00:37:29.000
<v Speaker 4>before before it started to change and shift. It is

711
00:37:29.000 --> 00:37:31.159
<v Speaker 4>a really cool I want one, so about it's a

712
00:37:31.199 --> 00:37:33.960
<v Speaker 4>really cool refrigerator. I actually, that's why I know how

713
00:37:34.000 --> 00:37:37.639
<v Speaker 4>much it costs, because I've found them, and I may

714
00:37:37.719 --> 00:37:39.679
<v Speaker 4>or may not be like, you know, watching it and

715
00:37:39.760 --> 00:37:40.440
<v Speaker 4>wanting to get.

716
00:37:40.280 --> 00:37:43.039
<v Speaker 3>One one day, but absolutely wow.

717
00:37:44.000 --> 00:37:48.400
<v Speaker 4>So Number two materialism and identity. Consumerism in the US

718
00:37:48.480 --> 00:37:51.480
<v Speaker 4>is closely tied to the concept of materialism, which is

719
00:37:51.519 --> 00:37:55.280
<v Speaker 4>a belief that material possessions are essential for happiness and

720
00:37:55.320 --> 00:38:00.760
<v Speaker 4>self worth. Many many individuals in American society measure their

721
00:38:00.760 --> 00:38:03.639
<v Speaker 4>success in social status based on the things that they own.

722
00:38:04.159 --> 00:38:09.119
<v Speaker 4>This emphasizes on the material wealth has that doesn't see,

723
00:38:09.400 --> 00:38:11.599
<v Speaker 4>I might mess that up. Has led to a cultural

724
00:38:11.960 --> 00:38:17.079
<v Speaker 4>constant consumption where individuals are always seeking the latest gadgets,

725
00:38:17.119 --> 00:38:21.079
<v Speaker 4>fashion trends, luxury goods to validate their identity and social standings.

726
00:38:21.559 --> 00:38:24.599
<v Speaker 4>Oh wow, that's been around though, for I mean, that's

727
00:38:24.719 --> 00:38:26.199
<v Speaker 4>even the Romans did that though.

728
00:38:26.480 --> 00:38:28.599
<v Speaker 3>Keeping up with the Jones is nothing new. That's for

729
00:38:28.679 --> 00:38:29.199
<v Speaker 3>damn sure.

730
00:38:29.519 --> 00:38:30.719
<v Speaker 5>That's been around forever.

731
00:38:31.119 --> 00:38:31.880
<v Speaker 3>Like yeah.

732
00:38:32.639 --> 00:38:37.760
<v Speaker 4>Number three economic implications. The US economy relies heavily on

733
00:38:37.840 --> 00:38:41.000
<v Speaker 4>consumer spending, and the consumerism plays a crucial role in

734
00:38:41.119 --> 00:38:45.320
<v Speaker 4>driving economic growth. The concetant demand for goods and services

735
00:38:45.360 --> 00:38:49.760
<v Speaker 4>stimulates production and creates jobs. However, this reliance on consumer

736
00:38:49.800 --> 00:38:54.199
<v Speaker 4>spinning also leaves the economy vulnerable for fluctuations in consumer

737
00:38:54.320 --> 00:38:57.760
<v Speaker 4>confidence and spinning habits. The two thousand and eight financial

738
00:38:57.760 --> 00:39:00.840
<v Speaker 4>crisis serves as a stark reminder of the risks associated

739
00:39:01.159 --> 00:39:03.679
<v Speaker 4>with an overly consumer driven economy.

740
00:39:04.599 --> 00:39:06.039
<v Speaker 3>That's a very fair point.

741
00:39:06.880 --> 00:39:09.880
<v Speaker 4>Yeah, absolutely, I don't even remember what happened in two

742
00:39:09.880 --> 00:39:11.519
<v Speaker 4>thousand and eight, to be honest with him.

743
00:39:12.360 --> 00:39:16.199
<v Speaker 2>Let's see, that was the end of Bush's term. He

744
00:39:16.800 --> 00:39:18.719
<v Speaker 2>was that wasn't a housing bubble.

745
00:39:19.880 --> 00:39:20.639
<v Speaker 3>Maybe it was.

746
00:39:21.000 --> 00:39:23.360
<v Speaker 5>Maybe I'm not even sure actually, but either way.

747
00:39:23.239 --> 00:39:24.079
<v Speaker 3>It goes That's true.

748
00:39:24.199 --> 00:39:29.599
<v Speaker 2>A consumerist nation is completely reliant on the fluctuations of

749
00:39:30.000 --> 00:39:32.159
<v Speaker 2>the world economy. At that point, if the price of

750
00:39:32.239 --> 00:39:35.239
<v Speaker 2>oil goes up, everything in your supermarket just went up.

751
00:39:35.760 --> 00:39:38.639
<v Speaker 2>The farmer who's growing his own shit, Yeah, the price

752
00:39:38.679 --> 00:39:40.840
<v Speaker 2>of oil going up might mean that it costs more

753
00:39:40.880 --> 00:39:44.119
<v Speaker 2>to fill his tractor, but his family's gonna eat regardless, right.

754
00:39:44.199 --> 00:39:46.599
<v Speaker 2>The bee farmer is gonna get the grain that he needs,

755
00:39:46.639 --> 00:39:48.000
<v Speaker 2>to do what he has to do, and he's gonna

756
00:39:48.039 --> 00:39:51.000
<v Speaker 2>everything's gonna be fine. It might cost a little bit more,

757
00:39:51.039 --> 00:39:53.079
<v Speaker 2>but it's not gonna hit him as much as it

758
00:39:53.159 --> 00:39:56.159
<v Speaker 2>hits the person who's a complete consumer start to finish.

759
00:39:56.239 --> 00:39:57.159
<v Speaker 3>So I mean, I get it.

760
00:39:59.519 --> 00:40:00.559
<v Speaker 5>Yes, I agree with you.

761
00:40:00.599 --> 00:40:04.360
<v Speaker 4>There's actually a when I was talking about how people

762
00:40:04.400 --> 00:40:09.119
<v Speaker 4>are shifting in their spending habits now versus before, there

763
00:40:09.239 --> 00:40:12.039
<v Speaker 4>is a whole thing about I read this. I didn't

764
00:40:12.039 --> 00:40:14.360
<v Speaker 4>even mean to, but I read this giant article. It

765
00:40:14.400 --> 00:40:17.039
<v Speaker 4>was like twenty five pages long, but it was actually

766
00:40:17.079 --> 00:40:21.079
<v Speaker 4>made for companies and how they can use target marketing

767
00:40:21.360 --> 00:40:25.280
<v Speaker 4>and different marketing strategies to try and bridge the gap

768
00:40:25.320 --> 00:40:30.480
<v Speaker 4>pretty much, because we're shifting into more sustainable wants and

769
00:40:31.000 --> 00:40:36.400
<v Speaker 4>desires instead of a more personalization. Instead of just want,

770
00:40:36.440 --> 00:40:39.000
<v Speaker 4>won't want I want like bulk of everything. No, I

771
00:40:39.039 --> 00:40:40.800
<v Speaker 4>want it to be more personalized. I want it to

772
00:40:40.800 --> 00:40:43.559
<v Speaker 4>be sustainable, I want it to be environmental friendly. And

773
00:40:43.599 --> 00:40:46.920
<v Speaker 4>so now companies are having to shift their marketing strategies

774
00:40:46.960 --> 00:40:50.920
<v Speaker 4>to try and compensate for the quote unquote loss because

775
00:40:51.239 --> 00:40:55.360
<v Speaker 4>they're not as personalized to the consumers at this point.

776
00:40:55.519 --> 00:40:57.719
<v Speaker 2>But the downside of that is that usually the consumer

777
00:40:57.760 --> 00:40:59.880
<v Speaker 2>is the one that's eating the costs of all the

778
00:41:00.000 --> 00:41:03.039
<v Speaker 2>those changes in innovations. Right, if a company goes a

779
00:41:03.039 --> 00:41:06.119
<v Speaker 2>little more green, the price of their goods even if

780
00:41:06.159 --> 00:41:08.440
<v Speaker 2>it's not needed, just seems to go up a little

781
00:41:08.480 --> 00:41:10.920
<v Speaker 2>bit each time there's a new iteration of things.

782
00:41:11.159 --> 00:41:13.519
<v Speaker 3>Same thing could be said for the geopolitical side of shit.

783
00:41:13.559 --> 00:41:17.079
<v Speaker 2>When a tariff gets put down, right, the company should

784
00:41:17.119 --> 00:41:19.199
<v Speaker 2>eat that cost, but they're not gonna.

785
00:41:19.239 --> 00:41:21.239
<v Speaker 3>They're gonna put it on the people buying their shit.

786
00:41:22.000 --> 00:41:24.400
<v Speaker 2>So when it really comes down to it, it comes

787
00:41:24.440 --> 00:41:27.320
<v Speaker 2>down to the consumer, and they're they're just taking money

788
00:41:27.360 --> 00:41:28.480
<v Speaker 2>every which way they can.

789
00:41:29.079 --> 00:41:30.000
<v Speaker 3>That's the name of the game.

790
00:41:30.480 --> 00:41:34.920
<v Speaker 4>M hm. So number four is environmental impact. Consumerism in

791
00:41:35.000 --> 00:41:39.320
<v Speaker 4>the US has significant environmental consequences. The constant production and

792
00:41:39.400 --> 00:41:44.320
<v Speaker 4>disposable of goods contributes to resource depletion, pollution, and waste accumulation.

793
00:41:45.159 --> 00:41:49.199
<v Speaker 4>From the extraction of raw materials to the manufacturing process

794
00:41:50.000 --> 00:41:54.920
<v Speaker 4>and the eventual disposal product products, each stage of consumer

795
00:41:55.199 --> 00:41:58.920
<v Speaker 4>life cycle has an environmental footprint. The concept of sustainable

796
00:41:58.960 --> 00:42:01.920
<v Speaker 4>consumption has gained traction in recent years as a response

797
00:42:01.960 --> 00:42:06.079
<v Speaker 4>to these concerns, advocating for responsible and conscious consumer choices.

798
00:42:06.320 --> 00:42:08.760
<v Speaker 4>Kind of just what I was just saying, that people

799
00:42:08.800 --> 00:42:13.440
<v Speaker 4>are moving towards wanting to limit their carbon footprint, which

800
00:42:13.440 --> 00:42:16.519
<v Speaker 4>I've kind of talked on before, that every person every

801
00:42:16.519 --> 00:42:20.400
<v Speaker 4>household in America has quite a large significant carbon footprint

802
00:42:20.800 --> 00:42:23.920
<v Speaker 4>and kind of waste footprint of what they're actually throwing away.

803
00:42:24.400 --> 00:42:26.639
<v Speaker 2>Yeah, I don't like the term carbon footprint, but I

804
00:42:26.679 --> 00:42:28.800
<v Speaker 2>do agree that we need as a whole, we need

805
00:42:28.840 --> 00:42:31.719
<v Speaker 2>to create less trash. I don't think that's like a

806
00:42:31.760 --> 00:42:36.599
<v Speaker 2>crazy hot take like the single use plastic water bottles.

807
00:42:37.360 --> 00:42:40.880
<v Speaker 2>I'm not exactly a massive green person, but at the

808
00:42:40.920 --> 00:42:42.480
<v Speaker 2>same time, I do believe we should take care of

809
00:42:42.519 --> 00:42:44.400
<v Speaker 2>this earth as best we can to leave something good

810
00:42:44.400 --> 00:42:47.480
<v Speaker 2>for our great grandchildren one day. Right that being said,

811
00:42:48.119 --> 00:42:51.719
<v Speaker 2>if you have the ability to not use as much trash,

812
00:42:52.519 --> 00:42:55.800
<v Speaker 2>like using stuff that's reusable, something you could wash, something

813
00:42:55.840 --> 00:42:58.599
<v Speaker 2>you could repair, whatever else, that's just an inherent good

814
00:42:58.639 --> 00:43:02.079
<v Speaker 2>across the board. I feel like more people are going

815
00:43:02.119 --> 00:43:06.159
<v Speaker 2>in that direction, but it's kind of it's fighting an

816
00:43:06.199 --> 00:43:09.360
<v Speaker 2>uphill battle at this point because our society was built

817
00:43:09.360 --> 00:43:10.840
<v Speaker 2>off of single use items.

818
00:43:11.400 --> 00:43:16.280
<v Speaker 4>It's not even that it's literally based on conveniency. That

819
00:43:16.400 --> 00:43:19.880
<v Speaker 4>is what that is what's driving the market mainly now

820
00:43:19.880 --> 00:43:20.519
<v Speaker 4>at this point.

821
00:43:20.559 --> 00:43:23.199
<v Speaker 5>It even states that there was an article I was

822
00:43:23.239 --> 00:43:23.760
<v Speaker 5>reading that.

823
00:43:23.679 --> 00:43:27.960
<v Speaker 4>Stated tim that people will eat that extra ten percent

824
00:43:28.079 --> 00:43:31.519
<v Speaker 4>discount just for the sake of conveniency that.

825
00:43:31.480 --> 00:43:34.079
<v Speaker 5>It's it's not even about so like.

826
00:43:34.119 --> 00:43:37.480
<v Speaker 4>Uber eats, for example, you know you're paying at least

827
00:43:37.519 --> 00:43:41.360
<v Speaker 4>twenty dollars to have that food delivered to you, regardless

828
00:43:41.360 --> 00:43:43.760
<v Speaker 4>of how much it is you're paying the delivery fee,

829
00:43:43.800 --> 00:43:46.880
<v Speaker 4>the service fee, the tip, all of these things, but

830
00:43:46.960 --> 00:43:49.880
<v Speaker 4>it's all about convenience, and they have hyper fixated and

831
00:43:49.920 --> 00:43:51.239
<v Speaker 4>marketed on convenience.

832
00:43:51.639 --> 00:43:52.320
<v Speaker 5>So now you're.

833
00:43:52.199 --> 00:43:56.000
<v Speaker 4>Fighting even more of a battle because it's more convenient

834
00:43:56.079 --> 00:43:58.840
<v Speaker 4>to have single serve product than it is to have

835
00:43:59.239 --> 00:44:03.320
<v Speaker 4>bulk package because like, who has realistically, who has that

836
00:44:03.440 --> 00:44:07.199
<v Speaker 4>much time in your day is as Americans to try

837
00:44:07.239 --> 00:44:11.480
<v Speaker 4>to cut everything up, wash everything, put everything in containers,

838
00:44:11.960 --> 00:44:14.719
<v Speaker 4>and do all the things yourselves. So they've marketed on

839
00:44:15.239 --> 00:44:19.360
<v Speaker 4>us not having time the conveniency factor, and now we're

840
00:44:19.440 --> 00:44:21.679
<v Speaker 4>kind of just battling this whole system and it's a

841
00:44:21.760 --> 00:44:26.320
<v Speaker 4>vicious cycle of consumerism and conveniency and waste products. And

842
00:44:26.320 --> 00:44:29.079
<v Speaker 4>then you have you know, states like here where they

843
00:44:29.119 --> 00:44:31.280
<v Speaker 4>don't even have a good recycle program.

844
00:44:31.639 --> 00:44:33.960
<v Speaker 5>It's absolutely appalling that there is.

845
00:44:34.119 --> 00:44:37.159
<v Speaker 4>I've lived here over a decade and I have tried

846
00:44:37.239 --> 00:44:40.360
<v Speaker 4>so hard to implement like recycling things that I've called

847
00:44:40.400 --> 00:44:43.960
<v Speaker 4>companies and like, yeah, we totually do recycling. I'm like, okay,

848
00:44:43.960 --> 00:44:45.760
<v Speaker 4>well do you have boxes to set up?

849
00:44:46.199 --> 00:44:46.400
<v Speaker 5>Oh?

850
00:44:46.559 --> 00:44:49.159
<v Speaker 4>No, you just kind of like throw it in a

851
00:44:49.199 --> 00:44:51.039
<v Speaker 4>bag and we'll separate. And I was like, well, that's

852
00:44:51.159 --> 00:44:53.079
<v Speaker 4>not how that works. I was like, do you want

853
00:44:53.119 --> 00:44:56.400
<v Speaker 4>it in a clear plastic bag, because like normally, even

854
00:44:56.639 --> 00:44:58.960
<v Speaker 4>in some places, you put it in a clear classic

855
00:44:59.119 --> 00:44:59.840
<v Speaker 4>passic bag.

856
00:45:00.079 --> 00:45:02.400
<v Speaker 5>You set it out front, and they're like, no, you.

857
00:45:02.440 --> 00:45:04.840
<v Speaker 4>Just just put it in there. We're gonna we're gonna

858
00:45:04.840 --> 00:45:06.519
<v Speaker 4>cycle through it. We're gonna go through And I'm like, no,

859
00:45:06.559 --> 00:45:07.440
<v Speaker 4>you're not. You were no.

860
00:45:08.559 --> 00:45:11.199
<v Speaker 2>I had a whole episode on that the recycling industry

861
00:45:11.239 --> 00:45:13.039
<v Speaker 2>as a whole. I'm not saying the recycling is bad,

862
00:45:13.079 --> 00:45:18.440
<v Speaker 2>but the quote unquote what's labeled as contaminated basically everything

863
00:45:18.480 --> 00:45:21.599
<v Speaker 2>that the vast majority. I was like, ninety five percent

864
00:45:21.639 --> 00:45:23.960
<v Speaker 2>of what you recycle actually just goes to a landfill

865
00:45:24.320 --> 00:45:26.400
<v Speaker 2>because if it's let's say you have like a greasy

866
00:45:26.440 --> 00:45:30.960
<v Speaker 2>pizza box happens to accidentally fall into the section for glass,

867
00:45:31.599 --> 00:45:34.360
<v Speaker 2>now the entire truck has to be thrown away. Like

868
00:45:34.400 --> 00:45:37.239
<v Speaker 2>nobody's nobody's like policing that it's and that's like a

869
00:45:37.320 --> 00:45:39.519
<v Speaker 2>part of the recycling industry. It's not just like my

870
00:45:39.639 --> 00:45:43.119
<v Speaker 2>hot take. There's articles and articles about this type of shit.

871
00:45:43.880 --> 00:45:46.719
<v Speaker 2>But uh yeah, to your point, I wish that recycling

872
00:45:46.960 --> 00:45:50.519
<v Speaker 2>was better and more efficient.

873
00:45:51.039 --> 00:45:51.559
<v Speaker 3>It's just not.

874
00:45:51.960 --> 00:45:54.239
<v Speaker 2>And I mean in Louisiana you'll have in the big cities,

875
00:45:54.280 --> 00:45:55.719
<v Speaker 2>you'll have that. When we used to live in bad

876
00:45:55.719 --> 00:45:58.800
<v Speaker 2>and Rouge growing up, we had a recycling bin, but

877
00:45:59.679 --> 00:46:02.199
<v Speaker 2>we filled it and there was a recycling truck that

878
00:46:02.239 --> 00:46:04.639
<v Speaker 2>would come by, the same way a trash truck comes

879
00:46:04.639 --> 00:46:07.880
<v Speaker 2>by once a week and take your recyclables. That's only

880
00:46:07.920 --> 00:46:11.039
<v Speaker 2>in cities though, that's out here in the rural areas.

881
00:46:11.079 --> 00:46:12.480
<v Speaker 2>I mean, hell, the fact that we have a garbage

882
00:46:12.480 --> 00:46:14.599
<v Speaker 2>truck come by instead of everybody burning their trash in

883
00:46:14.639 --> 00:46:16.159
<v Speaker 2>the backyard is fucking great.

884
00:46:16.760 --> 00:46:22.639
<v Speaker 3>Like that's that's insane, yep. And I mean we're all

885
00:46:22.639 --> 00:46:23.239
<v Speaker 3>guilty of it.

886
00:46:23.280 --> 00:46:24.960
<v Speaker 2>Even as I'm talking about how we need to make

887
00:46:25.079 --> 00:46:29.039
<v Speaker 2>less trash, I'm guilty of it. For instance, paper plates,

888
00:46:29.320 --> 00:46:31.360
<v Speaker 2>we get down on some paper plates. In my house,

889
00:46:31.960 --> 00:46:35.480
<v Speaker 2>we have porcelain plates. We have you know, reusable and

890
00:46:35.519 --> 00:46:37.400
<v Speaker 2>re washable plates and all that stuff. Like you said,

891
00:46:37.400 --> 00:46:40.079
<v Speaker 2>it's the convenience it's so much easier to just throw

892
00:46:40.119 --> 00:46:43.000
<v Speaker 2>that away and just not worry about more dishes.

893
00:46:43.360 --> 00:46:48.280
<v Speaker 4>And the big one too, Yeah, exactly, little like reusable

894
00:46:48.320 --> 00:46:52.039
<v Speaker 4>snack bags for kids, Like those are a big one

895
00:46:52.119 --> 00:46:55.400
<v Speaker 4>because they're they're easy. But then either kids a lot

896
00:46:55.440 --> 00:46:57.840
<v Speaker 4>of times throw them away, or like they get left

897
00:46:57.840 --> 00:46:59.679
<v Speaker 4>places and people are just like I don't want to

898
00:46:59.679 --> 00:47:03.239
<v Speaker 4>deal with it, or you know, trying to use glass containers.

899
00:47:03.599 --> 00:47:06.280
<v Speaker 4>You know what if they get broken, you know, using

900
00:47:06.360 --> 00:47:08.880
<v Speaker 4>metal containers, so they're gonna get lost or they can't

901
00:47:09.000 --> 00:47:11.320
<v Speaker 4>they're not allowed in schools now or something like that.

902
00:47:11.360 --> 00:47:15.199
<v Speaker 4>Like is definitely it is a double edged sword in

903
00:47:15.239 --> 00:47:19.039
<v Speaker 4>so many ways of trying to do better and also

904
00:47:19.199 --> 00:47:21.360
<v Speaker 4>still trying to live and manage all of the things

905
00:47:21.360 --> 00:47:23.360
<v Speaker 4>that we've put on our plates, and how we are

906
00:47:23.400 --> 00:47:26.000
<v Speaker 4>just kind of spread, all of us are spread so thin.

907
00:47:26.519 --> 00:47:29.000
<v Speaker 3>Yeah, absolutely, okay, Number.

908
00:47:28.760 --> 00:47:34.880
<v Speaker 4>Five Katrinques in Alternatives. Consumerism in the US is not

909
00:47:35.000 --> 00:47:39.119
<v Speaker 4>without its critics. Some argue that the relentless pursuit of

910
00:47:39.159 --> 00:47:43.559
<v Speaker 4>material possessions leads to a shallow and unfulfilling existence, as

911
00:47:43.599 --> 00:47:48.960
<v Speaker 4>happiness and well being cannot be solely root that sorry,

912
00:47:49.079 --> 00:47:55.559
<v Speaker 4>be silly derived from material wealth. Others highlight the growing wealth, inequity,

913
00:47:55.800 --> 00:48:01.159
<v Speaker 4>and social divisions perpetrated by consumerism, with the affluent of

914
00:48:01.280 --> 00:48:02.599
<v Speaker 4>minority gaining more.

915
00:48:04.360 --> 00:48:07.840
<v Speaker 2>Nope, yeah, the affluent, Now you're good. The affluent minority

916
00:48:07.880 --> 00:48:10.239
<v Speaker 2>gaining more while the majority struggles.

917
00:48:09.800 --> 00:48:10.400
<v Speaker 3>To keep up.

918
00:48:11.480 --> 00:48:16.519
<v Speaker 4>Alternatives to consumerism, such as minimalism and the sharing economy

919
00:48:16.599 --> 00:48:20.599
<v Speaker 4>have emerged as a response to the critics, advocating for

920
00:48:20.760 --> 00:48:24.679
<v Speaker 4>a simpler and more sustainable way of life. Understanding consumerism

921
00:48:24.719 --> 00:48:28.159
<v Speaker 4>in the US requires an examination of all historical contexts,

922
00:48:28.360 --> 00:48:33.480
<v Speaker 4>its impact on individuals in society, and the various perspectives

923
00:48:33.519 --> 00:48:38.360
<v Speaker 4>surrounding the phenomenon. While consumerism has undoubtedly shaped American society

924
00:48:38.559 --> 00:48:42.000
<v Speaker 4>and the economy, it is essential to critically evaluate its

925
00:48:42.000 --> 00:48:47.480
<v Speaker 4>implications and explore alternative approaches to consumerism consumption. Only through

926
00:48:47.559 --> 00:48:51.400
<v Speaker 4>a deeper understanding can we navigate the complexities of consumerism

927
00:48:51.440 --> 00:48:54.000
<v Speaker 4>and strive for a more balanced and sustainable future.

928
00:48:55.320 --> 00:48:57.360
<v Speaker 3>I think there's a lot of very great points that

929
00:48:57.400 --> 00:48:59.280
<v Speaker 3>were made during that. As a matter of fact.

930
00:49:00.000 --> 00:49:02.320
<v Speaker 4>I absolutely hate reading out loud, and I'm sorry to

931
00:49:02.480 --> 00:49:04.559
<v Speaker 4>everyone that just had it is suffer through that.

932
00:49:05.079 --> 00:49:06.360
<v Speaker 3>It's all good. It's all good.

933
00:49:06.480 --> 00:49:09.039
<v Speaker 2>So I'm going to read the next section here, as

934
00:49:09.039 --> 00:49:12.880
<v Speaker 2>we are talking about Black Friday, which is nothing more

935
00:49:12.920 --> 00:49:17.119
<v Speaker 2>than a consumerism mecha, I can't even think of a

936
00:49:17.159 --> 00:49:21.920
<v Speaker 2>better term to put onto it. This is as prime

937
00:49:22.000 --> 00:49:24.559
<v Speaker 2>time as it gets for American consumerism and to see

938
00:49:24.559 --> 00:49:26.960
<v Speaker 2>a bleed through to other countries. That's why we're looking

939
00:49:26.960 --> 00:49:29.039
<v Speaker 2>into consumerism in the way that it is. So now

940
00:49:29.159 --> 00:49:33.360
<v Speaker 2>let's go into this next one exploring the psychology behind consumption.

941
00:49:34.159 --> 00:49:37.760
<v Speaker 2>Understanding consumer behavior is crucial for businesses seeking to thrive

942
00:49:37.840 --> 00:49:42.079
<v Speaker 2>in today's competitive market. By delving into the psychology behind consumption,

943
00:49:42.440 --> 00:49:45.920
<v Speaker 2>we can gain valuable insights into why individuals make specific

944
00:49:45.960 --> 00:49:47.079
<v Speaker 2>purchasing decisions.

945
00:49:47.360 --> 00:49:48.599
<v Speaker 3>This section aims.

946
00:49:48.280 --> 00:49:51.719
<v Speaker 2>To shed light on the various factors that influence consumer behavior,

947
00:49:52.039 --> 00:49:56.679
<v Speaker 2>for cultural and social influences to individual motivations and emotions.

948
00:49:56.760 --> 00:49:58.760
<v Speaker 2>So now let's start off here with the cultural and

949
00:49:58.800 --> 00:50:03.199
<v Speaker 2>social influences. Consumer behavior is heavily shaped by cultural and

950
00:50:03.239 --> 00:50:07.559
<v Speaker 2>social factors. Culture encompasses the values, beliefs, and customs shared

951
00:50:07.559 --> 00:50:10.719
<v Speaker 2>by a specific group of people, while social influences are

952
00:50:10.840 --> 00:50:15.079
<v Speaker 2>the interactions and relationships individuals have with one another. Cultural

953
00:50:15.119 --> 00:50:18.119
<v Speaker 2>factors such as language, religion, and social norms play a

954
00:50:18.159 --> 00:50:22.519
<v Speaker 2>significant role in shaping consumer behavior. For example, in some cultures,

955
00:50:22.559 --> 00:50:27.639
<v Speaker 2>it is customary to exchange gifts during specific holidays i e. Christmas,

956
00:50:28.239 --> 00:50:32.800
<v Speaker 2>leading to increased consumer spending during those periods. Social influences,

957
00:50:32.800 --> 00:50:35.079
<v Speaker 2>on the other hand, can be seen through the impact

958
00:50:35.119 --> 00:50:38.800
<v Speaker 2>of reference groups such as family, friends and celebrities, or

959
00:50:38.840 --> 00:50:41.599
<v Speaker 2>consumer choices. People often seek.

960
00:50:41.320 --> 00:50:45.000
<v Speaker 3>Conformity or approval from their reference groups, which can drive

961
00:50:45.039 --> 00:50:49.199
<v Speaker 3>their purchasing decisions, which again that all ties in. It's

962
00:50:49.239 --> 00:50:49.719
<v Speaker 3>a little.

963
00:50:49.559 --> 00:50:51.320
<v Speaker 2>Bit of keeping up with the joneses when it comes

964
00:50:51.360 --> 00:50:54.519
<v Speaker 2>to the social side of things, but not necessarily always.

965
00:50:54.559 --> 00:50:56.800
<v Speaker 2>Even if it is a gift giving thing, right, if

966
00:50:56.800 --> 00:51:01.039
<v Speaker 2>somebody gave you a gift that's super expensive, you feel

967
00:51:01.119 --> 00:51:05.840
<v Speaker 2>almost obligated to try and give them something super nice

968
00:51:05.880 --> 00:51:08.559
<v Speaker 2>to try to match that level of giving, which is

969
00:51:08.599 --> 00:51:10.920
<v Speaker 2>also something that drives the purchasing decision for sure.

970
00:51:11.519 --> 00:51:15.119
<v Speaker 4>Also, when the site of crowds along lines and social

971
00:51:16.119 --> 00:51:20.239
<v Speaker 4>social statles like everybody together, it pretty much drives the

972
00:51:20.360 --> 00:51:24.920
<v Speaker 4>bandwagon effect to where everyone wants to join the bandwagon

973
00:51:24.920 --> 00:51:27.760
<v Speaker 4>of all their peers around them, like, oh, hey, I

974
00:51:27.800 --> 00:51:31.000
<v Speaker 4>don't need those socks, but everyone else is buying those

975
00:51:31.039 --> 00:51:34.480
<v Speaker 4>socks at that deskcount and price, so socially, I want

976
00:51:34.480 --> 00:51:36.760
<v Speaker 4>to be accepted into the bandwagon, so I'm going to

977
00:51:36.800 --> 00:51:39.519
<v Speaker 4>buy socks too, and like, hey, look I got some too.

978
00:51:39.920 --> 00:51:42.360
<v Speaker 4>So that's actually a huge part of it as well.

979
00:51:42.800 --> 00:51:45.519
<v Speaker 2>Absolutely, even the sneaker heads will say you when the

980
00:51:45.559 --> 00:51:47.760
<v Speaker 2>new Jordans are about to drop or whatever, there will

981
00:51:47.800 --> 00:51:50.039
<v Speaker 2>be a line waiting outside.

982
00:51:49.960 --> 00:51:53.199
<v Speaker 3>The door of these retail outlets to get their hands

983
00:51:53.239 --> 00:51:58.039
<v Speaker 3>on some. But also online shopping has completely shifted the

984
00:51:58.079 --> 00:52:00.920
<v Speaker 3>game as far as that's concerned, but there are still

985
00:52:00.920 --> 00:52:03.320
<v Speaker 3>people that are willing to wait outside out in a

986
00:52:03.400 --> 00:52:06.559
<v Speaker 3>line for the or even I remember multiple times when

987
00:52:07.320 --> 00:52:08.840
<v Speaker 3>with my first marriage, as a matter of fact, the

988
00:52:08.880 --> 00:52:11.280
<v Speaker 3>new Call of Duty was about to drop or the

989
00:52:11.320 --> 00:52:14.239
<v Speaker 3>new Battlefield game was about to drop, so we would

990
00:52:14.280 --> 00:52:16.480
<v Speaker 3>be in line and we had to get a ticket

991
00:52:16.480 --> 00:52:18.800
<v Speaker 3>to make sure that we got our spot secure so

992
00:52:18.920 --> 00:52:20.440
<v Speaker 3>we could be one of the first people.

993
00:52:20.159 --> 00:52:23.400
<v Speaker 2>To go home and play a video game. Nowadays, you

994
00:52:23.519 --> 00:52:24.920
<v Speaker 2>just downloaded at a certain time.

995
00:52:25.559 --> 00:52:28.559
<v Speaker 4>There's actually the same thing online though, like as we

996
00:52:28.679 --> 00:52:31.079
<v Speaker 4>read on it will talk even more about the online

997
00:52:31.119 --> 00:52:34.559
<v Speaker 4>presence as well. It's actually they've figured out how to

998
00:52:35.320 --> 00:52:39.639
<v Speaker 4>get that scene drive by clicking by the clickbait, So

999
00:52:39.800 --> 00:52:42.719
<v Speaker 4>like being able to like, oh, you know, for example,

1000
00:52:43.239 --> 00:52:44.880
<v Speaker 4>if I don't know if people have ever heard of

1001
00:52:44.920 --> 00:52:48.639
<v Speaker 4>this app, but it's called Whatnot and so little Boo

1002
00:52:48.679 --> 00:52:52.239
<v Speaker 4>Boos are a huge thing, right, So this app is

1003
00:52:52.360 --> 00:52:54.719
<v Speaker 4>just it has a million different things, but it's an

1004
00:52:54.760 --> 00:52:58.599
<v Speaker 4>auctioning app, and you're live auctioning while they're holding up

1005
00:52:58.679 --> 00:52:59.400
<v Speaker 4>their little thing.

1006
00:52:59.559 --> 00:53:02.320
<v Speaker 5>Is like it's going to go to auction in.

1007
00:53:02.199 --> 00:53:06.280
<v Speaker 4>Three two one, And then you're competing with however many people.

1008
00:53:06.320 --> 00:53:08.559
<v Speaker 4>You can do it on TikTok too. You're competing with

1009
00:53:08.599 --> 00:53:11.239
<v Speaker 4>however many people, and half the time you don't even

1010
00:53:11.239 --> 00:53:12.480
<v Speaker 4>need it. You're just like, you know what, I want

1011
00:53:12.519 --> 00:53:14.480
<v Speaker 4>to click on it, and sometimes you end up with

1012
00:53:14.519 --> 00:53:17.079
<v Speaker 4>the item and you're like, well crap, I didn't actually

1013
00:53:17.119 --> 00:53:19.559
<v Speaker 4>want that, but here I am because I had the

1014
00:53:19.599 --> 00:53:22.360
<v Speaker 4>impulsivity of wanting to click on it. So a lot

1015
00:53:22.360 --> 00:53:24.280
<v Speaker 4>of it is, and I'm sure it's going to talk

1016
00:53:24.280 --> 00:53:27.079
<v Speaker 4>about it is emotionally driven. That's what the big thing

1017
00:53:27.159 --> 00:53:30.719
<v Speaker 4>about Black Friday is is an emotionally driven thing instead

1018
00:53:30.760 --> 00:53:34.039
<v Speaker 4>of an intellectual driven like need and want.

1019
00:53:35.159 --> 00:53:37.440
<v Speaker 2>I'm I guarantee we're gonna get more into it here.

1020
00:53:37.480 --> 00:53:41.000
<v Speaker 2>But Black Friday is a the fear missing out. It's

1021
00:53:41.039 --> 00:53:43.960
<v Speaker 2>the emotional connection to it. It's the dopamine dump of

1022
00:53:44.079 --> 00:53:46.440
<v Speaker 2>going and getting these deals and like you got all

1023
00:53:46.480 --> 00:53:49.199
<v Speaker 2>your Christmas shopping done in one day, which is also

1024
00:53:49.239 --> 00:53:53.000
<v Speaker 2>an insane piece of mind, so to speak. It's Black

1025
00:53:53.039 --> 00:53:55.679
<v Speaker 2>Friday itself is kind of an all encompassing of what

1026
00:53:55.800 --> 00:53:57.920
<v Speaker 2>makes the consumerist mindset tick.

1027
00:53:58.599 --> 00:54:00.000
<v Speaker 3>Mm hmm. Absolutely.

1028
00:54:00.920 --> 00:54:05.159
<v Speaker 2>It's next section, Motivations and needs. I love how that's

1029
00:54:05.159 --> 00:54:07.880
<v Speaker 2>the thing. It's not just the want of something. They

1030
00:54:07.880 --> 00:54:10.119
<v Speaker 2>want you to feel like. This is a need, it's

1031
00:54:10.119 --> 00:54:15.119
<v Speaker 2>a necessity. Consumer behavior is driven by underlying motivations and needs.

1032
00:54:15.559 --> 00:54:19.360
<v Speaker 2>Maslow's hierarchy of needs provides a useful framework to understand

1033
00:54:19.440 --> 00:54:23.679
<v Speaker 2>these motivations. According to Maslow, individuals have a hierarchy of needs,

1034
00:54:23.920 --> 00:54:28.239
<v Speaker 2>starting from the basic psychological needs ie food, shelter, water,

1035
00:54:28.880 --> 00:54:32.400
<v Speaker 2>and progressing to higher level needs such as esteem and

1036
00:54:32.519 --> 00:54:36.800
<v Speaker 2>self actualization. Understanding which needs consumers are seeking to fulfill

1037
00:54:36.840 --> 00:54:40.679
<v Speaker 2>through their purchases can help businesses tailor their marketing strategies.

1038
00:54:40.920 --> 00:54:44.400
<v Speaker 2>For instance, a luxury car brand might emphasize the sense

1039
00:54:44.440 --> 00:54:47.920
<v Speaker 2>of status and self esteem associated with their products, appealing

1040
00:54:47.960 --> 00:54:51.960
<v Speaker 2>to consumers at higher levels of needs one hundred percent

1041
00:54:52.119 --> 00:54:55.440
<v Speaker 2>and That's a great example of that. A car, as

1042
00:54:55.440 --> 00:54:59.360
<v Speaker 2>far as the oversimplification of it, a car is a

1043
00:54:59.360 --> 00:54:59.920
<v Speaker 2>car is a car.

1044
00:55:00.400 --> 00:55:01.320
<v Speaker 3>It moves you.

1045
00:55:01.239 --> 00:55:02.920
<v Speaker 2>From point A to point being as long as it

1046
00:55:02.920 --> 00:55:04.280
<v Speaker 2>gets you there relatively safely.

1047
00:55:04.400 --> 00:55:05.119
<v Speaker 3>It doesn't matter.

1048
00:55:05.400 --> 00:55:08.039
<v Speaker 2>But the luxury car brand wants to make you feel like, well,

1049
00:55:08.079 --> 00:55:12.880
<v Speaker 2>you know, bosses drive this brand. The employees might drive

1050
00:55:12.920 --> 00:55:17.039
<v Speaker 2>this brand, but the bosses they drive Alexis, they drive

1051
00:55:17.079 --> 00:55:20.280
<v Speaker 2>the Beamer. You see what I'm saying. That's absolutely a

1052
00:55:20.559 --> 00:55:21.599
<v Speaker 2>perfect example of this.

1053
00:55:21.639 --> 00:55:24.559
<v Speaker 5>I mean perfect example is down here with the suburbans.

1054
00:55:25.079 --> 00:55:26.480
<v Speaker 3>Suburban moms are a thing.

1055
00:55:26.960 --> 00:55:28.280
<v Speaker 4>The suburbans man.

1056
00:55:28.400 --> 00:55:31.639
<v Speaker 5>It is a It is a whole status quo down here.

1057
00:55:32.079 --> 00:55:36.039
<v Speaker 2>I didn't realize that my car, the Nissan Armada I have,

1058
00:55:36.440 --> 00:55:38.679
<v Speaker 2>I didn't realize that that was also a status not

1059
00:55:38.719 --> 00:55:39.880
<v Speaker 2>as much as a suburban.

1060
00:55:40.280 --> 00:55:42.039
<v Speaker 3>I'll be very honest about that.

1061
00:55:42.119 --> 00:55:46.599
<v Speaker 4>But that shit, the suburban is shit, I will like.

1062
00:55:46.840 --> 00:55:49.480
<v Speaker 4>The only good thing about that car is a space.

1063
00:55:50.039 --> 00:55:50.280
<v Speaker 3>Yeah.

1064
00:55:50.679 --> 00:55:52.800
<v Speaker 4>I can say this because I actually own one, people,

1065
00:55:53.199 --> 00:55:55.519
<v Speaker 4>and I can't wait to get rid of it. But

1066
00:55:55.559 --> 00:55:57.519
<v Speaker 4>the only good thing about it is a space. Like,

1067
00:55:57.559 --> 00:56:00.719
<v Speaker 4>it has a lot of space. I'll give it that.

1068
00:56:00.719 --> 00:56:03.360
<v Speaker 5>That, like the gas maleage crap.

1069
00:56:03.480 --> 00:56:07.920
<v Speaker 4>The seats suck, like there's not a lot of like oooho.

1070
00:56:07.400 --> 00:56:10.119
<v Speaker 3>This is great, And I think I keep having manufacturing

1071
00:56:10.440 --> 00:56:11.920
<v Speaker 3>things come up that you've got to go to the

1072
00:56:11.920 --> 00:56:13.360
<v Speaker 3>dealership and get fixed too.

1073
00:56:13.599 --> 00:56:14.400
<v Speaker 5>Mm hmm I have.

1074
00:56:14.800 --> 00:56:16.920
<v Speaker 4>I've owned it for one year and it's how to

1075
00:56:16.960 --> 00:56:22.000
<v Speaker 4>be had seven manufacturer replacements. It's a year one year

1076
00:56:22.000 --> 00:56:26.480
<v Speaker 4>old and it's a twenty twenty four. So like, yeah,

1077
00:56:26.079 --> 00:56:29.559
<v Speaker 4>I personally, for me, I want that wagoneer. Why do

1078
00:56:29.639 --> 00:56:33.079
<v Speaker 4>I want the wagonear because it's boss status, but also it.

1079
00:56:33.079 --> 00:56:35.400
<v Speaker 3>Has like so what point we're making to the point

1080
00:56:35.440 --> 00:56:36.360
<v Speaker 3>we're making right now.

1081
00:56:36.320 --> 00:56:40.079
<v Speaker 5>Raven To be fair, it's just a really nice luxury car.

1082
00:56:40.119 --> 00:56:41.400
<v Speaker 5>If I'm going to drive something, damn it.

1083
00:56:41.400 --> 00:56:44.599
<v Speaker 4>I want to drive something good, okay, and that's to

1084
00:56:44.639 --> 00:56:47.440
<v Speaker 4>be now driven sucks But no, I just you know,

1085
00:56:47.840 --> 00:56:51.360
<v Speaker 4>I get it. It's definitely all about, you know, appealing

1086
00:56:51.400 --> 00:56:54.559
<v Speaker 4>to your masses and knowing your target audience, which comes

1087
00:56:54.559 --> 00:56:58.079
<v Speaker 4>into play with clicking on things and how they interact

1088
00:56:58.079 --> 00:57:01.440
<v Speaker 4>with things and how they actually use the models to

1089
00:57:01.639 --> 00:57:05.119
<v Speaker 4>track what you're actually scanning, what you're clicking on, how

1090
00:57:05.199 --> 00:57:08.599
<v Speaker 4>long you're staying on certain sections, what colors are drawing

1091
00:57:08.639 --> 00:57:12.440
<v Speaker 4>you in. It is so intense about how much they

1092
00:57:12.519 --> 00:57:15.400
<v Speaker 4>use psychology against us to be able to market to us,

1093
00:57:15.559 --> 00:57:19.400
<v Speaker 4>especially children. Oh Man, that we could do an entire

1094
00:57:19.440 --> 00:57:23.840
<v Speaker 4>episode just on the marketing aspect. It's crazy, and not.

1095
00:57:23.760 --> 00:57:27.400
<v Speaker 2>Even just on the marketing, but even off of watching

1096
00:57:27.519 --> 00:57:31.159
<v Speaker 2>your specific algorithm. There's been so many stores and I'm

1097
00:57:31.159 --> 00:57:32.559
<v Speaker 2>sure we're gonna get to it later as we talk

1098
00:57:32.599 --> 00:57:36.480
<v Speaker 2>about Black Friday and the tag price versus actual price

1099
00:57:36.519 --> 00:57:39.960
<v Speaker 2>and all these things. There has been so many cases

1100
00:57:40.280 --> 00:57:43.639
<v Speaker 2>of a person walking into a store and seeing, I'm

1101
00:57:43.679 --> 00:57:47.280
<v Speaker 2>just gonna throw out an arbitrary example, here a gallon

1102
00:57:47.320 --> 00:57:50.960
<v Speaker 2>of milk for five dollars, and then when they go

1103
00:57:51.000 --> 00:57:53.559
<v Speaker 2>to ring up, it's actually bringing up at eight point fifty,

1104
00:57:54.039 --> 00:57:56.159
<v Speaker 2>even though the person behind them it rang up at

1105
00:57:56.159 --> 00:57:59.960
<v Speaker 2>five dollars. The store knows that this person has more dispose,

1106
00:58:00.119 --> 00:58:03.000
<v Speaker 2>will income in this person, so they will on slick

1107
00:58:03.119 --> 00:58:05.559
<v Speaker 2>levels change the price when you go to check out

1108
00:58:05.800 --> 00:58:08.079
<v Speaker 2>and act like it didn't just happen. There's been so

1109
00:58:08.119 --> 00:58:09.960
<v Speaker 2>many stores caught with that. And then there's all these

1110
00:58:10.000 --> 00:58:13.519
<v Speaker 2>new stores that have the little prices on the shelf

1111
00:58:13.639 --> 00:58:17.440
<v Speaker 2>is digitized. It's not a paper thing that will change

1112
00:58:17.480 --> 00:58:21.199
<v Speaker 2>depending on who's standing in front of it. Really, the

1113
00:58:21.239 --> 00:58:24.119
<v Speaker 2>store is pinging your phone, and that means that they

1114
00:58:24.119 --> 00:58:27.480
<v Speaker 2>have access to see what your expenditures have been for

1115
00:58:27.519 --> 00:58:29.440
<v Speaker 2>the last couple of times you've gone to that store,

1116
00:58:29.679 --> 00:58:31.679
<v Speaker 2>and they know that you are more likely to drop

1117
00:58:31.679 --> 00:58:34.519
<v Speaker 2>an extra hundred dollars at the target as opposed to

1118
00:58:34.519 --> 00:58:39.199
<v Speaker 2>this other person. There's been so many Yeah, people are

1119
00:58:39.239 --> 00:58:41.280
<v Speaker 2>getting fucking pissed about it, but there's nothing they could

1120
00:58:41.320 --> 00:58:42.239
<v Speaker 2>do because the store could.

1121
00:58:42.559 --> 00:58:44.360
<v Speaker 3>Oh, I'm sorry, that must have been a glitch here.

1122
00:58:44.400 --> 00:58:45.440
<v Speaker 3>I'll fix it for you right quick.

1123
00:58:45.519 --> 00:58:49.800
<v Speaker 2>Unless you're watching your swipes and watching you scanning to

1124
00:58:49.840 --> 00:58:52.039
<v Speaker 2>see what's happening next, you're not paying attention.

1125
00:58:52.760 --> 00:58:55.199
<v Speaker 4>Mm hmm. I have been one of those people to

1126
00:58:55.239 --> 00:58:58.760
<v Speaker 4>take pictures of the of the keep on price because

1127
00:58:58.760 --> 00:59:01.000
<v Speaker 4>I just like, you know, let's just do this, and

1128
00:59:01.039 --> 00:59:03.000
<v Speaker 4>then I have to show them and I'm like, look,

1129
00:59:03.039 --> 00:59:06.079
<v Speaker 4>here is the actual picture, like it's right there, and

1130
00:59:06.119 --> 00:59:08.440
<v Speaker 4>then like you'll actually get the price that it was

1131
00:59:08.519 --> 00:59:11.639
<v Speaker 4>originally for. I actually didn't know that though. I'll have

1132
00:59:11.679 --> 00:59:13.800
<v Speaker 4>to look into that more because I've never heard of it.

1133
00:59:13.800 --> 00:59:15.039
<v Speaker 3>It's really fucked up.

1134
00:59:15.800 --> 00:59:17.519
<v Speaker 4>That is extremely fucked up.

1135
00:59:18.039 --> 00:59:21.400
<v Speaker 2>Now there's those that argue that it actually hooks up

1136
00:59:21.719 --> 00:59:25.199
<v Speaker 2>the poorer people out there because they're paying as low

1137
00:59:25.239 --> 00:59:27.840
<v Speaker 2>a price as humanly possible. But that's not how a

1138
00:59:27.920 --> 00:59:31.679
<v Speaker 2>fair and open market exists. The keyword on that will

1139
00:59:31.760 --> 00:59:35.239
<v Speaker 2>be fair. Yeah, you shouldn't be predatory based off of

1140
00:59:35.239 --> 00:59:38.400
<v Speaker 2>people who are making a little more just to make

1141
00:59:38.440 --> 00:59:41.440
<v Speaker 2>a little more off of them. That's completely fucked up.

1142
00:59:41.679 --> 00:59:43.400
<v Speaker 2>But yeah, that's becoming more and more of a thing.

1143
00:59:43.480 --> 00:59:45.599
<v Speaker 2>So basically, good cult members. If you're at a store

1144
00:59:45.639 --> 00:59:48.239
<v Speaker 2>and you notice that all the prices on these items

1145
00:59:48.280 --> 00:59:52.920
<v Speaker 2>are the little LCD screens and this digitized watch it

1146
00:59:53.000 --> 00:59:55.880
<v Speaker 2>as you go to your self checkout, do that just

1147
00:59:55.920 --> 00:59:58.159
<v Speaker 2>as an experiment. Shop of the store three or four

1148
00:59:58.199 --> 01:00:01.079
<v Speaker 2>times as you normally would go to self check out,

1149
01:00:01.159 --> 01:00:03.960
<v Speaker 2>and just pay attention to some of those prices as

1150
01:00:04.000 --> 01:00:05.960
<v Speaker 2>they appeared on the shelf versus what they look like

1151
01:00:06.000 --> 01:00:08.199
<v Speaker 2>when your receipt when you leave, you do with that

1152
01:00:08.280 --> 01:00:09.239
<v Speaker 2>information what you want.

1153
01:00:09.679 --> 01:00:12.079
<v Speaker 4>I turned off my phone at that point.

1154
01:00:12.679 --> 01:00:15.880
<v Speaker 2>Yep, I'm telling you when need to turn these phones off.

1155
01:00:15.960 --> 01:00:18.320
<v Speaker 2>And I know that I'm also a complete hypocrite as

1156
01:00:18.360 --> 01:00:21.480
<v Speaker 2>I'm saying this. Our entire job is based off of

1157
01:00:21.679 --> 01:00:24.159
<v Speaker 2>Internet and based off of these screens. I get it,

1158
01:00:24.800 --> 01:00:27.400
<v Speaker 2>but also we really need to make more of a

1159
01:00:27.400 --> 01:00:31.239
<v Speaker 2>conscious effort to unplug more frequently in our lives.

1160
01:00:32.000 --> 01:00:33.719
<v Speaker 3>Books. Books.

1161
01:00:34.519 --> 01:00:36.559
<v Speaker 4>For those of you that couldn't see, I have shelves

1162
01:00:36.599 --> 01:00:40.440
<v Speaker 4>of books behind me. This is just one of four bookshelves,

1163
01:00:40.480 --> 01:00:43.239
<v Speaker 4>five bookshelves that I have that are stacked full. I

1164
01:00:43.280 --> 01:00:46.199
<v Speaker 4>have a thing for books. But to plans that I'm

1165
01:00:46.239 --> 01:00:48.440
<v Speaker 4>also a consumer. You can tell by my shelves that

1166
01:00:48.519 --> 01:00:49.719
<v Speaker 4>I like nick.

1167
01:00:51.360 --> 01:00:53.280
<v Speaker 5>You can. I can't even say that.

1168
01:00:53.360 --> 01:00:56.119
<v Speaker 4>I can't because, like I also got brought up in

1169
01:00:56.119 --> 01:01:00.599
<v Speaker 4>the whole nick knack you know, things by Migraine parents

1170
01:01:00.599 --> 01:01:02.159
<v Speaker 4>and by my mom and says like that.

1171
01:01:02.320 --> 01:01:03.800
<v Speaker 5>So I like my little knickknacks.

1172
01:01:03.880 --> 01:01:05.159
<v Speaker 4>It's all it's a vibe.

1173
01:01:05.440 --> 01:01:07.440
<v Speaker 3>You're a white woman. You can't help it. It's it's

1174
01:01:07.480 --> 01:01:09.079
<v Speaker 3>within your DNA code.

1175
01:01:09.559 --> 01:01:13.280
<v Speaker 5>It has nothing to do with being a white woman. Nothing.

1176
01:01:13.559 --> 01:01:16.320
<v Speaker 5>But it does not at all.

1177
01:01:16.800 --> 01:01:19.760
<v Speaker 4>It has nothing to do that. Men collect all sorts

1178
01:01:19.800 --> 01:01:23.800
<v Speaker 4>of random shit too. Look at y'all's garages. Half the time,

1179
01:01:23.920 --> 01:01:26.239
<v Speaker 4>nothing is even needed in that garage, but it just

1180
01:01:26.360 --> 01:01:27.440
<v Speaker 4>randomly sits there.

1181
01:01:27.639 --> 01:01:30.800
<v Speaker 3>Well, well, now, tools are different than nickknacks.

1182
01:01:31.320 --> 01:01:33.960
<v Speaker 4>There's also a lot of guys that collect all sorts

1183
01:01:34.000 --> 01:01:36.159
<v Speaker 4>of things, all sorts of things.

1184
01:01:36.320 --> 01:01:39.559
<v Speaker 5>Shoes, for example, there are lots of men that have

1185
01:01:39.719 --> 01:01:42.800
<v Speaker 5>like fifty pairs of shoes, because that blows my minds.

1186
01:01:43.760 --> 01:01:48.360
<v Speaker 4>Like they collect, you know, certain glasses, or you collect coins.

1187
01:01:49.159 --> 01:01:51.519
<v Speaker 3>Yeah, because that's an investment. They're worth money.

1188
01:01:52.199 --> 01:01:55.000
<v Speaker 5>I'm just saying, like people collect things.

1189
01:01:55.159 --> 01:01:59.320
<v Speaker 2>And like flannels because I wear them. I're pragmatic with these.

1190
01:01:59.360 --> 01:02:03.199
<v Speaker 2>I collect medieval weapons, but I also use them, like,

1191
01:02:03.440 --> 01:02:05.920
<v Speaker 2>you know, I don't know, I would like to have

1192
01:02:05.960 --> 01:02:08.119
<v Speaker 2>more of a collection of just ridiculous things. Oh to

1193
01:02:08.199 --> 01:02:11.719
<v Speaker 2>your point, Like I would love to up my gun collection,

1194
01:02:12.760 --> 01:02:14.840
<v Speaker 2>guns that I will probably never look at but once

1195
01:02:14.920 --> 01:02:16.440
<v Speaker 2>or twice a year. But I would just like to

1196
01:02:16.480 --> 01:02:18.719
<v Speaker 2>have so Like to your point, fine, we all have

1197
01:02:18.880 --> 01:02:24.760
<v Speaker 2>our thing, you know, I get it specifically, just the

1198
01:02:24.840 --> 01:02:27.719
<v Speaker 2>knickknack thing, not just you buying shit that's a that's

1199
01:02:27.719 --> 01:02:28.760
<v Speaker 2>a human thing.

1200
01:02:29.519 --> 01:02:30.519
<v Speaker 5>What are you talking about?

1201
01:02:30.639 --> 01:02:35.199
<v Speaker 4>Asians collect the tons of different Asians collect nick knacks. Hell,

1202
01:02:35.320 --> 01:02:37.599
<v Speaker 4>half the ship I bought was from the Chinese market,

1203
01:02:39.360 --> 01:02:43.000
<v Speaker 4>to like, come at me with being a white woman.

1204
01:02:42.960 --> 01:02:46.400
<v Speaker 3>The Asian market, to appeal to your white woman consumerisms

1205
01:02:46.760 --> 01:02:52.440
<v Speaker 3>in Chinatown. In Chinatown, that's fair.

1206
01:02:52.719 --> 01:02:55.639
<v Speaker 2>I guess I don't know much about the yes for one,

1207
01:02:55.679 --> 01:02:57.119
<v Speaker 2>and for two, I guess I don't really know the

1208
01:02:57.480 --> 01:03:02.559
<v Speaker 2>consumeristic practices of people of Southeast Asian descent to your point.

1209
01:03:02.400 --> 01:03:06.440
<v Speaker 4>Even that, but like tons of cultures collecting sh But

1210
01:03:06.519 --> 01:03:09.760
<v Speaker 4>we're here with white women. Shit, I'm over your crap,

1211
01:03:11.000 --> 01:03:11.559
<v Speaker 4>white male.

1212
01:03:12.280 --> 01:03:15.119
<v Speaker 3>Moving on to the next section, Emotional influences.

1213
01:03:15.239 --> 01:03:19.920
<v Speaker 4>Let's go there, Yeah, emotional.

1214
01:03:21.360 --> 01:03:24.800
<v Speaker 2>Oh man, as I continuously just shove my foot down

1215
01:03:24.800 --> 01:03:27.920
<v Speaker 2>my mouth. Let's just get into it here. Emotions play

1216
01:03:27.920 --> 01:03:30.920
<v Speaker 2>a significant role in consumer behavior. Studies have shown that

1217
01:03:30.960 --> 01:03:34.480
<v Speaker 2>emotions can influence decision making processes, leading to both positive

1218
01:03:34.519 --> 01:03:38.639
<v Speaker 2>and negative outcomes. Positive emotions, such as happiness and excitement,

1219
01:03:38.719 --> 01:03:42.519
<v Speaker 2>can create a desire for immediate gratification, leading consumers to

1220
01:03:42.519 --> 01:03:46.559
<v Speaker 2>make impulsive purchases. On the other hand, negative emotions, such

1221
01:03:46.559 --> 01:03:49.840
<v Speaker 2>as fear or guilt can trigger a desire for comfort

1222
01:03:50.000 --> 01:03:53.280
<v Speaker 2>or relief, prompting consumers to seek products or services that

1223
01:03:53.440 --> 01:03:57.400
<v Speaker 2>alleviate these emotions. For example, a consumer who feels guilty

1224
01:03:57.519 --> 01:04:00.280
<v Speaker 2>about not spending enough time with their children may be

1225
01:04:00.400 --> 01:04:03.760
<v Speaker 2>more likely to purchase a family vacation package to create

1226
01:04:03.840 --> 01:04:07.639
<v Speaker 2>positive memories. I think that's very accurate too. I feel

1227
01:04:07.639 --> 01:04:11.119
<v Speaker 2>like people, at least our listeners know that fear is

1228
01:04:11.159 --> 01:04:15.159
<v Speaker 2>a tactic that the elites are using on a daily basis.

1229
01:04:15.760 --> 01:04:17.639
<v Speaker 3>But I feel like a lot of people don't understand

1230
01:04:17.679 --> 01:04:18.079
<v Speaker 3>that either.

1231
01:04:18.280 --> 01:04:21.960
<v Speaker 2>Yes, the dopamine dump of it, the immediate gratification that's

1232
01:04:21.960 --> 01:04:24.079
<v Speaker 2>a thing for sure, for like why you would buy

1233
01:04:24.159 --> 01:04:27.000
<v Speaker 2>a certain thing. I get it to the point the

1234
01:04:27.079 --> 01:04:30.800
<v Speaker 2>knickknack conversation, that's an immediate gratification thing. It brings you

1235
01:04:30.880 --> 01:04:33.079
<v Speaker 2>joy every time you look at it. That's awesome, that's good.

1236
01:04:33.440 --> 01:04:37.079
<v Speaker 2>But at the same time, fear is absolutely a tactic

1237
01:04:37.320 --> 01:04:40.360
<v Speaker 2>that will make people buy stuff or not just the

1238
01:04:40.360 --> 01:04:41.239
<v Speaker 2>fear of missing.

1239
01:04:40.960 --> 01:04:41.519
<v Speaker 3>Out, but like.

1240
01:04:43.880 --> 01:04:44.840
<v Speaker 4>Thrilling fear of it.

1241
01:04:45.119 --> 01:04:47.519
<v Speaker 3>Well not even that, let's say like there's impending doom

1242
01:04:47.840 --> 01:04:50.239
<v Speaker 3>that they want you to feel like if you don't

1243
01:04:50.239 --> 01:04:53.079
<v Speaker 3>have this item in your house, then what are you

1244
01:04:53.159 --> 01:04:56.280
<v Speaker 3>gonna do when X, Y or Z happens? What will

1245
01:04:56.320 --> 01:04:58.639
<v Speaker 3>you do? It's it's all a part of it.

1246
01:04:59.119 --> 01:05:03.800
<v Speaker 4>I do like the because, like so patriot patriot Emeris,

1247
01:05:03.920 --> 01:05:06.800
<v Speaker 4>there's a couple of them. They they have a very

1248
01:05:06.840 --> 01:05:10.679
<v Speaker 4>intense fear market scheme that they do. I don't want

1249
01:05:10.800 --> 01:05:12.559
<v Speaker 4>I don't want to say scheme because I actually own

1250
01:05:12.679 --> 01:05:15.239
<v Speaker 4>quite a bit of their products and stuff, Because I

1251
01:05:15.239 --> 01:05:17.519
<v Speaker 4>will say, there is a couple of companies that actually

1252
01:05:17.559 --> 01:05:20.199
<v Speaker 4>have dairy and gluten free products that you can get

1253
01:05:20.679 --> 01:05:22.360
<v Speaker 4>as MRIs and shelf Life.

1254
01:05:22.719 --> 01:05:25.960
<v Speaker 5>Really, yes, yes, there is actually.

1255
01:05:25.920 --> 01:05:30.159
<v Speaker 4>Uh US based companies that are operating owned in the

1256
01:05:30.280 --> 01:05:34.119
<v Speaker 4>US that have gluten and dairy free options and also

1257
01:05:34.320 --> 01:05:39.440
<v Speaker 4>regular Emris cans they sell, They sell generator stuff, they

1258
01:05:39.480 --> 01:05:42.320
<v Speaker 4>sell water stuff, they sell all sorts of stuff for

1259
01:05:42.519 --> 01:05:47.119
<v Speaker 4>like any kind of apocalyptic situation, just as super sid.

1260
01:05:47.559 --> 01:05:51.639
<v Speaker 4>But their actual like motto sometimes is super heavy and

1261
01:05:51.679 --> 01:05:54.519
<v Speaker 4>fear based, the way that they use their graphics, the

1262
01:05:54.559 --> 01:05:57.360
<v Speaker 4>way that it's like super red, and like you're like, well,

1263
01:05:57.480 --> 01:06:00.480
<v Speaker 4>fuck if I don't get this right now, what happens

1264
01:06:00.480 --> 01:06:04.320
<v Speaker 4>if tomorrow there's a hurricane and I'm left without all

1265
01:06:04.400 --> 01:06:06.159
<v Speaker 4>of this. I need this right now, and look at

1266
01:06:06.159 --> 01:06:08.480
<v Speaker 4>this great deal. I will say, though, they do you

1267
01:06:08.519 --> 01:06:11.639
<v Speaker 4>have really good deals. Actually they're not just like trying

1268
01:06:11.639 --> 01:06:14.239
<v Speaker 4>to screw you over. They actually have really good deals.

1269
01:06:14.199 --> 01:06:17.760
<v Speaker 2>Right, And I mean for a company that's selling survival

1270
01:06:18.480 --> 01:06:21.280
<v Speaker 2>gear for lack of better words, it would make sense

1271
01:06:21.320 --> 01:06:23.440
<v Speaker 2>that they're trying to appeal to more of the fear

1272
01:06:23.480 --> 01:06:26.400
<v Speaker 2>based sales tactic. And I'm not saying that that that's

1273
01:06:26.440 --> 01:06:29.920
<v Speaker 2>predatory of them by any means. No, no, no, in that market,

1274
01:06:30.039 --> 01:06:32.440
<v Speaker 2>that would make perfect sense to me as opposed to

1275
01:06:33.039 --> 01:06:35.000
<v Speaker 2>you know, you're not gonna get a fear based sales

1276
01:06:35.000 --> 01:06:37.360
<v Speaker 2>tactic when it comes to like buying a craftsman tool.

1277
01:06:38.039 --> 01:06:41.440
<v Speaker 2>You know, it might be an annoyance fear like what

1278
01:06:41.599 --> 01:06:44.159
<v Speaker 2>happens when you're reaching for this one part of this

1279
01:06:44.239 --> 01:06:46.119
<v Speaker 2>motor and you can't reach it because you don't have

1280
01:06:46.199 --> 01:06:49.079
<v Speaker 2>this specific craftsman tool. It's not a fear thing. It's

1281
01:06:49.079 --> 01:06:50.960
<v Speaker 2>more of like a like you said, it's the ease thing.

1282
01:06:51.000 --> 01:06:51.920
<v Speaker 2>It's a comfort thing.

1283
01:06:52.760 --> 01:06:55.000
<v Speaker 4>But I would love to base like I would love

1284
01:06:55.039 --> 01:06:57.719
<v Speaker 4>to get with them and be able to like help

1285
01:06:57.840 --> 01:07:01.920
<v Speaker 4>them spread the word because they're actuallyually a veteran owned

1286
01:07:01.920 --> 01:07:02.599
<v Speaker 4>company too.

1287
01:07:03.079 --> 01:07:04.960
<v Speaker 3>Shit, we might reach out to them, we might work

1288
01:07:05.039 --> 01:07:05.840
<v Speaker 3>out awesome.

1289
01:07:06.039 --> 01:07:07.079
<v Speaker 4>That'd be so awesome.

1290
01:07:07.320 --> 01:07:09.119
<v Speaker 3>I have talked about this for a while.

1291
01:07:09.559 --> 01:07:13.760
<v Speaker 2>I would love to do a Cult of Conspiracy survival

1292
01:07:14.760 --> 01:07:18.079
<v Speaker 2>implement that could fit in your wallet. And I've actually

1293
01:07:18.079 --> 01:07:20.559
<v Speaker 2>got a couple of blueprints drawn out of like a

1294
01:07:21.000 --> 01:07:23.320
<v Speaker 2>pretty much the only thing this thing won't provide for.

1295
01:07:23.280 --> 01:07:24.079
<v Speaker 3>You is shelter.

1296
01:07:25.920 --> 01:07:27.000
<v Speaker 4>That's actually pretty cool.

1297
01:07:27.360 --> 01:07:29.639
<v Speaker 3>Yeah, you know what, good cult members. Keep your eye

1298
01:07:29.679 --> 01:07:30.159
<v Speaker 3>out for that one.

1299
01:07:30.199 --> 01:07:32.400
<v Speaker 2>It won't be ready for this Christmas season, but hopefully

1300
01:07:32.400 --> 01:07:36.119
<v Speaker 2>for Christmas the twenty twenty six, we'll have some survival

1301
01:07:36.239 --> 01:07:37.960
<v Speaker 2>let's just call it a survival.

1302
01:07:37.559 --> 01:07:39.559
<v Speaker 3>Card and we'll leave it at that.

1303
01:07:40.119 --> 01:07:44.440
<v Speaker 2>But this thing, we'll have fishing line, snares, fishing hooks,

1304
01:07:44.639 --> 01:07:49.760
<v Speaker 2>a blade, a firestarter, and baking bags, which, believe it

1305
01:07:49.840 --> 01:07:51.920
<v Speaker 2>or not, you can actually boil water in up to

1306
01:07:51.960 --> 01:07:54.639
<v Speaker 2>five times before the toxins from the plastics start to

1307
01:07:54.679 --> 01:07:57.599
<v Speaker 2>leach into the water. So pretty much this thing will

1308
01:07:57.639 --> 01:08:00.119
<v Speaker 2>be a one stop shop for getting you out out

1309
01:08:00.119 --> 01:08:01.920
<v Speaker 2>of a jam if you find yourself in one.

1310
01:08:02.239 --> 01:08:04.159
<v Speaker 3>Except for shelter, you're going to be on your own

1311
01:08:04.159 --> 01:08:04.559
<v Speaker 3>for that one.

1312
01:08:04.599 --> 01:08:08.119
<v Speaker 2>I can't fit that into a wallet, I'm sorry, but anyway,

1313
01:08:08.239 --> 01:08:12.119
<v Speaker 2>keep your eye for that one. Moving on, the cognitive processes,

1314
01:08:12.679 --> 01:08:17.399
<v Speaker 2>Consumer behavior is influenced by cognitive processes, including perception, learning,

1315
01:08:17.439 --> 01:08:21.039
<v Speaker 2>and memory. Perception refers to how individuals interpret and make

1316
01:08:21.159 --> 01:08:25.199
<v Speaker 2>sense of the world around them. Marketers often utilize sensory cues,

1317
01:08:25.359 --> 01:08:30.159
<v Speaker 2>such as appealing visuals or catchy jingles to shape consumers' perceptions.

1318
01:08:29.520 --> 01:08:30.760
<v Speaker 3>On their products or brands.

1319
01:08:31.159 --> 01:08:34.600
<v Speaker 2>Learning refers to the process of acquiring knowledge and skills

1320
01:08:34.640 --> 01:08:39.039
<v Speaker 2>through experience, which can influence future purchasing decisions. Memory, both

1321
01:08:39.079 --> 01:08:42.159
<v Speaker 2>short and long term, plays a role in consumer behavior

1322
01:08:42.199 --> 01:08:46.640
<v Speaker 2>by affecting brand recall and recognition. Advertisements that create memorable

1323
01:08:46.680 --> 01:08:51.800
<v Speaker 2>experiences or utilized repetition can enhance brand memory and influence

1324
01:08:51.840 --> 01:08:55.560
<v Speaker 2>purchasing decisions. Yeah, no doubt, no doubt, I guarantee there's

1325
01:08:55.560 --> 01:08:58.760
<v Speaker 2>a catchy jingle that you remember from a commercial growing

1326
01:08:58.840 --> 01:09:01.239
<v Speaker 2>up that is still stuck in your head to this day.

1327
01:09:01.640 --> 01:09:04.920
<v Speaker 2>Even the ones that are really bad, purposely bad, like

1328
01:09:06.199 --> 01:09:10.239
<v Speaker 2>what's that one head on had on applied directly to

1329
01:09:10.319 --> 01:09:10.960
<v Speaker 2>the forehead.

1330
01:09:11.279 --> 01:09:12.680
<v Speaker 3>It was a horrible commercial.

1331
01:09:12.720 --> 01:09:15.560
<v Speaker 2>And they even made a commercial to goof on how

1332
01:09:15.560 --> 01:09:18.680
<v Speaker 2>bad of a commercial it was. Because it was so simplistic,

1333
01:09:18.960 --> 01:09:21.159
<v Speaker 2>you like would always remember what it was.

1334
01:09:22.199 --> 01:09:24.600
<v Speaker 4>I'm not gonna lie to you. We were QVC people.

1335
01:09:25.960 --> 01:09:26.840
<v Speaker 3>I don't know what that is.

1336
01:09:27.279 --> 01:09:28.880
<v Speaker 5>You don't know what QBC is.

1337
01:09:29.359 --> 01:09:29.880
<v Speaker 3>What's happening?

1338
01:09:30.359 --> 01:09:32.520
<v Speaker 5>You don't remember the change? They still have it today.

1339
01:09:32.600 --> 01:09:36.479
<v Speaker 4>They have a channel on regular cable TV that nothing

1340
01:09:36.800 --> 01:09:40.680
<v Speaker 4>all day long. All it is is consumerism, Like it

1341
01:09:40.760 --> 01:09:44.359
<v Speaker 4>literally is the shopping channel. The shopping channel.

1342
01:09:44.359 --> 01:09:47.319
<v Speaker 3>Do you want to give me about your knickknack purchases?

1343
01:09:47.399 --> 01:09:49.319
<v Speaker 2>Saying it's not a white woman thing and y'all grew

1344
01:09:49.399 --> 01:09:50.720
<v Speaker 2>up on the QVC channel.

1345
01:09:50.720 --> 01:09:52.000
<v Speaker 3>I want to hear your shit, Raven.

1346
01:09:52.439 --> 01:09:58.159
<v Speaker 4>Oh my dad loved it, Okay, why because we got

1347
01:09:58.159 --> 01:10:00.600
<v Speaker 4>some really cool shit off of it up.

1348
01:10:00.680 --> 01:10:01.399
<v Speaker 3>Oh my god.

1349
01:10:01.600 --> 01:10:04.239
<v Speaker 4>We had these really cool tables to like, you know,

1350
01:10:04.479 --> 01:10:07.079
<v Speaker 4>his little pop up tables to eat, like if you're

1351
01:10:07.119 --> 01:10:09.079
<v Speaker 4>watching TV, like tea trade tables.

1352
01:10:09.439 --> 01:10:11.359
<v Speaker 5>But they had like cool cup holders.

1353
01:10:11.720 --> 01:10:12.439
<v Speaker 4>They were legit.

1354
01:10:12.520 --> 01:10:14.520
<v Speaker 5>We had them, no joke for like twenty years.

1355
01:10:14.640 --> 01:10:15.159
<v Speaker 4>They're great.

1356
01:10:15.960 --> 01:10:18.439
<v Speaker 3>Don't grew up very different? You and I? We we

1357
01:10:18.560 --> 01:10:19.920
<v Speaker 3>I know what the channel you're talking about.

1358
01:10:20.039 --> 01:10:21.880
<v Speaker 2>I never watched it because it was shit that either

1359
01:10:21.920 --> 01:10:24.199
<v Speaker 2>A I couldn't afford or be my parents weren't gonna

1360
01:10:24.199 --> 01:10:26.399
<v Speaker 2>buy for me. So it was that was not a

1361
01:10:26.439 --> 01:10:28.479
<v Speaker 2>thing when we wanted to watch stuff that we could

1362
01:10:28.479 --> 01:10:30.199
<v Speaker 2>never afford, but we like wanted to dream about.

1363
01:10:30.199 --> 01:10:31.840
<v Speaker 3>We'd watched the Barrett Jackson auction.

1364
01:10:32.119 --> 01:10:35.319
<v Speaker 4>You know that was our care Yeah, I've seen that. No,

1365
01:10:35.520 --> 01:10:38.399
<v Speaker 4>I mean we didn't buy often from there. We did

1366
01:10:38.479 --> 01:10:40.800
<v Speaker 4>buy like here and there, things, and they had like

1367
01:10:40.840 --> 01:10:45.479
<v Speaker 4>those super flash sales again appealing to people like you're

1368
01:10:45.640 --> 01:10:48.359
<v Speaker 4>only a limited amount of time. People like, let's go,

1369
01:10:48.520 --> 01:10:52.199
<v Speaker 4>let's go, let's go. And that got people really like

1370
01:10:52.399 --> 01:10:53.600
<v Speaker 4>jazz that to want to buy.

1371
01:10:53.600 --> 01:10:56.640
<v Speaker 5>And you're on the phone old school like typing on

1372
01:10:56.680 --> 01:10:59.359
<v Speaker 5>the phone, what's the what's the code?

1373
01:10:59.600 --> 01:11:01.920
<v Speaker 4>Okay, you got a tape and like one of somebody's

1374
01:11:01.960 --> 01:11:04.640
<v Speaker 4>watching TV to yell over to the person that's hooked

1375
01:11:04.720 --> 01:11:08.439
<v Speaker 4>up to the wall on the phone like oh oh yeah,

1376
01:11:08.520 --> 01:11:10.760
<v Speaker 4>Like it was a whole thing, had your pin ready,

1377
01:11:10.920 --> 01:11:12.960
<v Speaker 4>Like it was a whole thing.

1378
01:11:13.439 --> 01:11:16.600
<v Speaker 5>And we only I can only think of like maybe ten.

1379
01:11:16.479 --> 01:11:20.840
<v Speaker 4>Things totally ever bought, but that like intense because it

1380
01:11:20.920 --> 01:11:23.199
<v Speaker 4>was like it was all three of us were like,

1381
01:11:23.279 --> 01:11:28.760
<v Speaker 4>oh my god, we got it. Looking back, maybe I

1382
01:11:28.800 --> 01:11:31.520
<v Speaker 4>fell victim to the consumerism as I was growing up.

1383
01:11:31.880 --> 01:11:34.399
<v Speaker 2>I think there was one thing that I can remember.

1384
01:11:34.680 --> 01:11:35.800
<v Speaker 2>It was on the shopping channel.

1385
01:11:35.800 --> 01:11:38.359
<v Speaker 3>It was a commercial that played on Nickelodeon and Cartoon

1386
01:11:38.399 --> 01:11:39.199
<v Speaker 3>Network all the time.

1387
01:11:39.239 --> 01:11:43.119
<v Speaker 2>It was these shoes that had these pop out skates

1388
01:11:43.720 --> 01:11:44.760
<v Speaker 2>out of the toe and out of.

1389
01:11:44.720 --> 01:11:46.079
<v Speaker 4>The You never got one.

1390
01:11:46.760 --> 01:11:50.000
<v Speaker 2>You didn't miss much because those shoes were heavy as

1391
01:11:50.119 --> 01:11:54.079
<v Speaker 2>fuck and it was basically platform shoes, Like it gave

1392
01:11:54.119 --> 01:11:56.159
<v Speaker 2>you an extra three inches of height because that's the

1393
01:11:56.159 --> 01:11:58.800
<v Speaker 2>only way the little mechanism could swing in. And like, yeah,

1394
01:11:58.800 --> 01:12:02.000
<v Speaker 2>you're walking around with these odd hoppers on and then

1395
01:12:02.159 --> 01:12:05.359
<v Speaker 2>you try to pump out the little wheels. They weren't

1396
01:12:05.359 --> 01:12:07.880
<v Speaker 2>the best, Like I had roller blades that were way

1397
01:12:07.880 --> 01:12:11.760
<v Speaker 2>better than this. But yeah, when I was let's see,

1398
01:12:11.760 --> 01:12:13.159
<v Speaker 2>I was still living in bad Rouge at the time,

1399
01:12:13.199 --> 01:12:17.000
<v Speaker 2>so we're talking about when I was like six, Yeah,

1400
01:12:17.079 --> 01:12:20.319
<v Speaker 2>something like that. These shoes were the shit for all

1401
01:12:20.359 --> 01:12:23.159
<v Speaker 2>of about a week, and then I went in the

1402
01:12:23.199 --> 01:12:24.520
<v Speaker 2>mud with them one day because I was like, bro,

1403
01:12:24.600 --> 01:12:27.520
<v Speaker 2>these are basically boots. These are basically boots. So I

1404
01:12:27.520 --> 01:12:29.479
<v Speaker 2>went in the mud with them. The wheels never worked

1405
01:12:29.520 --> 01:12:32.079
<v Speaker 2>again after that. My parents were so pissed, and that

1406
01:12:32.199 --> 01:12:34.039
<v Speaker 2>was the only time that I was ever able to

1407
01:12:34.119 --> 01:12:36.159
<v Speaker 2>convince them to buy something off.

1408
01:12:36.000 --> 01:12:38.199
<v Speaker 3>The TV with the one eight hundred number and the

1409
01:12:38.199 --> 01:12:40.000
<v Speaker 3>whole nine. Yeah, it was a.

1410
01:12:40.039 --> 01:12:45.439
<v Speaker 2>Short lived glory with those shoes. But anyway, anyway, so

1411
01:12:45.560 --> 01:12:49.720
<v Speaker 2>now let's go to decision making strategies. Consumers employed different

1412
01:12:49.760 --> 01:12:53.159
<v Speaker 2>decision making strategies when making purchases. Some consumers are more

1413
01:12:53.239 --> 01:12:57.560
<v Speaker 2>rational and deliberate, carefully evaluating the available options before making

1414
01:12:57.560 --> 01:13:01.439
<v Speaker 2>a decision. Others may rely on I don't even know

1415
01:13:01.479 --> 01:13:03.720
<v Speaker 2>that word. I don't want to mispronounce it and say,

1416
01:13:03.800 --> 01:13:06.199
<v Speaker 2>houristic heuristic?

1417
01:13:07.159 --> 01:13:11.039
<v Speaker 3>Is that supposed to be? I don't know h E

1418
01:13:11.319 --> 01:13:15.720
<v Speaker 3>U R I S T I C S heuristic.

1419
01:13:15.760 --> 01:13:18.039
<v Speaker 4>I'm dyslexic. I can't he with you?

1420
01:13:18.079 --> 01:13:20.199
<v Speaker 3>Maybe heuristic? I don't. I don't know.

1421
01:13:22.119 --> 01:13:26.880
<v Speaker 2>Sure, mental shortcuts. There we go. Now, now that's gonna

1422
01:13:26.880 --> 01:13:28.239
<v Speaker 2>fuck with me. I'm gonna have to look up what

1423
01:13:28.279 --> 01:13:32.159
<v Speaker 2>that word means, because that's that's great. That sounds like

1424
01:13:32.199 --> 01:13:35.399
<v Speaker 2>a very elevated word. It's probably not. It's probably very

1425
01:13:35.399 --> 01:13:38.880
<v Speaker 2>plebe and I'm just retarded, but whatever. Others may rely

1426
01:13:39.000 --> 01:13:43.000
<v Speaker 2>on mental shortcuts to simplify the decision making process. Understanding

1427
01:13:43.039 --> 01:13:46.439
<v Speaker 2>these strategies can help businesses tailor their marketing messages accordingly.

1428
01:13:46.560 --> 01:13:50.880
<v Speaker 2>For example, offering detailed product descriptions and comparisons can appeal

1429
01:13:50.920 --> 01:13:54.359
<v Speaker 2>to consumers who prefer a rational decision making approach, while

1430
01:13:54.399 --> 01:13:59.680
<v Speaker 2>emphasizing simplicity and convenience can attract consumers who rely on heuristics.

1431
01:14:00.479 --> 01:14:03.079
<v Speaker 2>I think that might be pronouncing in that correctly.

1432
01:14:03.119 --> 01:14:03.560
<v Speaker 3>I don't know.

1433
01:14:04.439 --> 01:14:09.239
<v Speaker 2>Consumer behavior is a complex and multifaceted phenomenon. By exploring

1434
01:14:09.359 --> 01:14:13.199
<v Speaker 2>the psychology behind consumption, we can gain valuable insights into

1435
01:14:13.279 --> 01:14:17.600
<v Speaker 2>factors that influence consumer decision making. Cultural and social influences,

1436
01:14:17.760 --> 01:14:22.760
<v Speaker 2>motivations and needs, emotional influences, cognitive processes, and decision making

1437
01:14:22.800 --> 01:14:26.319
<v Speaker 2>strategies all play a significant role in shaping consumer behavior.

1438
01:14:26.560 --> 01:14:30.239
<v Speaker 2>By understanding these dynamics, businesses can better understand their target

1439
01:14:30.279 --> 01:14:33.880
<v Speaker 2>audience and develop effective marketing strategies that resonate with consumers

1440
01:14:34.039 --> 01:14:35.119
<v Speaker 2>on a deeper level.

1441
01:14:35.600 --> 01:14:37.760
<v Speaker 3>Now, couple that with all the shit that goes on

1442
01:14:37.840 --> 01:14:38.760
<v Speaker 3>during Black Friday.

1443
01:14:39.159 --> 01:14:43.319
<v Speaker 4>Yeah, I actually have I actually have a like two

1444
01:14:43.399 --> 01:14:44.800
<v Speaker 4>more other things to add to that.

1445
01:14:45.199 --> 01:14:47.920
<v Speaker 5>Okay, so there is a few.

1446
01:14:48.039 --> 01:14:50.600
<v Speaker 4>This article I'm going to read from I actually didn't

1447
01:14:50.600 --> 01:14:53.720
<v Speaker 4>have us pool up because it's massive. But it's called

1448
01:14:53.720 --> 01:14:57.800
<v Speaker 4>Black Friday consumer Behavior, what's today's shoppers want? And how

1449
01:14:57.840 --> 01:15:00.760
<v Speaker 4>brands should respond? And it's from twenty twenty five, and

1450
01:15:00.760 --> 01:15:03.600
<v Speaker 4>it was just written a few days ago. And this

1451
01:15:03.720 --> 01:15:08.079
<v Speaker 4>giant article is actually based on how to use all

1452
01:15:08.199 --> 01:15:13.119
<v Speaker 4>the digital information and to shift into getting better results

1453
01:15:13.159 --> 01:15:17.319
<v Speaker 4>for consumerism. Right now, this wasn't made for like normal

1454
01:15:17.359 --> 01:15:20.279
<v Speaker 4>people to just read. This is actually for companies, but

1455
01:15:20.720 --> 01:15:23.640
<v Speaker 4>I found this part to be really interesting. It breaks

1456
01:15:23.680 --> 01:15:27.760
<v Speaker 4>down gen Z millennials and boomers and how they are

1457
01:15:27.800 --> 01:15:31.399
<v Speaker 4>different coming into this holiday season versus how it's ever

1458
01:15:31.439 --> 01:15:31.960
<v Speaker 4>been before.

1459
01:15:32.640 --> 01:15:35.119
<v Speaker 2>I'm actually very interested to hear what this article has

1460
01:15:35.159 --> 01:15:37.960
<v Speaker 2>to say about that, because every time I've read something

1461
01:15:37.960 --> 01:15:41.479
<v Speaker 2>where it's like, uh, here's what millennials like, it's like

1462
01:15:41.760 --> 01:15:45.560
<v Speaker 2>completely off base. You remember those Chevy Equinox commercials where

1463
01:15:45.560 --> 01:15:47.600
<v Speaker 2>it was like supposed to be geared towards millennials and

1464
01:15:47.640 --> 01:15:49.399
<v Speaker 2>you had that it was like a spoof video that

1465
01:15:49.479 --> 01:15:51.920
<v Speaker 2>this guy was just talking shit on them the entire time,

1466
01:15:51.920 --> 01:15:53.319
<v Speaker 2>the Chevy Cruise and all that.

1467
01:15:54.319 --> 01:15:56.880
<v Speaker 4>No, I don't think I watched it, but oh.

1468
01:15:56.800 --> 01:15:58.439
<v Speaker 3>I'm gonna have to find that continue.

1469
01:15:59.119 --> 01:16:02.159
<v Speaker 4>So it says as gen Z approaches the season as

1470
01:16:02.199 --> 01:16:06.600
<v Speaker 4>a social and digital ex experience, they follow trends on TikTok,

1471
01:16:06.680 --> 01:16:10.000
<v Speaker 4>compare products through influencer reviews, and rely heavily on peer

1472
01:16:10.039 --> 01:16:16.359
<v Speaker 4>review recommendations before making purchases. From this group, authenticity matters

1473
01:16:16.399 --> 01:16:19.159
<v Speaker 4>more than aggressive discounts. They buy from brands that are

1474
01:16:19.159 --> 01:16:23.800
<v Speaker 4>aligned with their identity and communicate with transparency. For millennials,

1475
01:16:23.880 --> 01:16:27.439
<v Speaker 4>we are value driven and practical. They tend to research

1476
01:16:27.520 --> 01:16:32.279
<v Speaker 4>more deeply before buying, balancing quality, prices and ethics. They

1477
01:16:32.319 --> 01:16:37.319
<v Speaker 4>appreciate personalized recommendations, loyalty rewards, and flexible payment options. To

1478
01:16:37.399 --> 01:16:40.640
<v Speaker 4>win them over, brands need to show consistency, not gimmicks.

1479
01:16:41.319 --> 01:16:43.800
<v Speaker 4>For boomers, on the other hand, they still enjoy the

1480
01:16:43.840 --> 01:16:48.760
<v Speaker 4>traditional shopping experience but have increasingly embraced e commerce conveniency.

1481
01:16:49.039 --> 01:16:53.239
<v Speaker 4>They look for trust, reliability, and straightforward communication. They respond

1482
01:16:53.239 --> 01:16:57.840
<v Speaker 4>well to clear pricing, simple navigation, and accessible customer support.

1483
01:16:58.199 --> 01:17:01.399
<v Speaker 4>Knowing how each of the generation makes decisions will help

1484
01:17:01.479 --> 01:17:06.159
<v Speaker 4>you adapt, adopt and adapt to your tune and creative approach,

1485
01:17:06.399 --> 01:17:11.560
<v Speaker 4>and even police placement of connective and more effective shopping.

1486
01:17:12.359 --> 01:17:15.359
<v Speaker 5>And so pretty much like this whole article breaks down.

1487
01:17:15.439 --> 01:17:18.239
<v Speaker 4>It's like it's breaks down everything you need to know

1488
01:17:18.279 --> 01:17:22.720
<v Speaker 4>about how to get this twenty twenty five's consumers to

1489
01:17:22.920 --> 01:17:25.439
<v Speaker 4>buy Verse, how it's ever been before.

1490
01:17:26.199 --> 01:17:28.920
<v Speaker 3>I think there's yes, that's a thing for sure.

1491
01:17:29.439 --> 01:17:31.399
<v Speaker 2>A lot of millennials are looking for what like the

1492
01:17:31.520 --> 01:17:34.840
<v Speaker 2>influencer is saying about this new vehicle before they buy,

1493
01:17:34.920 --> 01:17:37.279
<v Speaker 2>or this new product or this new restaurant or whatever else.

1494
01:17:37.319 --> 01:17:39.880
<v Speaker 2>They're like watching the TikTok to see what it says,

1495
01:17:40.319 --> 01:17:43.960
<v Speaker 2>yea even than not, though that is incorrect.

1496
01:17:44.680 --> 01:17:45.720
<v Speaker 4>TikTok can be lyon.

1497
01:17:46.399 --> 01:17:49.720
<v Speaker 2>So does the instagrams, so does the facebooks and all

1498
01:17:49.760 --> 01:17:52.199
<v Speaker 2>the things to that point. Actually, I'm gonna go ahead

1499
01:17:52.199 --> 01:17:54.880
<v Speaker 2>and show this commercial. It is, Uh, it's amazing.

1500
01:17:55.279 --> 01:17:58.239
<v Speaker 3>This guy, this guy right here, he's like, he's my

1501
01:17:58.279 --> 01:18:01.199
<v Speaker 3>whole soul. I'm gonna be honest, if quote.

1502
01:18:01.039 --> 01:18:05.239
<v Speaker 2>Unquote real people, commercials were real life the Chevy millennials,

1503
01:18:05.399 --> 01:18:08.119
<v Speaker 2>so this was and this is a real commercial. This

1504
01:18:08.159 --> 01:18:11.560
<v Speaker 2>guy super imposed himself into it and was answering all

1505
01:18:11.600 --> 01:18:14.319
<v Speaker 2>the dumb shit. So they basically got this whole group

1506
01:18:14.359 --> 01:18:19.039
<v Speaker 2>of millennials in here to see if this car resonated

1507
01:18:19.079 --> 01:18:21.359
<v Speaker 2>with them, and this guy, who's also a millennial, basically

1508
01:18:21.399 --> 01:18:23.359
<v Speaker 2>just shit on everyone the entire time.

1509
01:18:23.399 --> 01:18:25.960
<v Speaker 3>It's phenomenal. Check this out. Welcome.

1510
01:18:26.520 --> 01:18:28.439
<v Speaker 1>Hey, yeah, god, I wish you would have busted your

1511
01:18:28.479 --> 01:18:30.520
<v Speaker 1>ass right there. Let's me let me see it so

1512
01:18:30.560 --> 01:18:32.039
<v Speaker 1>I can already tell I'm gonna hate this.

1513
01:18:32.279 --> 01:18:35.199
<v Speaker 8>Hi guys, thanks for coming. Since you guys are millennials.

1514
01:18:34.960 --> 01:18:37.199
<v Speaker 1>MTA stop you right there, patch, I am not a millennial.

1515
01:18:37.399 --> 01:18:39.479
<v Speaker 1>I mean no offense. I love the Peppy Lebew.

1516
01:18:39.560 --> 01:18:40.359
<v Speaker 3>Look, yeah, you.

1517
01:18:40.319 --> 01:18:41.800
<v Speaker 1>See what I mean, Potch. They don't even know who

1518
01:18:41.800 --> 01:18:44.800
<v Speaker 1>Pepe Lapew is. Yeah, he's a cartoon rapist. Dollar.

1519
01:18:45.119 --> 01:18:47.319
<v Speaker 9>We want to get your honest reactions to a possible

1520
01:18:47.319 --> 01:18:49.479
<v Speaker 9>TV ad we might use to introduce the all new

1521
01:18:49.479 --> 01:18:50.880
<v Speaker 9>twenty sixteen Chevy Crews.

1522
01:18:51.119 --> 01:18:53.800
<v Speaker 8>It's designed specifically for you, guys, So.

1523
01:18:53.720 --> 01:18:56.000
<v Speaker 1>What does that mean? It gets easily offended and complains

1524
01:18:56.039 --> 01:18:56.720
<v Speaker 1>about everything.

1525
01:18:57.000 --> 01:18:58.960
<v Speaker 9>First of all, the commercial will be about a bunch

1526
01:18:59.000 --> 01:19:03.840
<v Speaker 9>of free spirited millennial who all have beards and tattoos.

1527
01:19:03.880 --> 01:19:04.960
<v Speaker 1>Too cliche.

1528
01:19:05.239 --> 01:19:08.279
<v Speaker 9>Not everybody has tattoos, not everybody's peers, Not everybody has

1529
01:19:08.319 --> 01:19:08.600
<v Speaker 9>a beard.

1530
01:19:08.720 --> 01:19:10.600
<v Speaker 1>Have you looked in the mirror lately? Because you have

1531
01:19:10.720 --> 01:19:13.520
<v Speaker 1>all three of those things? Nice tic tac toe tattooed

1532
01:19:13.520 --> 01:19:15.000
<v Speaker 1>there By the way, I guess I'll take exit.

1533
01:19:15.079 --> 01:19:17.399
<v Speaker 8>Since you got is see an open field?

1534
01:19:17.920 --> 01:19:18.560
<v Speaker 1>You gotta dance.

1535
01:19:18.600 --> 01:19:19.359
<v Speaker 3>It's a little weird.

1536
01:19:19.479 --> 01:19:20.760
<v Speaker 8>That's not what you do. Do you even say this

1537
01:19:20.840 --> 01:19:21.520
<v Speaker 8>image is on flee?

1538
01:19:21.720 --> 01:19:21.800
<v Speaker 3>No?

1539
01:19:21.880 --> 01:19:23.720
<v Speaker 1>I would say I hate you for using that word.

1540
01:19:24.000 --> 01:19:26.880
<v Speaker 8>Not it okay? At an impromptu beach party?

1541
01:19:28.119 --> 01:19:31.359
<v Speaker 1>No no, no, no no, don't act like you guys.

1542
01:19:31.439 --> 01:19:33.159
<v Speaker 1>Don't go to a drum circle every week.

1543
01:19:33.720 --> 01:19:35.239
<v Speaker 8>How were you not doing this every day all day?

1544
01:19:35.239 --> 01:19:36.960
<v Speaker 4>Look, I work like six days a week.

1545
01:19:37.000 --> 01:19:38.680
<v Speaker 1>I mean, someone's gonna make that Lotte, right.

1546
01:19:39.000 --> 01:19:40.359
<v Speaker 3>We all got to go to work at some point.

1547
01:19:40.600 --> 01:19:40.800
<v Speaker 8>Oh.

1548
01:19:41.000 --> 01:19:43.880
<v Speaker 1>I always wonder what happened to Jimirokwai. It's good to

1549
01:19:43.920 --> 01:19:46.319
<v Speaker 1>know you still find a word. You're like a DJ

1550
01:19:46.520 --> 01:19:47.199
<v Speaker 1>now or something.

1551
01:19:47.520 --> 01:19:50.039
<v Speaker 4>Is this what everyone thinks of our generation?

1552
01:19:50.640 --> 01:19:50.920
<v Speaker 1>Yes?

1553
01:19:51.479 --> 01:19:52.399
<v Speaker 8>I find that insulted.

1554
01:19:52.439 --> 01:19:54.720
<v Speaker 1>It's making us all look the same and we're all

1555
01:19:54.920 --> 01:19:58.680
<v Speaker 1>unique individuals. Oh my god, look at these two fresh

1556
01:19:58.800 --> 01:20:00.840
<v Speaker 1>off the mountain with the broken back. I see Hey,

1557
01:20:00.840 --> 01:20:03.319
<v Speaker 1>look everybody, it's why a dirping car call and a.

1558
01:20:03.640 --> 01:20:05.119
<v Speaker 8>That's so like jumping in lakes?

1559
01:20:05.199 --> 01:20:05.439
<v Speaker 1>Why?

1560
01:20:05.840 --> 01:20:08.119
<v Speaker 8>This is a typical day in the life of a millennium.

1561
01:20:08.359 --> 01:20:12.159
<v Speaker 1>But so again, I'm not a millennial. I'm a generation y. Like,

1562
01:20:12.560 --> 01:20:14.800
<v Speaker 1>why am I here right now? Oh my god, I

1563
01:20:14.880 --> 01:20:17.720
<v Speaker 1>just looked it up. I am a millennial. I hate

1564
01:20:17.760 --> 01:20:21.960
<v Speaker 1>myself now, Oh my god, Well have been a generation.

1565
01:20:21.800 --> 01:20:25.640
<v Speaker 9>Y com merciall ends with an epic millennial breakdance party

1566
01:20:25.640 --> 01:20:27.000
<v Speaker 9>in a gritty inner city alley.

1567
01:20:27.399 --> 01:20:29.479
<v Speaker 8>This is not a thing. No, I wouldn't say why not?

1568
01:20:29.920 --> 01:20:31.760
<v Speaker 3>It's offensive. It's a little contrived to me.

1569
01:20:31.880 --> 01:20:33.039
<v Speaker 1>You know what I like it?

1570
01:20:33.760 --> 01:20:35.520
<v Speaker 4>Not every single person has to have a beer.

1571
01:20:35.640 --> 01:20:38.239
<v Speaker 8>No, no, I have to take off my tattoos now.

1572
01:20:38.239 --> 01:20:40.079
<v Speaker 1>Yes, especially the one to enact that looks like a

1573
01:20:40.119 --> 01:20:40.880
<v Speaker 1>limp penis.

1574
01:20:41.039 --> 01:20:42.880
<v Speaker 3>The car should be the star.

1575
01:20:43.079 --> 01:20:45.640
<v Speaker 1>It's not about the people on then what's the price?

1576
01:20:45.720 --> 01:20:47.520
<v Speaker 3>What are the options? What are the features?

1577
01:20:47.600 --> 01:20:49.199
<v Speaker 9>What you're saying is you don't want us to build

1578
01:20:49.199 --> 01:20:50.680
<v Speaker 9>an ad that appeals to you.

1579
01:20:51.039 --> 01:20:53.000
<v Speaker 8>You want us to build a car that appeals to you.

1580
01:20:53.000 --> 01:20:54.479
<v Speaker 1>Know what we like is for you to build a

1581
01:20:54.479 --> 01:20:57.399
<v Speaker 1>car that's not a complete piece of trash. Don't check

1582
01:20:57.439 --> 01:21:00.800
<v Speaker 1>it out, big giant door. Let make there's a shitty

1583
01:21:00.880 --> 01:21:01.600
<v Speaker 1>car behind it.

1584
01:21:02.000 --> 01:21:04.239
<v Speaker 8>Yeah, this is the only twenty sixteen Chevy Cruise.

1585
01:21:05.039 --> 01:21:05.479
<v Speaker 1>No you don't.

1586
01:21:05.520 --> 01:21:06.159
<v Speaker 8>The Cruz lets you.

1587
01:21:06.159 --> 01:21:10.279
<v Speaker 9>Easily connect your iPhone and access your music, select apps, maps,

1588
01:21:10.319 --> 01:21:12.000
<v Speaker 9>and more with Applecarplay compatibility.

1589
01:21:12.119 --> 01:21:13.760
<v Speaker 1>So if you have Android, you just screwed.

1590
01:21:14.039 --> 01:21:17.760
<v Speaker 9>It also has available built in for Gltypely.

1591
01:21:17.119 --> 01:21:19.760
<v Speaker 4>What does what doesn't this car have?

1592
01:21:20.760 --> 01:21:29.119
<v Speaker 1>I'll tell you what this car doesn't have. Reliability, lasting quality, style, speed, safety, comfort,

1593
01:21:29.399 --> 01:21:33.800
<v Speaker 1>a good price, a good marketing team, consumers, any redeeming

1594
01:21:33.840 --> 01:21:35.520
<v Speaker 1>features at all. Really, I guess.

1595
01:21:35.439 --> 01:21:40.520
<v Speaker 3>Okay again, mock is kind of my spirit animal.

1596
01:21:41.199 --> 01:21:44.800
<v Speaker 4>I love that he's just like actually photoshopped in that

1597
01:21:44.920 --> 01:21:47.479
<v Speaker 4>because like not one of them heard him actually talking

1598
01:21:47.479 --> 01:21:48.000
<v Speaker 4>shit like that.

1599
01:21:48.399 --> 01:21:50.880
<v Speaker 2>No, no, God, that would have been horrible. And as

1600
01:21:50.920 --> 01:21:52.640
<v Speaker 2>like none all millennials are like that. It's like have

1601
01:21:52.720 --> 01:21:53.920
<v Speaker 2>you looked in a mirror lately?

1602
01:21:53.960 --> 01:21:57.399
<v Speaker 4>Bro, Like, oh my gosh.

1603
01:21:57.439 --> 01:21:59.680
<v Speaker 2>But to that point, that's that is what I think

1604
01:21:59.720 --> 01:22:03.000
<v Speaker 2>whenever for people, like we're marketing to millennials, it's like, oh,

1605
01:22:03.159 --> 01:22:07.520
<v Speaker 2>are you let's let's see what you think about our

1606
01:22:07.560 --> 01:22:11.279
<v Speaker 2>grouping here. Okay, that's gonna be it's gonna be great.

1607
01:22:11.680 --> 01:22:14.920
<v Speaker 4>Oh my gosh, well I'll let you. I was gonna

1608
01:22:14.920 --> 01:22:18.399
<v Speaker 4>do the endowment effect, but I don't. This is more

1609
01:22:18.520 --> 01:22:21.680
<v Speaker 4>or less put like, it's about digital and like how

1610
01:22:21.720 --> 01:22:24.960
<v Speaker 4>you pretty much put something in your digital cart and

1611
01:22:25.039 --> 01:22:27.239
<v Speaker 4>how it feels you imagine it.

1612
01:22:27.319 --> 01:22:30.840
<v Speaker 5>So this effect that people have so you like put

1613
01:22:30.840 --> 01:22:32.760
<v Speaker 5>something in your well, you don't have Amazon, but.

1614
01:22:32.960 --> 01:22:36.399
<v Speaker 4>However, you like had you I guess, go and scope

1615
01:22:36.439 --> 01:22:38.720
<v Speaker 4>something out of the pawn shop and you're like, I'm

1616
01:22:38.720 --> 01:22:40.159
<v Speaker 4>gonna get that next paycheck.

1617
01:22:40.199 --> 01:22:41.760
<v Speaker 5>And you go back and you're like, man, I can't.

1618
01:22:41.560 --> 01:22:42.920
<v Speaker 4>Get it yet. But I'm gonna do it again, and

1619
01:22:42.920 --> 01:22:45.760
<v Speaker 4>you keep you keep imagining, you start to imagine.

1620
01:22:45.319 --> 01:22:49.119
<v Speaker 5>Yourself with it. So this this effect.

1621
01:22:48.920 --> 01:22:51.920
<v Speaker 4>Actually is a part of consumerism, but like it's a

1622
01:22:51.920 --> 01:22:57.439
<v Speaker 4>weird underbelly because the cart itself for online stuff. You

1623
01:22:57.439 --> 01:22:59.159
<v Speaker 4>put it in your cart and you're like, hm, I

1624
01:22:59.159 --> 01:23:01.720
<v Speaker 4>get that warm, little fuzzy feeling, but hey, I'm not

1625
01:23:01.760 --> 01:23:03.680
<v Speaker 4>gonna buy it just yet. But then you start to

1626
01:23:03.680 --> 01:23:05.319
<v Speaker 4>think about it and like you kind of go back

1627
01:23:05.359 --> 01:23:07.079
<v Speaker 4>and look at it in a stage in your car,

1628
01:23:07.279 --> 01:23:09.000
<v Speaker 4>and you kind of look at it again, and like,

1629
01:23:09.279 --> 01:23:12.000
<v Speaker 4>over time you start to have the effect of like, well,

1630
01:23:12.000 --> 01:23:14.079
<v Speaker 4>I can already picture where it's gonna go in my house,

1631
01:23:14.119 --> 01:23:16.600
<v Speaker 4>Like I've already I've already pictured that, I've already I

1632
01:23:17.039 --> 01:23:19.319
<v Speaker 4>know what I'm gonna We're with it, and even though

1633
01:23:19.359 --> 01:23:21.840
<v Speaker 4>you don't need it, you end up buying it because

1634
01:23:22.399 --> 01:23:25.319
<v Speaker 4>you've already had it in your digital car and it's

1635
01:23:25.359 --> 01:23:28.560
<v Speaker 4>already taking up your imagination and your imagination has now

1636
01:23:28.640 --> 01:23:30.079
<v Speaker 4>imagined it in your life.

1637
01:23:30.600 --> 01:23:34.159
<v Speaker 2>Yeah, intering with Amazon, but I did that with wish

1638
01:23:34.199 --> 01:23:39.319
<v Speaker 2>dot com in like twenty seventeen, right, So like, listen,

1639
01:23:39.720 --> 01:23:43.880
<v Speaker 2>this is before it, this is back, this is years ago.

1640
01:23:44.199 --> 01:23:46.079
<v Speaker 4>And I've never purchased one thing off of there.

1641
01:23:46.279 --> 01:23:49.159
<v Speaker 2>Oh, that wasn't exactly my intention. I was just going

1642
01:23:49.199 --> 01:23:51.279
<v Speaker 2>on Wish just to see what was there. And everybody's like,

1643
01:23:51.319 --> 01:23:53.439
<v Speaker 2>it's like a cheap Amazon. It's all made in China,

1644
01:23:53.439 --> 01:23:56.079
<v Speaker 2>and it's like ridiculously cheap, but it takes forever to

1645
01:23:56.079 --> 01:23:57.960
<v Speaker 2>get to you. And I was like, sure, I'll download

1646
01:23:58.000 --> 01:23:59.920
<v Speaker 2>the app, I'll check it out, see what it's about.

1647
01:24:00.239 --> 01:24:04.159
<v Speaker 2>Whenever I, you know, discovered it was Chinese, realistically owned and.

1648
01:24:04.039 --> 01:24:05.239
<v Speaker 3>Operated, I deleted it.

1649
01:24:05.279 --> 01:24:06.479
<v Speaker 2>But I did have it on my phone for a

1650
01:24:06.479 --> 01:24:09.039
<v Speaker 2>few months, and so there I was just clicking and

1651
01:24:09.119 --> 01:24:12.600
<v Speaker 2>clicking away or tapping, i should say. And uh, my

1652
01:24:12.720 --> 01:24:14.640
<v Speaker 2>cart had like a hundred items in it, and it

1653
01:24:14.680 --> 01:24:16.760
<v Speaker 2>was the randomst shit. A lot of it was like

1654
01:24:16.880 --> 01:24:20.760
<v Speaker 2>costplay things. Some of it was just like stupid things.

1655
01:24:21.000 --> 01:24:23.600
<v Speaker 2>Right then, I looked at the price tag. It was

1656
01:24:23.680 --> 01:24:24.720
<v Speaker 2>like thirty.

1657
01:24:24.479 --> 01:24:28.680
<v Speaker 3>Dollars for everything, and I'm like, fucking purchase that now.

1658
01:24:29.079 --> 01:24:31.640
<v Speaker 2>But they all came at like weird times. They didn't

1659
01:24:31.680 --> 01:24:34.720
<v Speaker 2>come in one mass order. One thing would come like

1660
01:24:34.800 --> 01:24:36.960
<v Speaker 2>a month from now, one thing might come eight months

1661
01:24:37.000 --> 01:24:38.640
<v Speaker 2>from now. So it was like it was like a

1662
01:24:38.640 --> 01:24:41.159
<v Speaker 2>little Christmas present. Whenever it would show up, You're like,

1663
01:24:41.159 --> 01:24:43.199
<v Speaker 2>what is this thing? What's all this writing? You open

1664
01:24:43.239 --> 01:24:45.880
<v Speaker 2>and be like, Oh, that's the boots that I ordered.

1665
01:24:45.880 --> 01:24:48.119
<v Speaker 2>That's crazy. I forgot all about those those boots as

1666
01:24:48.119 --> 01:24:50.199
<v Speaker 2>a matter of fact, that I wear for like Renfest

1667
01:24:50.279 --> 01:24:52.359
<v Speaker 2>and stuff that was a wish dot Com order. As

1668
01:24:52.399 --> 01:24:54.399
<v Speaker 2>a matter of fact, most of my ensemble that I

1669
01:24:54.439 --> 01:24:57.239
<v Speaker 2>wear for Renfest is actually Wish dot Com orders from

1670
01:24:57.399 --> 01:24:57.840
<v Speaker 2>that time.

1671
01:24:57.920 --> 01:25:01.600
<v Speaker 4>Funny, but I have like lists, and that actually goes

1672
01:25:01.600 --> 01:25:03.560
<v Speaker 4>into we're not going to read about it because it's

1673
01:25:03.560 --> 01:25:05.479
<v Speaker 4>going to take forever if we do the digital stuff.

1674
01:25:05.520 --> 01:25:08.600
<v Speaker 4>But it talks about lists and how like I have

1675
01:25:08.760 --> 01:25:12.439
<v Speaker 4>lists inside of my Amazon Prime I have right now,

1676
01:25:12.479 --> 01:25:15.880
<v Speaker 4>I have my Christmas list, I have Birthday lists, I

1677
01:25:15.920 --> 01:25:18.840
<v Speaker 4>have my save for later. My cart has like forty

1678
01:25:18.840 --> 01:25:21.239
<v Speaker 4>five things in it. Why and has all of it?

1679
01:25:21.479 --> 01:25:22.079
<v Speaker 4>Who knows?

1680
01:25:22.399 --> 01:25:24.000
<v Speaker 5>But it's interesting.

1681
01:25:24.039 --> 01:25:27.159
<v Speaker 4>It talks about how the psychology has shifted from going

1682
01:25:27.199 --> 01:25:29.239
<v Speaker 4>in person to digital.

1683
01:25:28.880 --> 01:25:34.560
<v Speaker 5>Now and how it's still shaping how we're consumerism consumers.

1684
01:25:33.960 --> 01:25:36.920
<v Speaker 4>And how we still are like we're waiting for that

1685
01:25:37.079 --> 01:25:40.399
<v Speaker 4>deal even though we know two weeks prior it was

1686
01:25:40.479 --> 01:25:44.439
<v Speaker 4>thirty percent off, but now it's saying there's a limited

1687
01:25:44.520 --> 01:25:47.439
<v Speaker 4>quality and it's only ten percent off. Well, now we've

1688
01:25:47.479 --> 01:25:49.479
<v Speaker 4>already imagined it for the last two weeks being in

1689
01:25:49.520 --> 01:25:52.960
<v Speaker 4>our house and with us, so now we're like, well, shit,

1690
01:25:53.000 --> 01:25:55.039
<v Speaker 4>it's in our cart. Fuck it. You know what, I

1691
01:25:55.039 --> 01:25:57.279
<v Speaker 4>don't want to miss out. The fear, the fomo, the

1692
01:25:57.319 --> 01:25:59.319
<v Speaker 4>fear of missing out. I don't want to miss out.

1693
01:25:59.600 --> 01:26:01.720
<v Speaker 4>I also so have already imagined it in my life

1694
01:26:01.960 --> 01:26:04.119
<v Speaker 4>and it's been in my cart kind of like steadily

1695
01:26:04.279 --> 01:26:07.720
<v Speaker 4>reminding me that I want this. And now they're targeting

1696
01:26:08.039 --> 01:26:11.319
<v Speaker 4>this product saying like there's only seven left, and when

1697
01:26:11.319 --> 01:26:14.800
<v Speaker 4>the seven are gone, what's gonna happen? Because Amazon does

1698
01:26:14.800 --> 01:26:16.239
<v Speaker 4>it a lot like there's three left.

1699
01:26:16.319 --> 01:26:17.199
<v Speaker 5>They're only three left.

1700
01:26:17.399 --> 01:26:20.119
<v Speaker 4>You're telling me in all of the massive Amazon stores

1701
01:26:20.159 --> 01:26:22.560
<v Speaker 4>in the flipping country, there's only three.

1702
01:26:22.359 --> 01:26:24.279
<v Speaker 5>Of these left. Yah, it's not true.

1703
01:26:24.319 --> 01:26:27.960
<v Speaker 4>But for some reason, our irrational brains are run by

1704
01:26:27.960 --> 01:26:30.680
<v Speaker 4>the fear and the emotional aspect, and so now we're

1705
01:26:30.720 --> 01:26:33.119
<v Speaker 4>making purchases that we don't even want. Or if you

1706
01:26:33.159 --> 01:26:35.960
<v Speaker 4>go to Black Friday in person and you dump one

1707
01:26:35.960 --> 01:26:39.199
<v Speaker 4>thousand dollars and you buy just everything because you're in

1708
01:26:39.239 --> 01:26:43.079
<v Speaker 4>the herd mentality of the herd is buying I must

1709
01:26:43.159 --> 01:26:43.680
<v Speaker 4>buy two.

1710
01:26:44.199 --> 01:26:46.680
<v Speaker 2>Yeah, and a lot of the YouTubers that I watched

1711
01:26:46.680 --> 01:26:48.880
<v Speaker 2>as the matter of fact, they are big with You know,

1712
01:26:48.920 --> 01:26:50.479
<v Speaker 2>we have a T shirt out right now, but it's

1713
01:26:50.479 --> 01:26:51.720
<v Speaker 2>gone to the end of this month, so if you

1714
01:26:51.720 --> 01:26:54.039
<v Speaker 2>want to get your hand, it's like they put a

1715
01:26:54.119 --> 01:26:57.239
<v Speaker 2>time stamp on it to drive more people to purchase it.

1716
01:26:57.640 --> 01:27:00.279
<v Speaker 3>Which it's just a T shirt, like you could that

1717
01:27:00.359 --> 01:27:02.439
<v Speaker 3>year round, But would you.

1718
01:27:02.439 --> 01:27:04.920
<v Speaker 2>Get as many sales as if it's only available for

1719
01:27:04.960 --> 01:27:06.720
<v Speaker 2>the next thirty days.

1720
01:27:06.720 --> 01:27:07.279
<v Speaker 4>No, you don't.

1721
01:27:07.520 --> 01:27:09.039
<v Speaker 3>The mathematics have confirmed it.

1722
01:27:09.319 --> 01:27:11.520
<v Speaker 2>Yeah, And then there's also a whole other side of that,

1723
01:27:11.560 --> 01:27:14.840
<v Speaker 2>like the price of the shirt matters of My brother

1724
01:27:14.840 --> 01:27:17.560
<v Speaker 2>in law at one point was partial owner of a

1725
01:27:17.600 --> 01:27:19.600
<v Speaker 2>T shirt brand, him and a couple of his seal buddies.

1726
01:27:19.640 --> 01:27:21.720
<v Speaker 2>When they got out, they started a brand because that's

1727
01:27:21.720 --> 01:27:24.760
<v Speaker 2>what a lot of veterans did during that timeframe. And

1728
01:27:25.159 --> 01:27:27.720
<v Speaker 2>come to find out, a person is more likely to

1729
01:27:27.800 --> 01:27:30.199
<v Speaker 2>buy a thirty five dollars T shirt than they are

1730
01:27:30.279 --> 01:27:32.279
<v Speaker 2>to buy a ten dollars T shirt.

1731
01:27:32.600 --> 01:27:34.520
<v Speaker 4>You told me this, and it's wild to me. I

1732
01:27:34.520 --> 01:27:36.840
<v Speaker 4>would love to look more into that, because I really

1733
01:27:36.840 --> 01:27:39.800
<v Speaker 4>don't understand why that but I guess it comes it

1734
01:27:39.840 --> 01:27:43.199
<v Speaker 4>circles back to the trust. So there's a lot of

1735
01:27:43.439 --> 01:27:46.159
<v Speaker 4>trust being talked about in a lot of the stuff.

1736
01:27:46.239 --> 01:27:48.560
<v Speaker 4>That big article that I read just to snippet about

1737
01:27:48.800 --> 01:27:51.159
<v Speaker 4>it talked a lot about building the trust with the

1738
01:27:51.199 --> 01:27:54.680
<v Speaker 4>consumers that if you show them that this is quote

1739
01:27:54.760 --> 01:27:59.640
<v Speaker 4>unquote trustworthy product, or there's trusting reviews of the product

1740
01:28:00.000 --> 01:28:02.439
<v Speaker 4>where you show them how you could be more personalized,

1741
01:28:02.560 --> 01:28:06.640
<v Speaker 4>or you know that you can appeal to their sensibility

1742
01:28:06.680 --> 01:28:09.399
<v Speaker 4>pretty much, that they trust you, then they'll want to

1743
01:28:09.399 --> 01:28:12.079
<v Speaker 4>buy it from you. So ten dollars just seems like

1744
01:28:12.119 --> 01:28:15.439
<v Speaker 4>it's cheap and not made very well and it's gonna

1745
01:28:15.479 --> 01:28:16.159
<v Speaker 4>fall apart.

1746
01:28:16.359 --> 01:28:19.560
<v Speaker 5>So thirty dollars though, Man, maybe they put a lot

1747
01:28:19.600 --> 01:28:22.039
<v Speaker 5>of effort into this. It's going to be a good quality.

1748
01:28:22.359 --> 01:28:25.399
<v Speaker 4>I trust quote unquote the brand that's going to be

1749
01:28:25.640 --> 01:28:26.680
<v Speaker 4>charging me that price.

1750
01:28:26.960 --> 01:28:29.600
<v Speaker 2>And that's to a car, that's to a TV, that's

1751
01:28:29.680 --> 01:28:32.039
<v Speaker 2>to a house, that's to a T shirt that goes

1752
01:28:32.119 --> 01:28:35.520
<v Speaker 2>all over the place. And it makes logically on paper,

1753
01:28:35.520 --> 01:28:37.920
<v Speaker 2>that makes no sense. If this T shirt, t shirt

1754
01:28:37.920 --> 01:28:40.359
<v Speaker 2>A and T shirt B, they are the exact same

1755
01:28:40.399 --> 01:28:42.680
<v Speaker 2>shirt made from the exact same materials from the same

1756
01:28:42.720 --> 01:28:45.399
<v Speaker 2>manufacturing facility, like these are clones.

1757
01:28:45.079 --> 01:28:45.560
<v Speaker 3>Of each other.

1758
01:28:46.039 --> 01:28:50.119
<v Speaker 2>But shirt A costs probably eight dollars to make, and

1759
01:28:50.119 --> 01:28:51.560
<v Speaker 2>they're selling it for ten because they don't want to

1760
01:28:51.600 --> 01:28:55.479
<v Speaker 2>screw their customer base. They will make practically no sales.

1761
01:28:55.920 --> 01:28:59.039
<v Speaker 2>But the thirty dollars shirt that they cost only eight

1762
01:28:59.039 --> 01:29:01.800
<v Speaker 2>bucks to make, they will actually get. Like it's not

1763
01:29:01.880 --> 01:29:04.960
<v Speaker 2>even a hypothetical. It has been proven to such a

1764
01:29:05.000 --> 01:29:08.119
<v Speaker 2>degree that it is a mathematical fact that you will

1765
01:29:08.159 --> 01:29:10.840
<v Speaker 2>get higher and better T shirt sales with that type

1766
01:29:10.880 --> 01:29:13.399
<v Speaker 2>of price range, not one hundred dollars shirt. Of course,

1767
01:29:13.439 --> 01:29:15.720
<v Speaker 2>you got to keep it within the like the ball

1768
01:29:15.720 --> 01:29:18.800
<v Speaker 2>in your bands here the left and right lateral limits

1769
01:29:18.840 --> 01:29:21.800
<v Speaker 2>of what somebody of your consumer base of your demographic

1770
01:29:22.039 --> 01:29:25.319
<v Speaker 2>has in their pocket to spend. But it is wild

1771
01:29:25.640 --> 01:29:27.560
<v Speaker 2>that that's the way that our market is driven.

1772
01:29:28.119 --> 01:29:31.800
<v Speaker 4>The theory about the ninety nine cents too, that's a

1773
01:29:31.840 --> 01:29:34.640
<v Speaker 4>whole other ballgame that we're not going to go down.

1774
01:29:34.720 --> 01:29:36.680
<v Speaker 4>But if anyone ever wants to look it up, we

1775
01:29:36.760 --> 01:29:39.720
<v Speaker 4>look at the theory behind the ninety nine cents and

1776
01:29:39.800 --> 01:29:44.000
<v Speaker 4>how that ninety nine cents gets you every time, Like

1777
01:29:44.840 --> 01:29:47.079
<v Speaker 4>the way that they lower it if they put seventy

1778
01:29:47.199 --> 01:29:50.399
<v Speaker 4>nine cents. Oh my god, we have a huge saving

1779
01:29:50.479 --> 01:29:52.880
<v Speaker 4>sixty nine cents. That's it. We got to buy it

1780
01:29:52.960 --> 01:29:57.159
<v Speaker 4>like it's wild. How they've figured out how to use

1781
01:29:57.159 --> 01:30:00.840
<v Speaker 4>psychology against us and how to be a to just

1782
01:30:01.039 --> 01:30:04.720
<v Speaker 4>change slight things to get people to buy more stuff. Yeah,

1783
01:30:04.760 --> 01:30:09.359
<v Speaker 4>which leads us into Noumber four. How companies shape consumer desires.

1784
01:30:09.840 --> 01:30:14.359
<v Speaker 2>Absolutely in today's consumer driven society, advertising and marketing play

1785
01:30:14.399 --> 01:30:18.640
<v Speaker 2>a crucial role in shaping consumer desires. Companies invest significant

1786
01:30:18.640 --> 01:30:23.319
<v Speaker 2>resources into crafting persuasive messages and creating captivating visuals to

1787
01:30:23.399 --> 01:30:27.159
<v Speaker 2>capture the attention of potential buyers. Through carefully designed campaigns,

1788
01:30:27.159 --> 01:30:29.760
<v Speaker 2>they aim not only to inform consumers about their products

1789
01:30:29.800 --> 01:30:34.239
<v Speaker 2>or services, but also to influence their preferences, behaviors, and ultimately,

1790
01:30:34.239 --> 01:30:38.279
<v Speaker 2>their purchasing decisions. This section delves into the fascinating world

1791
01:30:38.279 --> 01:30:42.680
<v Speaker 2>of advertising and marketing, exploring how companies employ various techniques

1792
01:30:42.720 --> 01:30:46.720
<v Speaker 2>to shape consumer desire. And desire is very different than need,

1793
01:30:47.319 --> 01:30:49.439
<v Speaker 2>right it is. It's a want. It's something that you

1794
01:30:49.479 --> 01:30:53.039
<v Speaker 2>inherently know that you don't require, but it's something that's

1795
01:30:53.159 --> 01:30:54.319
<v Speaker 2>something inside.

1796
01:30:54.039 --> 01:30:56.279
<v Speaker 3>You gotta have it, You just got to.

1797
01:30:56.439 --> 01:31:00.000
<v Speaker 2>It's a whole thing, so the power of emotional peace.

1798
01:31:00.680 --> 01:31:03.840
<v Speaker 2>One of the most effective ways companies shape consumer desires

1799
01:31:03.920 --> 01:31:09.279
<v Speaker 2>is by tapping into consumers emotions. Advertisements also often evoke

1800
01:31:09.319 --> 01:31:12.840
<v Speaker 2>feelings of happiness, excitement, or desire, associating these emotions with

1801
01:31:12.920 --> 01:31:15.920
<v Speaker 2>their products or services. For example, a car commercial weight

1802
01:31:16.039 --> 01:31:18.319
<v Speaker 2>may depict a family on a road trip, creating a

1803
01:31:18.359 --> 01:31:21.720
<v Speaker 2>sense of adventure and togetherness that resonates with viewers.

1804
01:31:21.960 --> 01:31:25.159
<v Speaker 3>By appealing to consumers' emotions, companies can create a strong

1805
01:31:25.239 --> 01:31:28.800
<v Speaker 3>connection between their brand and the desired emotional state, ultimately

1806
01:31:28.880 --> 01:31:34.680
<v Speaker 3>influencing consumers desires. The influence of social proof. Humans are

1807
01:31:34.720 --> 01:31:37.479
<v Speaker 3>social creatures, and we often look to others for guidance

1808
01:31:37.520 --> 01:31:42.039
<v Speaker 3>and validation. Companies leverage this natural inclination by utilizing social

1809
01:31:42.079 --> 01:31:46.079
<v Speaker 3>proof in their advertising and marketing strategies. Social proof refers

1810
01:31:46.119 --> 01:31:48.720
<v Speaker 3>to the idea that people are more likely to adopt

1811
01:31:48.720 --> 01:31:51.880
<v Speaker 3>a particular behavior if they see others engaging in it,

1812
01:31:52.119 --> 01:31:54.800
<v Speaker 3>to the point that you're making earlier ravenly. For instance,

1813
01:31:54.880 --> 01:31:58.960
<v Speaker 3>testimonials from satisfied customers or endorsements from celebrities can sway

1814
01:31:59.000 --> 01:32:02.359
<v Speaker 3>consumers desires by signaling that a product or service is

1815
01:32:02.399 --> 01:32:06.960
<v Speaker 3>popular and well regarded by showcasing positive experiences and endorsements.

1816
01:32:07.119 --> 01:32:09.840
<v Speaker 3>Companies can shape consumer desires by creating a sense of

1817
01:32:09.880 --> 01:32:15.239
<v Speaker 3>trust and credibility. Absolutely and that definitely ties into the

1818
01:32:15.279 --> 01:32:20.960
<v Speaker 3>digital age for sure. The role of aspirational marketing.

1819
01:32:21.800 --> 01:32:25.279
<v Speaker 2>Aspirational marketing is another powerful tool used by companies to

1820
01:32:25.359 --> 01:32:28.319
<v Speaker 2>shape consumer desires. It involves creating a desire for a

1821
01:32:28.359 --> 01:32:31.600
<v Speaker 2>product or service by associating it with a desirable lifestyle

1822
01:32:31.720 --> 01:32:34.960
<v Speaker 2>or identity. For example, like we brought up earlier, luxury

1823
01:32:35.000 --> 01:32:39.319
<v Speaker 2>brands often use aspirational marketing to appeal to customers desires

1824
01:32:39.319 --> 01:32:43.640
<v Speaker 2>for status and exclusivity. By showcasing glamorous lifestyles and associating

1825
01:32:43.680 --> 01:32:46.600
<v Speaker 2>their product with success, companies can create a sense of

1826
01:32:46.760 --> 01:32:49.319
<v Speaker 2>aspiration and longing among consumers.

1827
01:32:49.680 --> 01:32:50.680
<v Speaker 3>This technique not.

1828
01:32:50.640 --> 01:32:54.520
<v Speaker 2>Only drives desire for the product itself, but also fosters

1829
01:32:54.560 --> 01:32:58.359
<v Speaker 2>a desire to attain the desired lifestyle or identity associated

1830
01:32:58.359 --> 01:33:00.159
<v Speaker 2>with it.

1831
01:33:00.600 --> 01:33:03.760
<v Speaker 4>This is something that's used heavily on TikTok and social

1832
01:33:03.800 --> 01:33:07.640
<v Speaker 4>media's and I will say I have fallen victim myself

1833
01:33:07.680 --> 01:33:10.439
<v Speaker 4>to it. There is a lot of there is some

1834
01:33:10.520 --> 01:33:15.600
<v Speaker 4>of these really influential women that have these everything you

1835
01:33:15.640 --> 01:33:20.359
<v Speaker 4>could possibly imagine in these cute little freaking containers and

1836
01:33:20.640 --> 01:33:23.720
<v Speaker 4>like everything is perfect and everything is clean, and it's.

1837
01:33:23.600 --> 01:33:25.359
<v Speaker 5>Like maximalism to the max.

1838
01:33:25.640 --> 01:33:29.479
<v Speaker 4>But also it's like super organized and super like pretty,

1839
01:33:29.560 --> 01:33:34.479
<v Speaker 4>and it gets every everybody across the board boxes.

1840
01:33:35.199 --> 01:33:35.359
<v Speaker 8>No.

1841
01:33:35.560 --> 01:33:38.119
<v Speaker 4>So, like, there's this one lady that I love. She's

1842
01:33:38.159 --> 01:33:44.239
<v Speaker 4>African American. She has she has the most intense organizational

1843
01:33:44.960 --> 01:33:49.840
<v Speaker 4>maximalism possible. So like, for example, when she goes to hotels,

1844
01:33:50.279 --> 01:33:54.279
<v Speaker 4>she has all of her luggage is like super organized

1845
01:33:54.279 --> 01:33:56.560
<v Speaker 4>in these little containers and all this stuff. She also

1846
01:33:56.600 --> 01:33:58.840
<v Speaker 4>has containers that she takes out and so before they

1847
01:33:58.880 --> 01:34:03.199
<v Speaker 4>do anything, cleans the entire hotel top to bottom. And

1848
01:34:03.199 --> 01:34:06.079
<v Speaker 4>she has all these little cute little things to clean

1849
01:34:06.199 --> 01:34:09.760
<v Speaker 4>stuff to clean. She pops out this little toilet brush

1850
01:34:09.800 --> 01:34:12.640
<v Speaker 4>cleaner and she scrubs a toilet brush. She wipes everything down.

1851
01:34:12.880 --> 01:34:15.119
<v Speaker 4>Oh yeah, no like top when I say top to bottom,

1852
01:34:15.279 --> 01:34:18.720
<v Speaker 4>she cleans the entire shower down. She changes the bed.

1853
01:34:18.840 --> 01:34:21.119
<v Speaker 4>She has pellow cases and sheets that she puts on

1854
01:34:21.159 --> 01:34:24.840
<v Speaker 4>the bed. She has like everything that you could think of.

1855
01:34:24.920 --> 01:34:27.359
<v Speaker 4>She has this really cool which I super want because

1856
01:34:27.520 --> 01:34:31.119
<v Speaker 4>I fall victims to the consumerism, is a portable washer.

1857
01:34:31.479 --> 01:34:33.319
<v Speaker 4>They are really cute they're about this big, and you

1858
01:34:33.359 --> 01:34:35.760
<v Speaker 4>can actually wash your clothes and you can hang your

1859
01:34:35.760 --> 01:34:37.520
<v Speaker 4>stuff up to dry it, or they have a dryer

1860
01:34:37.520 --> 01:34:40.880
<v Speaker 4>that you can buy too. She has, Oh yes, I've

1861
01:34:40.920 --> 01:34:43.600
<v Speaker 4>actually looked at buying one. They're not that expensive on Amazon,

1862
01:34:44.000 --> 01:34:50.359
<v Speaker 4>but they She has millions of followers because of the lifestyle,

1863
01:34:50.439 --> 01:34:52.079
<v Speaker 4>and it's not just her, there's a whole bunch of

1864
01:34:52.079 --> 01:34:52.520
<v Speaker 4>them like this.

1865
01:34:52.960 --> 01:34:56.039
<v Speaker 3>It sounds like she is dealing with some serious anxiety

1866
01:34:56.439 --> 01:34:57.039
<v Speaker 3>in her life.

1867
01:34:57.560 --> 01:35:00.760
<v Speaker 4>She doesn't. She just has like a oc but also

1868
01:35:00.880 --> 01:35:03.960
<v Speaker 4>she has a lot of money to be able to

1869
01:35:03.960 --> 01:35:06.840
<v Speaker 4>buy all these bags and all of these little things,

1870
01:35:07.279 --> 01:35:11.239
<v Speaker 4>and it's created that she's one of many, many, many

1871
01:35:11.319 --> 01:35:16.199
<v Speaker 4>women that have cultivated this lifestyle that it bleeds into

1872
01:35:16.239 --> 01:35:19.239
<v Speaker 4>the rest of us, like we feel inferior because we

1873
01:35:19.359 --> 01:35:22.560
<v Speaker 4>aren't doing all of these things, like our car isn't perfect,

1874
01:35:22.600 --> 01:35:25.239
<v Speaker 4>and they don't have all these little matching baggies and

1875
01:35:25.279 --> 01:35:27.079
<v Speaker 4>all these little cute little things.

1876
01:35:27.720 --> 01:35:31.239
<v Speaker 3>Because are real people that have real lives and real kids.

1877
01:35:31.560 --> 01:35:32.840
<v Speaker 3>That's in insanity.

1878
01:35:33.319 --> 01:35:35.520
<v Speaker 4>But she has kids, and there's a lot of them

1879
01:35:35.520 --> 01:35:37.760
<v Speaker 4>that have kids that are like this, and that's that's

1880
01:35:37.800 --> 01:35:41.720
<v Speaker 4>where social media has bled into a lot at least

1881
01:35:41.720 --> 01:35:44.119
<v Speaker 4>in my life. I can see how it's bled into

1882
01:35:44.239 --> 01:35:46.640
<v Speaker 4>affecting me where I'm like, I'm watching this stuff and

1883
01:35:46.880 --> 01:35:48.520
<v Speaker 4>I like to watch it, you know, when it doesn't

1884
01:35:48.520 --> 01:35:50.000
<v Speaker 4>bother me for a while, and then all of a sudden,

1885
01:35:50.039 --> 01:35:53.560
<v Speaker 4>I'll find myself like on Amazon or TikTok shop and

1886
01:35:53.600 --> 01:35:55.760
<v Speaker 4>I'm like, I wonder how much these bags are, Like

1887
01:35:55.800 --> 01:35:57.319
<v Speaker 4>I kind of want to they make me a lot

1888
01:35:57.359 --> 01:35:59.920
<v Speaker 4>more sense of having these, And I find myself looking

1889
01:36:00.119 --> 01:36:03.960
<v Speaker 4>at this stuff because I want to fit into this

1890
01:36:04.199 --> 01:36:07.319
<v Speaker 4>narrative of like, well, that would make me look like

1891
01:36:07.680 --> 01:36:10.279
<v Speaker 4>a better mom because I'm more organized and I have

1892
01:36:10.359 --> 01:36:15.079
<v Speaker 4>all these containers and like, but you don't subconsciously it's

1893
01:36:15.079 --> 01:36:17.079
<v Speaker 4>bleeding into you. And it's not like they're making this

1894
01:36:17.159 --> 01:36:20.359
<v Speaker 4>content to shove that down your throat. They're just because

1895
01:36:20.359 --> 01:36:22.119
<v Speaker 4>that's what they want to do. Some of them are

1896
01:36:22.199 --> 01:36:25.199
<v Speaker 4>being paid, but like a lot of them just they

1897
01:36:25.279 --> 01:36:27.239
<v Speaker 4>saw what somebody else was doing and that's what they

1898
01:36:27.239 --> 01:36:29.720
<v Speaker 4>went on their lifestyle, So they cultivated their lifestyle and

1899
01:36:29.760 --> 01:36:32.600
<v Speaker 4>it's just like perpetuating the cycle kind of a thing.

1900
01:36:32.920 --> 01:36:35.079
<v Speaker 2>I don't even think I could operate at that level

1901
01:36:35.079 --> 01:36:37.800
<v Speaker 2>of organization. That sounds like a living hell.

1902
01:36:38.000 --> 01:36:42.279
<v Speaker 5>To me, Oh my god, yep, just to go.

1903
01:36:42.199 --> 01:36:44.600
<v Speaker 2>On a trip, I have to have my whole luggage organized,

1904
01:36:44.600 --> 01:36:47.359
<v Speaker 2>and not even cleaning the hotel. That's just a woman

1905
01:36:47.399 --> 01:36:49.560
<v Speaker 2>with undiagnosed and unmedicated OCD.

1906
01:36:50.079 --> 01:36:53.039
<v Speaker 4>To be fair, the hotels are quite dirty and and

1907
01:36:53.560 --> 01:36:56.720
<v Speaker 4>I understand cleaning a hotel.

1908
01:36:56.720 --> 01:36:58.479
<v Speaker 3>Yeah, but I mean that's a part of it, you

1909
01:36:58.520 --> 01:36:59.520
<v Speaker 3>know what you're getting into.

1910
01:37:00.119 --> 01:37:02.600
<v Speaker 5>Nobody wants bed bugs, but like no.

1911
01:37:02.279 --> 01:37:02.680
<v Speaker 3>Not okay.

1912
01:37:02.680 --> 01:37:04.960
<v Speaker 2>If you're going to a roach motel, then yeah, obviously

1913
01:37:04.960 --> 01:37:06.800
<v Speaker 2>carry a can of lysol with you, like for sure.

1914
01:37:06.840 --> 01:37:09.600
<v Speaker 2>But like if you're going to like a nicer hotel,

1915
01:37:09.680 --> 01:37:13.000
<v Speaker 2>a Hilton, uh, you know what I mean, Like, yeah,

1916
01:37:13.159 --> 01:37:15.560
<v Speaker 2>you know, the sheets probably ain't the cleanest, but like

1917
01:37:15.680 --> 01:37:18.039
<v Speaker 2>it's oh, you're not gonna die, It's gonna be okay.

1918
01:37:18.840 --> 01:37:21.079
<v Speaker 2>Like my I could just imagine that woman with her

1919
01:37:21.159 --> 01:37:23.720
<v Speaker 2>children and their rooms all have to be just so

1920
01:37:23.880 --> 01:37:26.359
<v Speaker 2>and all organized and there. Meanwhile, the kids are like, Mom,

1921
01:37:26.680 --> 01:37:28.880
<v Speaker 2>I've been organizing my room for over an hour.

1922
01:37:28.920 --> 01:37:30.279
<v Speaker 3>Could I just go ride a bike? Please?

1923
01:37:30.760 --> 01:37:33.920
<v Speaker 2>Like my god, Yeah, But to that, to your point,

1924
01:37:33.960 --> 01:37:37.720
<v Speaker 2>it does appeal to the ever present need to be

1925
01:37:37.760 --> 01:37:39.800
<v Speaker 2>a better mom, to be a better parent, to be

1926
01:37:39.880 --> 01:37:42.279
<v Speaker 2>more organized, to be more in control of your life.

1927
01:37:42.520 --> 01:37:45.319
<v Speaker 2>It is just tugging at the emotional heartstrings on that.

1928
01:37:46.039 --> 01:37:48.199
<v Speaker 4>Oh, it is like there's this one woman that has

1929
01:37:48.239 --> 01:37:50.520
<v Speaker 4>like does all the ice. That's a big thing, that

1930
01:37:50.880 --> 01:37:54.880
<v Speaker 4>the cubes of ice and all the organization of refrigerators.

1931
01:37:54.920 --> 01:37:57.000
<v Speaker 2>I know, you don't want to know what you're gonna

1932
01:37:57.000 --> 01:37:59.079
<v Speaker 2>have to break that one down from like an ice maker.

1933
01:37:59.199 --> 01:38:03.159
<v Speaker 4>Like, noh, you've never seen the Okay, so I'm not

1934
01:38:03.159 --> 01:38:05.039
<v Speaker 4>gonna take too long on this, but there is a

1935
01:38:05.039 --> 01:38:09.000
<v Speaker 4>whole bunch of women that have a million different ice molds.

1936
01:38:09.520 --> 01:38:10.319
<v Speaker 5>And what they do.

1937
01:38:10.319 --> 01:38:13.520
<v Speaker 4>Is is they every week they redo their ice containers.

1938
01:38:13.520 --> 01:38:16.319
<v Speaker 4>So in their freezer, they have these really cool little

1939
01:38:16.319 --> 01:38:19.640
<v Speaker 4>containers right that they stack all up and they make

1940
01:38:19.760 --> 01:38:22.439
<v Speaker 4>They spend like hours making this ice, and they do

1941
01:38:22.520 --> 01:38:26.319
<v Speaker 4>like different flavored ices. They have fresh fruit and ices.

1942
01:38:26.399 --> 01:38:29.319
<v Speaker 4>They do all this stuff, and they make like rose ices.

1943
01:38:29.439 --> 01:38:32.000
<v Speaker 4>Some of them make alcohol ones too, which are really cool.

1944
01:38:32.279 --> 01:38:34.600
<v Speaker 4>But they make like all these different ice cubes. So

1945
01:38:34.720 --> 01:38:38.680
<v Speaker 4>there's like flowers and hearts and stars and balls and like,

1946
01:38:38.720 --> 01:38:40.600
<v Speaker 4>what are the fuck they have in this amount of time?

1947
01:38:40.680 --> 01:38:41.319
<v Speaker 4>That's what they have.

1948
01:38:41.800 --> 01:38:43.640
<v Speaker 3>But they but they have they have no jobs.

1949
01:38:43.720 --> 01:38:47.119
<v Speaker 4>Obviously, they make a ton of different flavored stuff so

1950
01:38:47.159 --> 01:38:49.880
<v Speaker 4>that it flavors your water, and then they they freeze

1951
01:38:49.920 --> 01:38:51.479
<v Speaker 4>them and then they unpop them all and they put

1952
01:38:51.520 --> 01:38:51.960
<v Speaker 4>them in these.

1953
01:38:51.920 --> 01:38:52.640
<v Speaker 5>Cute little trays.

1954
01:38:52.680 --> 01:38:54.199
<v Speaker 4>They go in their little things, and that's what they

1955
01:38:54.199 --> 01:38:57.399
<v Speaker 4>do every week. And like, they get millions of views,

1956
01:38:57.960 --> 01:38:59.600
<v Speaker 4>and so then a lot of people I read the

1957
01:38:59.640 --> 01:39:02.920
<v Speaker 4>comments because I'm a comment reader, So millions of people

1958
01:39:03.000 --> 01:39:05.479
<v Speaker 4>are like, it's it's divided. Half the people are like,

1959
01:39:05.520 --> 01:39:06.560
<v Speaker 4>oh my god, it's so amazing.

1960
01:39:06.560 --> 01:39:08.560
<v Speaker 5>The other half are like, with what fucking time?

1961
01:39:08.880 --> 01:39:11.079
<v Speaker 4>And now I feel shitty about myself because I'm not

1962
01:39:11.159 --> 01:39:16.439
<v Speaker 4>making my kids some fancy ass rose Laveler petal strawberry,

1963
01:39:16.960 --> 01:39:19.479
<v Speaker 4>you know, ice cube, And I'm like, so.

1964
01:39:20.439 --> 01:39:23.119
<v Speaker 3>Be grateful you got ice in your glass? Kid? Fuck

1965
01:39:23.159 --> 01:39:24.039
<v Speaker 3>you talk about now.

1966
01:39:24.239 --> 01:39:27.079
<v Speaker 2>But to your point, there's a I have only done

1967
01:39:27.199 --> 01:39:29.760
<v Speaker 2>something similar to this twice, but it was nothing that

1968
01:39:29.760 --> 01:39:33.319
<v Speaker 2>I would ever like put online. It was like, back

1969
01:39:33.359 --> 01:39:36.159
<v Speaker 2>when I was a drinker, I had these molds that

1970
01:39:36.239 --> 01:39:38.279
<v Speaker 2>had like the spherical ice that you would put in

1971
01:39:38.359 --> 01:39:40.479
<v Speaker 2>like a tumbler or your your whiskey glass.

1972
01:39:40.720 --> 01:39:43.000
<v Speaker 3>I thought that was dope, be honest with you, I

1973
01:39:43.199 --> 01:39:43.560
<v Speaker 3>used it.

1974
01:39:43.600 --> 01:39:49.279
<v Speaker 2>Maybe three times because ice melts the same way regardless

1975
01:39:49.319 --> 01:39:50.800
<v Speaker 2>of the shape it's in. And now know other people

1976
01:39:50.840 --> 01:39:53.159
<v Speaker 2>are like, no, scientifically, it's better if you do. Okay,

1977
01:39:53.159 --> 01:39:55.159
<v Speaker 2>that's cool. I just see my whiskey to be a

1978
01:39:55.159 --> 01:39:55.920
<v Speaker 2>little colder.

1979
01:39:56.119 --> 01:39:56.920
<v Speaker 3>That was about it.

1980
01:39:57.439 --> 01:40:00.479
<v Speaker 2>The other one was I would take black coffee and

1981
01:40:00.479 --> 01:40:02.840
<v Speaker 2>I would pour that into ice trays so that whenever

1982
01:40:02.920 --> 01:40:04.920
<v Speaker 2>I make coffee, I could cool it down to a

1983
01:40:05.000 --> 01:40:08.439
<v Speaker 2>drinkable level, not scalding, without weakening my coffee.

1984
01:40:08.560 --> 01:40:09.359
<v Speaker 3>That's about it.

1985
01:40:10.520 --> 01:40:12.800
<v Speaker 4>Yeah, So I mean there's that that kind of just

1986
01:40:12.840 --> 01:40:16.079
<v Speaker 4>plays them with the lifestyle situation and how they can

1987
01:40:16.119 --> 01:40:19.359
<v Speaker 4>appeal to that kind of stuff, especially when it comes

1988
01:40:19.399 --> 01:40:21.680
<v Speaker 4>to some of the number one top things that are

1989
01:40:21.720 --> 01:40:27.279
<v Speaker 4>sold last year was like kitchen aid, appliances, vacuums, you know,

1990
01:40:27.399 --> 01:40:28.600
<v Speaker 4>things for your house.

1991
01:40:28.920 --> 01:40:31.039
<v Speaker 5>Those things sold because.

1992
01:40:30.680 --> 01:40:33.079
<v Speaker 4>It's appealing about how you can be a better parent,

1993
01:40:33.600 --> 01:40:36.960
<v Speaker 4>more efficient, how you can keep your house cleaner, how

1994
01:40:37.000 --> 01:40:40.279
<v Speaker 4>you can keep cook better for your family, and they

1995
01:40:40.479 --> 01:40:44.119
<v Speaker 4>and they use that kind of persuasive language and stuff

1996
01:40:44.159 --> 01:40:47.640
<v Speaker 4>like that to be able to get you to buy things.

1997
01:40:47.720 --> 01:40:50.880
<v Speaker 2>So absolutely, and that goes into number four, the impact

1998
01:40:50.920 --> 01:40:55.960
<v Speaker 2>of persuasive language and visuals. Language and Visuals play a

1999
01:40:55.960 --> 01:40:59.359
<v Speaker 2>significant role in advertising and marketing. Companies carefully choose their

2000
01:40:59.399 --> 01:41:02.800
<v Speaker 2>words and vision rules to create persuasive messages that resonate

2001
01:41:02.840 --> 01:41:08.479
<v Speaker 2>with consumers. For instance, using words like limited edition, exclusive offer,

2002
01:41:08.920 --> 01:41:12.920
<v Speaker 2>one time opportunity can create a sense of urgency and scarcity,

2003
01:41:13.479 --> 01:41:19.039
<v Speaker 2>driving customers desires to act quickly. Similarly, visually appealing images

2004
01:41:19.119 --> 01:41:22.920
<v Speaker 2>and videos that highlight the product's features and benefits can

2005
01:41:23.000 --> 01:41:27.520
<v Speaker 2>increase its desirability. By strategically employing persuasive language and visuals,

2006
01:41:27.520 --> 01:41:32.439
<v Speaker 2>companies can shape consumer desires and prompt them to take action. Absolutely,

2007
01:41:32.960 --> 01:41:36.239
<v Speaker 2>now the influence of targeted advertising, like the Chevy Cruz

2008
01:41:36.279 --> 01:41:38.399
<v Speaker 2>commercial we just watched that was allegedly targeted for.

2009
01:41:38.439 --> 01:41:40.720
<v Speaker 3>Millennials, even though that's a shit car.

2010
01:41:42.039 --> 01:41:45.880
<v Speaker 2>With the advent of digital marketing, companies can now tailor

2011
01:41:45.920 --> 01:41:50.640
<v Speaker 2>their advertisements to specific target audiences by using data analytics

2012
01:41:50.680 --> 01:41:56.800
<v Speaker 2>and targeting algorithms. Absolutely, companies can identify consumers preferences, behaviors, demographics,

2013
01:41:57.159 --> 01:42:01.640
<v Speaker 2>allowing them to create personalized and highly relevant advertisements. For example,

2014
01:42:02.039 --> 01:42:05.520
<v Speaker 2>online retailers may display ads for products that align with

2015
01:42:05.560 --> 01:42:09.760
<v Speaker 2>a consumer's recent searches or browsing history. Absolutely, we know

2016
01:42:09.800 --> 01:42:12.560
<v Speaker 2>they're watching us and listening at all times. This targeted

2017
01:42:12.600 --> 01:42:16.239
<v Speaker 2>approach not only increases the effectiveness of advertising, but also

2018
01:42:16.399 --> 01:42:19.560
<v Speaker 2>enhances its ability to shape consumer desires by presenting them

2019
01:42:19.560 --> 01:42:22.520
<v Speaker 2>with products or services that are tailored to their specific

2020
01:42:22.600 --> 01:42:27.279
<v Speaker 2>needs and interests. Absolutely, one hundred percent that goes all

2021
01:42:27.319 --> 01:42:30.800
<v Speaker 2>into the digital era on that advertising and marketing have

2022
01:42:30.840 --> 01:42:34.439
<v Speaker 2>a profound impact on shaping consumer desires. Through emotional appeals,

2023
01:42:34.520 --> 01:42:38.479
<v Speaker 2>social proof aspirational marketing, persuasive language and visuals, as well

2024
01:42:38.479 --> 01:42:43.159
<v Speaker 2>as targeted advertising, companies exert significant influence over consumer preferences

2025
01:42:43.199 --> 01:42:47.199
<v Speaker 2>and purchasing decisions. By understanding the techniques employed by companies,

2026
01:42:47.239 --> 01:42:50.800
<v Speaker 2>consumers can develop a critical mindset and make informed choices

2027
01:42:50.920 --> 01:42:54.520
<v Speaker 2>in the face of persuasive advertising tactics.

2028
01:42:54.640 --> 01:42:59.560
<v Speaker 3>Very true. Now, we could go to the digitalization, but we've.

2029
01:42:59.479 --> 01:43:01.239
<v Speaker 2>Kind of already touched on that a good bit to

2030
01:43:01.239 --> 01:43:03.439
<v Speaker 2>be honest with you, and especially as we're getting into

2031
01:43:03.439 --> 01:43:06.119
<v Speaker 2>the Black Friday and the Cyber Monday conversation, I am

2032
01:43:06.159 --> 01:43:08.760
<v Speaker 2>sure that that's gonna play in very heavily. So now

2033
01:43:09.720 --> 01:43:12.279
<v Speaker 2>let's go to the final excerpt that we're gonna get

2034
01:43:12.319 --> 01:43:16.760
<v Speaker 2>into on this article, how consumerism shapes American society.

2035
01:43:17.720 --> 01:43:19.439
<v Speaker 3>Wow, that's a heavy one. Okay.

2036
01:43:20.279 --> 01:43:24.720
<v Speaker 2>Consumerism is deeply ingrained in American society, shaping not only

2037
01:43:24.760 --> 01:43:28.720
<v Speaker 2>the economy, but also social and cultural aspects of everyday life.

2038
01:43:28.800 --> 01:43:32.800
<v Speaker 2>It has become a defining characteristic of American identity, influencing

2039
01:43:32.840 --> 01:43:35.319
<v Speaker 2>how individuals perceive themselves and others.

2040
01:43:35.399 --> 01:43:36.560
<v Speaker 3>Boy, if that ain't the truth.

2041
01:43:36.920 --> 01:43:39.239
<v Speaker 2>In this section, we will explore the various social and

2042
01:43:39.279 --> 01:43:42.800
<v Speaker 2>cultural factors that contribute to the prevalence of consumerism in

2043
01:43:42.840 --> 01:43:47.680
<v Speaker 2>the United States. Number One, Media and advertising influence. The

2044
01:43:47.760 --> 01:43:51.000
<v Speaker 2>media plays a crucial role in perpetuating consumerism by bombarding

2045
01:43:51.000 --> 01:43:54.880
<v Speaker 2>individuals with advertisements and messages that promote the idea that

2046
01:43:54.920 --> 01:43:57.960
<v Speaker 2>happiness and fulfillment can be achieved through material possessions.

2047
01:43:58.159 --> 01:44:00.439
<v Speaker 3>It's sad, but that's absolutely what they want you to believe.

2048
01:44:00.920 --> 01:44:05.439
<v Speaker 2>Television, radio, print, and online advertisements constantly remind consumers of

2049
01:44:05.479 --> 01:44:08.680
<v Speaker 2>the latest products and trends, creating a desire to acquire

2050
01:44:08.720 --> 01:44:13.000
<v Speaker 2>and possess these items. Advertisements often appeal to emotions, associating

2051
01:44:13.520 --> 01:44:17.079
<v Speaker 2>associating products with success, happiness, and self worth. For example,

2052
01:44:17.119 --> 01:44:19.439
<v Speaker 2>a luxury car commercial. We already talked about that on earlier.

2053
01:44:20.159 --> 01:44:24.239
<v Speaker 2>Number two peer pressure and social comparison. Yeah, the keeping

2054
01:44:24.319 --> 01:44:27.319
<v Speaker 2>up with the jones Is. Consumerism is also fueled by

2055
01:44:27.359 --> 01:44:30.880
<v Speaker 2>peer pressure and the need for social validation. In American society,

2056
01:44:31.000 --> 01:44:34.399
<v Speaker 2>individuals are often judged and valued based upon their possessions

2057
01:44:34.439 --> 01:44:37.680
<v Speaker 2>and material wealth. This creates a cycle of consumption as

2058
01:44:37.680 --> 01:44:40.920
<v Speaker 2>people strive to maintain or enhance their social status by

2059
01:44:40.960 --> 01:44:44.399
<v Speaker 2>acquiring the latest gadgets, fashion items, or luxury goods. Social

2060
01:44:44.439 --> 01:44:48.720
<v Speaker 2>media platforms further amplify this phenomenon, as individuals constantly showcase

2061
01:44:48.760 --> 01:44:52.239
<v Speaker 2>their possessions and experiences, leading others to compare themselves and

2062
01:44:52.279 --> 01:44:56.600
<v Speaker 2>feel pressured to keep up. Again, I cannot stress this enough, y'all.

2063
01:44:57.399 --> 01:45:01.119
<v Speaker 2>TikTok is not real life. Instagram is not real life.

2064
01:45:01.239 --> 01:45:05.720
<v Speaker 3>That is specifically curtailed snapshots of somebody's life that's not

2065
01:45:05.760 --> 01:45:08.199
<v Speaker 3>their real life. Like, that's not how they actually live.

2066
01:45:08.680 --> 01:45:10.199
<v Speaker 3>And I feel like not enough people know that.

2067
01:45:11.399 --> 01:45:15.880
<v Speaker 2>But anyway, let's talk about cultural values and identity. The

2068
01:45:15.920 --> 01:45:19.800
<v Speaker 2>American Dream, a cultural ideal that emphasizes upward mobility and

2069
01:45:19.840 --> 01:45:23.520
<v Speaker 2>material success, has contributed to the prevalence of consumerism in

2070
01:45:23.560 --> 01:45:27.159
<v Speaker 2>American society. The pursuit of material possessions is often seen

2071
01:45:27.199 --> 01:45:30.079
<v Speaker 2>as a pathway to achieving this dream, and individuals may

2072
01:45:30.119 --> 01:45:32.560
<v Speaker 2>feel that they are failing if they do not possess

2073
01:45:32.600 --> 01:45:36.119
<v Speaker 2>certain items or maintain a certain lifestyle. The emphasis on

2074
01:45:36.199 --> 01:45:40.720
<v Speaker 2>individualism and personal achievement further reinforces the importance of consumerism

2075
01:45:40.800 --> 01:45:42.479
<v Speaker 2>in shaping one's identity.

2076
01:45:43.199 --> 01:45:45.800
<v Speaker 3>Yeah, very true, very true.

2077
01:45:45.760 --> 01:45:47.520
<v Speaker 2>Because it's like if you're not getting a new car

2078
01:45:47.560 --> 01:45:50.600
<v Speaker 2>every five years, Like, damn, that guy really ain't doing

2079
01:45:50.680 --> 01:45:52.640
<v Speaker 2>much at work. They're not getting no promotions, you're not

2080
01:45:52.640 --> 01:45:55.319
<v Speaker 2>getting any raises whatever. But like if you're that person

2081
01:45:55.359 --> 01:45:57.720
<v Speaker 2>that's got a new car in the driveway every eighteen months,

2082
01:45:57.800 --> 01:45:59.079
<v Speaker 2>clearly you're killing.

2083
01:45:58.920 --> 01:46:01.079
<v Speaker 4>It so crazy.

2084
01:46:01.319 --> 01:46:03.239
<v Speaker 2>Never mind the fact that you're just like increasing the

2085
01:46:03.279 --> 01:46:06.439
<v Speaker 2>debt in your life and now before you realize that

2086
01:46:06.479 --> 01:46:09.039
<v Speaker 2>you can't even make your your initial payments on things.

2087
01:46:09.039 --> 01:46:12.119
<v Speaker 2>But like, yes, everybody thinks that you are like just

2088
01:46:13.000 --> 01:46:19.920
<v Speaker 2>killing killing it. Yeah, it's incredible now. Psychological factors. Consumerism

2089
01:46:20.039 --> 01:46:23.399
<v Speaker 2>also taps into various psychological factors that drive human behavior.

2090
01:46:23.640 --> 01:46:26.279
<v Speaker 2>The desire for novelty and the fear of missing out

2091
01:46:26.399 --> 01:46:30.479
<v Speaker 2>aka fomo contribute to the constant need to purchase new

2092
01:46:30.479 --> 01:46:33.880
<v Speaker 2>products and stay up to date with the latest trends. Additionally,

2093
01:46:34.800 --> 01:46:38.319
<v Speaker 2>the hetonic, the hedonic treadmill I guess we could just

2094
01:46:38.359 --> 01:46:42.920
<v Speaker 2>say hedonistic. Treadmill concept suggests that individuals quickly adapt to

2095
01:46:42.960 --> 01:46:46.560
<v Speaker 2>new possessions and experiences, leading to a continuous pursuit of

2096
01:46:46.680 --> 01:46:51.800
<v Speaker 2>more and better goods to maintain the same level of satisfaction. Yeah,

2097
01:46:52.199 --> 01:46:55.239
<v Speaker 2>even though, like, for instance, your your phone works fine,

2098
01:46:55.760 --> 01:46:56.920
<v Speaker 2>your iPhone works fine.

2099
01:46:56.960 --> 01:46:59.600
<v Speaker 3>Yeah, it might be like a year old, two years old, whatever.

2100
01:46:59.680 --> 01:47:01.680
<v Speaker 2>Yeah, you just got done paying it off, but they're

2101
01:47:01.720 --> 01:47:04.880
<v Speaker 2>about to drop a brand new one. Your phone works fine, like,

2102
01:47:04.920 --> 01:47:08.199
<v Speaker 2>you don't need a new phone, but you desire the

2103
01:47:08.239 --> 01:47:11.000
<v Speaker 2>new phone. And then they push it to a point

2104
01:47:11.079 --> 01:47:14.319
<v Speaker 2>where you're no longer able to update your phone with

2105
01:47:14.399 --> 01:47:16.760
<v Speaker 2>the new software updates. And then they drive you and

2106
01:47:17.000 --> 01:47:19.159
<v Speaker 2>force you to get a new phone, even when you

2107
01:47:19.159 --> 01:47:20.000
<v Speaker 2>didn't want one.

2108
01:47:20.800 --> 01:47:25.520
<v Speaker 4>True and fomo actually isn't just a catchy acronym. It's

2109
01:47:25.520 --> 01:47:29.199
<v Speaker 4>a psychological response rooted in loss of version. It describes

2110
01:47:29.239 --> 01:47:32.039
<v Speaker 4>how pain of losing an opportunity is far more powerful

2111
01:47:32.119 --> 01:47:36.079
<v Speaker 4>than the joy of gaining something. Also with Black Friday,

2112
01:47:36.119 --> 01:47:40.079
<v Speaker 4>it's about it's about victories and competitive dynamics as well,

2113
01:47:40.479 --> 01:47:43.159
<v Speaker 4>so that all actually plays in as a part of it.

2114
01:47:43.680 --> 01:47:48.359
<v Speaker 2>Yeah, the competitive dynamics is absolutely a thing I swear

2115
01:47:48.479 --> 01:47:52.000
<v Speaker 2>every year I love watching these women fistfight over like

2116
01:47:52.119 --> 01:47:52.399
<v Speaker 2>they don't.

2117
01:47:52.520 --> 01:47:56.920
<v Speaker 4>People don't do that anymore though, like really not really.

2118
01:47:57.119 --> 01:48:00.319
<v Speaker 4>It's actually not been really a thing since the since

2119
01:48:00.359 --> 01:48:02.800
<v Speaker 4>the around like two thousand and I think ten is

2120
01:48:02.840 --> 01:48:04.000
<v Speaker 4>when it started to slow.

2121
01:48:04.279 --> 01:48:05.279
<v Speaker 5>So that comes into.

2122
01:48:05.079 --> 01:48:09.960
<v Speaker 4>Play with the whole conveniency factor and how things have shifted.

2123
01:48:10.039 --> 01:48:12.720
<v Speaker 4>So I'll just give you a little bit of statistics,

2124
01:48:12.720 --> 01:48:14.720
<v Speaker 4>because it actually doesn't Okay, you feel.

2125
01:48:14.520 --> 01:48:17.399
<v Speaker 3>Like I watched this every year of some new instance

2126
01:48:17.439 --> 01:48:18.159
<v Speaker 3>that takes place.

2127
01:48:18.640 --> 01:48:22.760
<v Speaker 4>So in twenty twenty is when everything really shifted. Obviously

2128
01:48:22.840 --> 01:48:26.119
<v Speaker 4>the whole world shut down, so that's when the online

2129
01:48:26.199 --> 01:48:31.000
<v Speaker 4>game really picked up. So in twenty twenty one, for example,

2130
01:48:31.319 --> 01:48:35.000
<v Speaker 4>also discounts changed completely. So before twenty twenty we actually

2131
01:48:35.039 --> 01:48:39.039
<v Speaker 4>had good discounts. Twenty twenty one saw like, for example,

2132
01:48:39.039 --> 01:48:43.079
<v Speaker 4>electronic discounts like on any kind of electronics, it was

2133
01:48:43.119 --> 01:48:46.720
<v Speaker 4>at twelve percent prior to twenty twenty two. Twenty twenty,

2134
01:48:46.760 --> 01:48:50.600
<v Speaker 4>it was at twenty seven percent. Twenty twenty two, with

2135
01:48:50.720 --> 01:48:55.640
<v Speaker 4>the inflation, it still saw nine point two nine point

2136
01:48:55.680 --> 01:49:00.239
<v Speaker 4>twenty one, yeah, sorry, nine billion dollars in sales online

2137
01:49:00.760 --> 01:49:04.039
<v Speaker 4>at the online aspect of that was fifty one percent

2138
01:49:04.199 --> 01:49:05.600
<v Speaker 4>of the shopping. Wow.

2139
01:49:06.600 --> 01:49:08.079
<v Speaker 5>Then in twenty twenty three.

2140
01:49:09.880 --> 01:49:13.800
<v Speaker 4>It saw a seven point five percent increase cyber so

2141
01:49:13.920 --> 01:49:17.680
<v Speaker 4>it was nine point eight billion with just Black Friday.

2142
01:49:18.239 --> 01:49:22.199
<v Speaker 4>At in Cyber Monday, it went to thirty eight billion.

2143
01:49:22.880 --> 01:49:23.239
<v Speaker 1>Cool.

2144
01:49:24.560 --> 01:49:28.479
<v Speaker 2>Yeah, I could believe it so then, especially because after COVID,

2145
01:49:28.479 --> 01:49:32.239
<v Speaker 2>people realize the convenience aspect of it was way too

2146
01:49:32.399 --> 01:49:35.159
<v Speaker 2>enticing to pass up. And the company saw that people

2147
01:49:35.199 --> 01:49:38.640
<v Speaker 2>are willing to pay the up charge, so like, why

2148
01:49:38.720 --> 01:49:39.199
<v Speaker 2>fix it.

2149
01:49:39.119 --> 01:49:41.560
<v Speaker 3>If it ain't broke. The company's making more money fucking

2150
01:49:41.600 --> 01:49:42.760
<v Speaker 3>send it well.

2151
01:49:42.800 --> 01:49:46.640
<v Speaker 4>Also, in twenty twenty three, the term the key, the

2152
01:49:46.840 --> 01:49:52.760
<v Speaker 4>term got token Black Friday creep, so that actually means.

2153
01:49:52.560 --> 01:49:55.239
<v Speaker 5>That they are starting a month long.

2154
01:49:55.199 --> 01:49:58.079
<v Speaker 4>Savings instead of you know how you start seeing Black

2155
01:49:58.119 --> 01:50:02.720
<v Speaker 4>Friday stuff a month ahead time beforehand. That's the term

2156
01:50:02.800 --> 01:50:06.840
<v Speaker 4>they coin because they're starting the savings quote unquote early,

2157
01:50:06.960 --> 01:50:07.560
<v Speaker 4>so people.

2158
01:50:07.359 --> 01:50:08.840
<v Speaker 5>Are starting to buy more and more.

2159
01:50:09.359 --> 01:50:13.119
<v Speaker 4>Actually, we spent so much just in twenty twenty one

2160
01:50:13.600 --> 01:50:18.000
<v Speaker 4>that we actually eclipsed like many countries GTGVP.

2161
01:50:18.560 --> 01:50:19.399
<v Speaker 3>Yeah, I believe that.

2162
01:50:19.560 --> 01:50:22.319
<v Speaker 4>Just in that year, and then you shift to twenty

2163
01:50:22.359 --> 01:50:25.600
<v Speaker 4>twenty four, it was forty one point of forty one

2164
01:50:25.800 --> 01:50:30.239
<v Speaker 4>billion dollars just with Cyber Week included. It was globally

2165
01:50:30.399 --> 01:50:33.920
<v Speaker 4>it went up seven percent, seven percent because it's spreading

2166
01:50:33.960 --> 01:50:37.880
<v Speaker 4>globally now to other countries of everyone paying, and now

2167
01:50:37.960 --> 01:50:42.239
<v Speaker 4>the online has eclipsed to fifty seven percent. So the

2168
01:50:42.319 --> 01:50:46.279
<v Speaker 4>online is gaining, the in store is lowering, the prices

2169
01:50:46.319 --> 01:50:50.359
<v Speaker 4>aren't changing, and now they've added in all the it's

2170
01:50:50.439 --> 01:50:53.159
<v Speaker 4>now turned into instead of just one day, turn into

2171
01:50:53.199 --> 01:50:56.640
<v Speaker 4>a weekend, turn into into Cyber Monday. Now it's become

2172
01:50:56.640 --> 01:51:00.600
<v Speaker 4>a week long event technically, and it's now shifting into

2173
01:51:00.680 --> 01:51:04.520
<v Speaker 4>the creep where it's going into an entire month before

2174
01:51:04.640 --> 01:51:06.680
<v Speaker 4>so they're just stockpiling.

2175
01:51:06.680 --> 01:51:08.840
<v Speaker 5>They're actually raising prices in October.

2176
01:51:09.199 --> 01:51:12.840
<v Speaker 4>Yeah, and then leading into November, they're quote unquote having

2177
01:51:12.880 --> 01:51:17.039
<v Speaker 4>black Fried ideal deals already in the first week of November.

2178
01:51:17.960 --> 01:51:18.479
<v Speaker 1>Wow.

2179
01:51:19.479 --> 01:51:21.560
<v Speaker 2>And I mean, and that's something that we have talked

2180
01:51:21.560 --> 01:51:23.920
<v Speaker 2>about for a while, not just on the show, but

2181
01:51:24.039 --> 01:51:27.039
<v Speaker 2>in general with people. I know that like you'll watch

2182
01:51:27.079 --> 01:51:28.640
<v Speaker 2>the stores, if you were to try to buy a

2183
01:51:28.720 --> 01:51:32.680
<v Speaker 2>TV in the summer, it'll be a price October or

2184
01:51:32.720 --> 01:51:35.880
<v Speaker 2>September even you'll see that price just like out of nowhere,

2185
01:51:35.880 --> 01:51:37.920
<v Speaker 2>it goes up a little bit and you don't really

2186
01:51:37.920 --> 01:51:39.880
<v Speaker 2>think much of it. It's not like a doubled in price,

2187
01:51:39.960 --> 01:51:42.279
<v Speaker 2>but you notice it's a little bit more expensive than

2188
01:51:42.319 --> 01:51:47.319
<v Speaker 2>you remembered. Okay, October comes around, it is noticeably higher,

2189
01:51:47.600 --> 01:51:50.560
<v Speaker 2>for sure. Then Black Friday comes around and they give

2190
01:51:50.600 --> 01:51:53.000
<v Speaker 2>you this cut rate deal, or what you think is

2191
01:51:53.039 --> 01:51:55.359
<v Speaker 2>a cut rate deal. In reality, you're paying basically what

2192
01:51:55.399 --> 01:51:57.760
<v Speaker 2>the shelf price was during the summer exactly. Now there's

2193
01:51:57.800 --> 01:51:59.880
<v Speaker 2>a spot that does a meat sale by the house,

2194
01:52:00.399 --> 01:52:01.560
<v Speaker 2>and you'll watch them do it.

2195
01:52:01.600 --> 01:52:02.960
<v Speaker 3>Their meat. If you were to go right now and

2196
01:52:03.000 --> 01:52:05.319
<v Speaker 3>try to buy some stakes from this little mom and

2197
01:52:05.359 --> 01:52:08.640
<v Speaker 3>pop grocery store, they are at a certain price. Cool.

2198
01:52:09.039 --> 01:52:11.119
<v Speaker 2>Every so often they'll do a meat sale and you'll

2199
01:52:11.119 --> 01:52:13.199
<v Speaker 2>have people come in and line up out the door

2200
01:52:13.319 --> 01:52:14.920
<v Speaker 2>to get in here because they're trying to get really

2201
01:52:14.920 --> 01:52:17.600
<v Speaker 2>good deals on meat and stock up and they're deep freezes.

2202
01:52:18.159 --> 01:52:21.319
<v Speaker 2>But then you'll notice they upped the price, and now

2203
01:52:21.319 --> 01:52:24.720
<v Speaker 2>they're giving you this quote unquote deal. You're buying it

2204
01:52:24.720 --> 01:52:27.960
<v Speaker 2>at stock price, Like the actual price that the store

2205
01:52:28.119 --> 01:52:31.960
<v Speaker 2>made didn't change. The price that you're actually paying is

2206
01:52:32.000 --> 01:52:35.399
<v Speaker 2>the same, but it was the appearance that it was

2207
01:52:35.439 --> 01:52:37.920
<v Speaker 2>this one day's sale and it was the appearance that

2208
01:52:37.960 --> 01:52:39.880
<v Speaker 2>we have more things out right now that we normally

2209
01:52:39.880 --> 01:52:43.000
<v Speaker 2>don't have, and it was just to drive more customers.

2210
01:52:43.000 --> 01:52:43.479
<v Speaker 3>That was it.

2211
01:52:45.079 --> 01:52:49.760
<v Speaker 4>Yeah, it's it's pretty crappy overall, and they're actually there's

2212
01:52:49.840 --> 01:52:53.359
<v Speaker 4>a whole bunch of people being sued for that right

2213
01:52:53.399 --> 01:52:57.960
<v Speaker 4>now because they've been been to continuously do this and

2214
01:52:58.079 --> 01:53:01.600
<v Speaker 4>show that they are giving the product that I forget

2215
01:53:01.600 --> 01:53:04.199
<v Speaker 4>what it's like, fraudulent discount I think it might be

2216
01:53:04.199 --> 01:53:06.960
<v Speaker 4>the last article that we read, but it's it's a

2217
01:53:06.960 --> 01:53:09.680
<v Speaker 4>whole thing that's happening right now that people are actually

2218
01:53:09.680 --> 01:53:11.600
<v Speaker 4>calling it out. They've been calling it out for the

2219
01:53:11.680 --> 01:53:13.800
<v Speaker 4>last few years on social media and it's gained so

2220
01:53:13.920 --> 01:53:17.560
<v Speaker 4>much traction that now companies are being sued for being

2221
01:53:17.600 --> 01:53:21.800
<v Speaker 4>fraudulent in their discounts because it's bullshit. And you actually,

2222
01:53:22.239 --> 01:53:25.239
<v Speaker 4>I would say if anyone was going to buy anytime

2223
01:53:25.399 --> 01:53:29.039
<v Speaker 4>the year, the July sales are when to happen, because

2224
01:53:29.079 --> 01:53:32.720
<v Speaker 4>those are there, those are the actual Black Friday sales is.

2225
01:53:32.680 --> 01:53:35.279
<v Speaker 2>In July, the fourth of July sales. And if you

2226
01:53:35.279 --> 01:53:37.039
<v Speaker 2>could find a Christmas in July.

2227
01:53:36.920 --> 01:53:39.479
<v Speaker 4>Sale that is this is in July is where it's at.

2228
01:53:39.560 --> 01:53:42.359
<v Speaker 4>That's how you actually get the Black Friday sales. So

2229
01:53:43.279 --> 01:53:43.640
<v Speaker 4>back to it.

2230
01:53:43.760 --> 01:53:45.520
<v Speaker 5>We got, I think, like one more thing to read

2231
01:53:45.560 --> 01:53:46.319
<v Speaker 5>on this article.

2232
01:53:46.640 --> 01:53:49.279
<v Speaker 3>Yeah, but it's just environmental impact. And we already talked

2233
01:53:49.279 --> 01:53:52.039
<v Speaker 3>about items.

2234
01:53:50.840 --> 01:53:52.880
<v Speaker 2>Hurt the earth and we're not trying to side step

2235
01:53:52.960 --> 01:53:54.800
<v Speaker 2>that it is a thing, but we already kind of

2236
01:53:54.800 --> 01:53:57.800
<v Speaker 2>covered that a good here. So now let's go to

2237
01:53:58.000 --> 01:54:03.760
<v Speaker 2>CEO World Magazine Behavioral Science for Black Friday twenty twenty

2238
01:54:03.760 --> 01:54:07.920
<v Speaker 2>five Insights for Retailers and Consumers. This was published this

2239
01:54:08.079 --> 01:54:11.279
<v Speaker 2>month of this year's Matter of Fact, so let's dive

2240
01:54:11.319 --> 01:54:15.159
<v Speaker 2>in here. It says understanding shopper psychology, digital behaviors, and

2241
01:54:15.239 --> 01:54:18.119
<v Speaker 2>ethical strategies is critical this Black Friday.

2242
01:54:18.399 --> 01:54:20.760
<v Speaker 3>Retailers can design campaigns.

2243
01:54:20.199 --> 01:54:24.840
<v Speaker 2>That convert responsibility or excuse me responsibly, while consumers navigate

2244
01:54:24.840 --> 01:54:28.479
<v Speaker 2>the flood of promotions with confidence and clarity. Black Friday

2245
01:54:28.520 --> 01:54:32.640
<v Speaker 2>has evolved significantly since its legacy as the first Friday

2246
01:54:32.680 --> 01:54:35.560
<v Speaker 2>after Macy's Thanksgiving Day Parade in nineteen twenty four.

2247
01:54:36.520 --> 01:54:37.199
<v Speaker 3>Yeah, and we.

2248
01:54:37.239 --> 01:54:39.640
<v Speaker 2>Just talked about that on the previous episode. And it's

2249
01:54:39.640 --> 01:54:42.039
<v Speaker 2>also now that we're talking about the consumers an aspect

2250
01:54:42.039 --> 01:54:44.439
<v Speaker 2>of it. When we talked about how FDR for two

2251
01:54:44.520 --> 01:54:47.800
<v Speaker 2>years moved Thanksgiving back a week or two as a

2252
01:54:47.800 --> 01:54:51.479
<v Speaker 2>way to try to drive more Christmas sales. Looking at

2253
01:54:51.479 --> 01:54:55.439
<v Speaker 2>it from this consumeristic look at things, it's all starting

2254
01:54:55.439 --> 01:54:59.000
<v Speaker 2>to align with a whole different flavor, if you will

2255
01:54:59.239 --> 01:55:03.279
<v Speaker 2>continuing It's as earlier attempts to rebrand it as Big

2256
01:55:03.319 --> 01:55:07.039
<v Speaker 2>Friday are more accurate today, reflecting its global reach and

2257
01:55:07.119 --> 01:55:12.279
<v Speaker 2>growing adoption. The Retail Association of Australia predicted to trend

2258
01:55:12.399 --> 01:55:15.920
<v Speaker 2>would continue even amid rising cost of living. The record

2259
01:55:16.159 --> 01:55:20.520
<v Speaker 2>six point seven billion dollars expected spent during Black Friday

2260
01:55:20.640 --> 01:55:24.720
<v Speaker 2>to Cyber Monday represented a five point five increase over

2261
01:55:24.800 --> 01:55:25.920
<v Speaker 2>twenty twenty three.

2262
01:55:26.199 --> 01:55:27.239
<v Speaker 3>By mid twenty.

2263
01:55:27.000 --> 01:55:31.960
<v Speaker 2>Twenty five, forecasts now pushed that figure over seven billion dollars,

2264
01:55:32.520 --> 01:55:37.119
<v Speaker 2>driven by faster digital adoption and higher consumer participation. Retailers

2265
01:55:37.119 --> 01:55:40.079
<v Speaker 2>need to anticipate the surge and balance promotion strategies with

2266
01:55:40.199 --> 01:55:44.800
<v Speaker 2>operational capacity. E Commerce has grown dramatically since the early

2267
01:55:44.920 --> 01:55:47.800
<v Speaker 2>days of Amazon in ninety seven in PayPal in ninety eight.

2268
01:55:48.239 --> 01:55:52.159
<v Speaker 2>Spending five years at Groupon provided firsthand insight into how

2269
01:55:52.239 --> 01:55:56.039
<v Speaker 2>digital behaviors have shifted and the operational and ethical challenges

2270
01:55:56.159 --> 01:56:00.399
<v Speaker 2>retailers face. The digital natives are now a dominant in

2271
01:56:00.439 --> 01:56:05.199
<v Speaker 2>retail consumer behavior. Westpac projects millennials will spend six hundred

2272
01:56:05.199 --> 01:56:09.800
<v Speaker 2>and seventy five dollars Australian dollar to average over or

2273
01:56:09.840 --> 01:56:13.600
<v Speaker 2>on average over Black Friday Cyber Monday promotions, compared with

2274
01:56:13.880 --> 01:56:17.079
<v Speaker 2>four hundred and thirty dollars in Australian currency for boomers.

2275
01:56:17.560 --> 01:56:22.680
<v Speaker 2>Retailers can leverage this insight to tailor messaging suggestions, campaigns,

2276
01:56:22.720 --> 01:56:27.479
<v Speaker 2>and channel strategies. Black Friday creep which You're not gonna lie.

2277
01:56:27.760 --> 01:56:29.279
<v Speaker 2>This is the first time I've heard of it, Raven

2278
01:56:29.520 --> 01:56:32.359
<v Speaker 2>When you said this a moment ago. Black Friday creep

2279
01:56:32.479 --> 01:56:37.079
<v Speaker 2>is also now a thing, with promotions launching earlier each year.

2280
01:56:37.359 --> 01:56:41.119
<v Speaker 2>While early campaigns can capture attention, they also risk fatigue.

2281
01:56:41.279 --> 01:56:46.239
<v Speaker 2>Retailers must time campaign strategically, mindful of proximity to Christmas

2282
01:56:46.279 --> 01:56:50.880
<v Speaker 2>and cultural buying patterns, like in the Philippines September Christmas

2283
01:56:50.880 --> 01:56:55.079
<v Speaker 2>craze in an endeavor to win those early eyeballs. I

2284
01:56:55.119 --> 01:56:58.720
<v Speaker 2>didn't know the Philippines celebrated Christmas in September. That's a

2285
01:56:58.760 --> 01:57:02.239
<v Speaker 2>thing that we all now know. Okay, I don't know.

2286
01:57:03.159 --> 01:57:06.479
<v Speaker 2>Data driven retail has also become a science in itself.

2287
01:57:06.840 --> 01:57:11.119
<v Speaker 2>Mastery of one click buying, ab testing language, best visuals,

2288
01:57:11.279 --> 01:57:16.279
<v Speaker 2>or user experience to optimize conversions have all become practice.

2289
01:57:16.319 --> 01:57:21.800
<v Speaker 2>Retailers continually seek to master. The documentary by Now also

2290
01:57:21.880 --> 01:57:25.600
<v Speaker 2>highlights these profit driving strategies must be done while considering

2291
01:57:25.640 --> 01:57:30.640
<v Speaker 2>product longevity and even post sale impact to environments. Operational

2292
01:57:30.680 --> 01:57:34.800
<v Speaker 2>caution remains critical. The ACCC I don't know who that is,

2293
01:57:35.359 --> 01:57:39.520
<v Speaker 2>filed proceedings against Woolsworth and Coals in twenty twenty four

2294
01:57:39.640 --> 01:57:44.159
<v Speaker 2>over allegedly misleading discount practices that are still progressing through

2295
01:57:44.159 --> 01:57:47.479
<v Speaker 2>the courts in twenty twenty five. These cases demonstrate price

2296
01:57:47.640 --> 01:57:53.000
<v Speaker 2>gamification and the importance of compliance. Temporary price inflations before

2297
01:57:53.079 --> 01:57:57.600
<v Speaker 2>a quote unquote discount may mislead consumers and ultimately undermine

2298
01:57:57.640 --> 01:58:02.760
<v Speaker 2>trust if not managed transparently. Yeah, that's literally what we

2299
01:58:02.840 --> 01:58:04.680
<v Speaker 2>were just talking about. And I'm glad to see that

2300
01:58:04.720 --> 01:58:08.199
<v Speaker 2>there is multiple companies Woolsworth and Coals.

2301
01:58:08.520 --> 01:58:10.680
<v Speaker 3>I didn't know Coles was in the mix on this one,

2302
01:58:10.720 --> 01:58:14.560
<v Speaker 3>but it checks out. I could see it for sure.

2303
01:58:15.760 --> 01:58:19.000
<v Speaker 2>During my years in e commerce at groupon, navigating such

2304
01:58:19.000 --> 01:58:23.319
<v Speaker 2>promotional strategies required careful oversight from both sales and operations

2305
01:58:23.319 --> 01:58:28.000
<v Speaker 2>to present, prevent rather driving misleading campaigns. Retailers would be

2306
01:58:28.000 --> 01:58:33.239
<v Speaker 2>well well served monitoring historical pricing, maintaining transparency, and aligning

2307
01:58:33.279 --> 01:58:37.640
<v Speaker 2>promotions with ethical standards. The ACCC in twenty twenty four

2308
01:58:37.920 --> 01:58:42.560
<v Speaker 2>guidance in relation to bad actors remained highly relevant. Over

2309
01:58:42.640 --> 01:58:46.119
<v Speaker 2>forty five hundred scams, counterfeit items, and fake stores were

2310
01:58:46.159 --> 01:58:48.960
<v Speaker 2>reported in twenty twenty four to twenty twenty five, up

2311
01:58:49.000 --> 01:58:52.359
<v Speaker 2>from three thousand in twenty twenty three to twenty twenty four. Wow,

2312
01:58:52.399 --> 01:58:57.880
<v Speaker 2>so they saw a fifteen hundred number uptick in scams

2313
01:58:57.920 --> 01:58:58.880
<v Speaker 2>in one year's time.

2314
01:58:59.199 --> 01:59:02.600
<v Speaker 4>Yes, scams are huge, huge thing being reported right now.

2315
01:59:02.680 --> 01:59:06.680
<v Speaker 4>So everyone be really careful because apparently scams are like

2316
01:59:06.880 --> 01:59:10.680
<v Speaker 4>in everything happening, and they're hitting you with the digital

2317
01:59:10.800 --> 01:59:15.079
<v Speaker 4>marketing ads on and they're somehow getting your information too.

2318
01:59:15.199 --> 01:59:21.279
<v Speaker 2>So yeah, absolutely, it's causing consumers significant sums. Retailers should

2319
01:59:21.279 --> 01:59:25.760
<v Speaker 2>clearly communicate authenticity, highlight secure channels, and invest in educating

2320
01:59:25.800 --> 01:59:27.000
<v Speaker 2>and protecting shoppers.

2321
01:59:27.079 --> 01:59:27.760
<v Speaker 3>I agree.

2322
01:59:28.199 --> 01:59:32.760
<v Speaker 2>The continued rapid evolution of AI introduces amplified opportunity, along

2323
01:59:32.800 --> 01:59:35.720
<v Speaker 2>with a whole new set of challenges. Deep fake chat

2324
01:59:35.760 --> 01:59:40.960
<v Speaker 2>bots or AI agents impersonating legitimate retailers are increasingly sophisticated

2325
01:59:41.279 --> 01:59:45.520
<v Speaker 2>retailers must deploy verification, human oversight, and proactive communication to

2326
01:59:45.680 --> 01:59:49.920
<v Speaker 2>mitigate their own risks in addition to their customers. Yeah,

2327
01:59:49.960 --> 01:59:53.239
<v Speaker 2>I absolutely can see that becoming a thing to AI scams,

2328
01:59:53.359 --> 01:59:57.760
<v Speaker 2>because why not. There's no person a pinpoint as the

2329
01:59:57.760 --> 01:59:59.960
<v Speaker 2>guilty party if it was an AI chatbot the whole time,

2330
02:00:00.720 --> 02:00:04.880
<v Speaker 2>you know. Consumer behavior during Black Friday is also shaped

2331
02:00:04.880 --> 02:00:08.520
<v Speaker 2>by additional behavior factors FOMO. The fear of missing out

2332
02:00:08.760 --> 02:00:12.079
<v Speaker 2>has become a defining driver of consumer behavior in the

2333
02:00:12.119 --> 02:00:16.039
<v Speaker 2>digital age and rise of social media. While some fears

2334
02:00:16.119 --> 02:00:19.520
<v Speaker 2>are innate, ranging from basic survival instincts like the fear

2335
02:00:19.520 --> 02:00:22.880
<v Speaker 2>of falling or loud sounds, to more existential fears such

2336
02:00:22.880 --> 02:00:26.239
<v Speaker 2>as loss of autonomy, separation, or even death, the fear

2337
02:00:26.279 --> 02:00:29.760
<v Speaker 2>of missing out not necessarily a strict scientific fear, is

2338
02:00:29.840 --> 02:00:33.880
<v Speaker 2>more of a learned response. With the average consumer spending

2339
02:00:33.880 --> 02:00:37.520
<v Speaker 2>approximately one hundred and forty three minutes a day immersed

2340
02:00:37.560 --> 02:00:42.039
<v Speaker 2>on social media in highly curated glimpses of others' lives

2341
02:00:42.039 --> 02:00:46.319
<v Speaker 2>and purchases, the influences of FOMO on buying decisions, especially

2342
02:00:46.399 --> 02:00:51.119
<v Speaker 2>during events like bragg Friday, can be significant. The average

2343
02:00:51.119 --> 02:00:54.399
<v Speaker 2>consumer spends over two hours damn near two and a

2344
02:00:54.439 --> 02:00:57.760
<v Speaker 2>half hours a day on their phone.

2345
02:00:57.680 --> 02:01:00.920
<v Speaker 4>Yeah wow, and like the whole.

2346
02:01:00.640 --> 02:01:03.039
<v Speaker 3>Social media, not just on their phone on socials.

2347
02:01:03.399 --> 02:01:06.079
<v Speaker 4>That entire paragraph is exactly what we've been talking about.

2348
02:01:06.119 --> 02:01:08.920
<v Speaker 4>So yeah, it's it's definitely crazy. And then it talks

2349
02:01:08.920 --> 02:01:09.920
<v Speaker 4>about herd mentality.

2350
02:01:10.079 --> 02:01:14.359
<v Speaker 2>So it's crazy because I literally don't get on socials period,

2351
02:01:14.720 --> 02:01:18.279
<v Speaker 2>And I gotta say, nobody freeing experience.

2352
02:01:18.800 --> 02:01:21.640
<v Speaker 4>I mean, but think of how much consumption of still

2353
02:01:21.680 --> 02:01:25.199
<v Speaker 4>electronic stuff that you have that you consume a day.

2354
02:01:25.960 --> 02:01:28.880
<v Speaker 2>Sure, but I mean again, I understand I'm not your

2355
02:01:28.920 --> 02:01:31.920
<v Speaker 2>average consumer, but most of my stuff on a screen

2356
02:01:32.039 --> 02:01:35.079
<v Speaker 2>is for research purposes and there are some influences that

2357
02:01:35.119 --> 02:01:37.520
<v Speaker 2>I watch, some YouTubers that I watch for the entertainment

2358
02:01:37.520 --> 02:01:38.039
<v Speaker 2>factor of it.

2359
02:01:38.079 --> 02:01:41.800
<v Speaker 3>But like that blows my mind. Who has two and

2360
02:01:41.800 --> 02:01:45.119
<v Speaker 3>a half hours every day to spend on socials?

2361
02:01:45.720 --> 02:01:48.920
<v Speaker 4>I mean, it's the same as you watching kill Tony,

2362
02:01:49.520 --> 02:01:52.640
<v Speaker 4>Like it's it's the same, but it's the same concept.

2363
02:01:52.680 --> 02:01:56.159
<v Speaker 4>Instead of watching that, somebody is watching socials because there's

2364
02:01:56.199 --> 02:02:00.840
<v Speaker 4>a whole other psychological thing that goes into you being

2365
02:02:00.880 --> 02:02:04.279
<v Speaker 4>on social media and seeing what everybody else is doing

2366
02:02:04.319 --> 02:02:08.039
<v Speaker 4>and how if you feel alone it helps with loneliness,

2367
02:02:08.079 --> 02:02:11.000
<v Speaker 4>and there's just a lot of stuff that goes into it.

2368
02:02:11.079 --> 02:02:15.399
<v Speaker 4>Social media plays and plays on our I think, our weaknesses,

2369
02:02:15.479 --> 02:02:19.079
<v Speaker 4>really and it can encourage community. Though there is a

2370
02:02:19.119 --> 02:02:21.840
<v Speaker 4>lot of positives, there is a lot of negatives. Unfortunately.

2371
02:02:21.880 --> 02:02:24.600
<v Speaker 4>It's it just comes with the territory of social media.

2372
02:02:25.399 --> 02:02:27.439
<v Speaker 2>You got me on the Kiltony one, but that's like

2373
02:02:27.479 --> 02:02:29.159
<v Speaker 2>a once a week's show. But the truth of the

2374
02:02:29.199 --> 02:02:32.840
<v Speaker 2>matter is, yeah, Monday nights, I am spoken for. I

2375
02:02:33.159 --> 02:02:36.600
<v Speaker 2>watch Kiltony pretty much religiously because I just I do

2376
02:02:36.640 --> 02:02:39.159
<v Speaker 2>love stand up comedy and I love watching.

2377
02:02:38.840 --> 02:02:41.600
<v Speaker 4>His little It's trash. The whole thing is, oh no,

2378
02:02:41.640 --> 02:02:42.000
<v Speaker 4>it is not.

2379
02:02:42.119 --> 02:02:45.800
<v Speaker 2>There's a lot of trash. Not that shock no, But

2380
02:02:45.840 --> 02:02:49.119
<v Speaker 2>that's the thing. The good ones shine through, the bad

2381
02:02:49.159 --> 02:02:52.000
<v Speaker 2>ones get roasted alive, and I love both.

2382
02:02:52.399 --> 02:02:53.279
<v Speaker 3>I love both.

2383
02:02:53.760 --> 02:02:59.479
<v Speaker 2>But anyway, continuing on here, it says, uh, equality or wow, jeez,

2384
02:02:59.479 --> 02:03:03.359
<v Speaker 2>I'm just making more important. Equally important is herd mentality.

2385
02:03:03.600 --> 02:03:07.399
<v Speaker 2>Consumers are often drawn to carnival, to the carnival of

2386
02:03:07.479 --> 02:03:11.560
<v Speaker 2>collective activity, with a small subset often perceived as more

2387
02:03:11.640 --> 02:03:17.039
<v Speaker 2>informed or expert, subtly influencing many others. Professor of neuroscience.

2388
02:03:17.039 --> 02:03:21.720
<v Speaker 2>Michael Platt notes in Big Think feature that this tendency

2389
02:03:21.760 --> 02:03:25.159
<v Speaker 2>to follow the herd emerges from our social brain networks.

2390
02:03:25.439 --> 02:03:29.199
<v Speaker 2>For retailers, this manifests in everything from trending product categories

2391
02:03:29.199 --> 02:03:33.399
<v Speaker 2>to flash promotions. Understanding which signals trigger hard behavior. Doing

2392
02:03:33.439 --> 02:03:38.920
<v Speaker 2>so ethically helps retainers design a Yeah, retailers rather design

2393
02:03:39.039 --> 02:03:42.680
<v Speaker 2>and unlock campaigns that both engage and convert buyers.

2394
02:03:43.439 --> 02:03:47.600
<v Speaker 4>Retailers can do I know you said hard behavior, heard behavior?

2395
02:03:47.680 --> 02:03:52.039
<v Speaker 4>Heard you did you said hard behavior? I was like, no,

2396
02:03:52.239 --> 02:03:52.840
<v Speaker 4>it's herd.

2397
02:03:52.680 --> 02:03:54.399
<v Speaker 3>Behavior triggers hard behavior.

2398
02:03:54.880 --> 02:04:00.479
<v Speaker 2>Was hard as nails, dude, anyway, Continuing retail sailors can

2399
02:04:00.520 --> 02:04:04.880
<v Speaker 2>harness these behavioral insights responsibly through social proof, urgency, and

2400
02:04:04.960 --> 02:04:10.159
<v Speaker 2>pure influenced strategies, but must avoid manipulative tactics that erode

2401
02:04:10.159 --> 02:04:12.439
<v Speaker 2>trust and put them in the line of fire from

2402
02:04:12.439 --> 02:04:14.800
<v Speaker 2>industry and consumer protection agencies.

2403
02:04:15.520 --> 02:04:18.359
<v Speaker 3>Yeah, that's not something that they're doing. They should. They

2404
02:04:18.359 --> 02:04:19.239
<v Speaker 3>absolutely should.

2405
02:04:19.560 --> 02:04:22.359
<v Speaker 2>They're just like not though, but whatever, It's all about

2406
02:04:22.359 --> 02:04:24.560
<v Speaker 2>the almighty dollabil At the end of the day, after all,

2407
02:04:25.079 --> 02:04:29.640
<v Speaker 2>behavioral insights like these are highly actionable. Consumers may make

2408
02:04:29.760 --> 02:04:34.439
<v Speaker 2>fast emotional decisions aligned with Nobel Memorial Prize recipient Daniel

2409
02:04:34.520 --> 02:04:39.439
<v Speaker 2>Kainman's System IE and Slower Deliberate Choices System two. I've

2410
02:04:39.479 --> 02:04:42.279
<v Speaker 2>never heard of this gentleman, but okay, he is a

2411
02:04:42.319 --> 02:04:43.560
<v Speaker 2>Nobel Prize laureate.

2412
02:04:43.760 --> 02:04:44.359
<v Speaker 3>Good for him.

2413
02:04:44.880 --> 02:04:48.159
<v Speaker 2>Retailers can design campaigns appealing to both fast and slow

2414
02:04:48.199 --> 02:04:52.199
<v Speaker 2>decision making strategies of shoppers clear visuals, urgency cues and

2415
02:04:52.319 --> 02:04:56.199
<v Speaker 2>social proof for quick decisions, plus detailed product info and

2416
02:04:56.239 --> 02:05:02.159
<v Speaker 2>trustworthy content for the more deliberative buyer. University of Melbourne

2417
02:05:02.680 --> 02:05:07.760
<v Speaker 2>or Melbourne research shows that first impressions form in seven seconds,

2418
02:05:08.199 --> 02:05:10.600
<v Speaker 2>and I've heard that from multiple sorts, like whenever you

2419
02:05:10.640 --> 02:05:12.720
<v Speaker 2>go to a restaurant and you order a plate of

2420
02:05:12.720 --> 02:05:15.760
<v Speaker 2>food of something you'd never tried before, within seven seconds

2421
02:05:15.760 --> 02:05:18.279
<v Speaker 2>of looking at it, you're gonna decide if you're gonna like.

2422
02:05:18.239 --> 02:05:18.600
<v Speaker 3>It or not.

2423
02:05:19.439 --> 02:05:24.079
<v Speaker 4>Yes, seven seconds is how long people have an attention

2424
02:05:24.640 --> 02:05:27.760
<v Speaker 4>span for now for social media as well, so if

2425
02:05:27.800 --> 02:05:30.279
<v Speaker 4>you don't grab them within the first three seconds of

2426
02:05:30.359 --> 02:05:34.199
<v Speaker 4>any video, they are likely not to even exceed seven seconds.

2427
02:05:35.600 --> 02:05:36.560
<v Speaker 3>That blows my mind.

2428
02:05:36.640 --> 02:05:39.960
<v Speaker 2>I remember growing up that was always a joke, like, man,

2429
02:05:40.000 --> 02:05:42.880
<v Speaker 2>you got the attention span of a goldfish because that

2430
02:05:43.000 --> 02:05:44.800
<v Speaker 2>resets every six seconds.

2431
02:05:45.359 --> 02:05:45.680
<v Speaker 3>They have.

2432
02:05:47.159 --> 02:05:50.800
<v Speaker 2>They have engineered the human brain now to where we

2433
02:05:50.840 --> 02:05:53.279
<v Speaker 2>have an attention span of seven seconds.

2434
02:05:53.600 --> 02:05:54.359
<v Speaker 4>Seven seconds.

2435
02:05:54.399 --> 02:05:56.079
<v Speaker 3>Yeah, that's not how it used to be.

2436
02:05:57.159 --> 02:06:02.600
<v Speaker 4>No, But also it's it's all about the constant high

2437
02:06:02.600 --> 02:06:06.319
<v Speaker 4>of doom scrolling, like you're consistently being fed new things

2438
02:06:06.359 --> 02:06:10.119
<v Speaker 4>like children can't sit still and watch movies hardly that

2439
02:06:10.199 --> 02:06:13.880
<v Speaker 4>if it's not flashy and very intense, they're not gonna

2440
02:06:13.880 --> 02:06:16.159
<v Speaker 4>want to watch it. Like it's the same thing as

2441
02:06:16.159 --> 02:06:19.159
<v Speaker 4>though adults. So because we're now being programmed the same way,

2442
02:06:19.560 --> 02:06:22.920
<v Speaker 4>and so your impressions of any product is you have

2443
02:06:23.279 --> 02:06:28.039
<v Speaker 4>seven seconds to make an impact, like on somebody. So

2444
02:06:28.760 --> 02:06:32.479
<v Speaker 4>how how I ended up with the pool for the backyard?

2445
02:06:33.199 --> 02:06:34.720
<v Speaker 3>Well, I mean it's the same as like, and they're

2446
02:06:34.720 --> 02:06:36.039
<v Speaker 3>doing it with the small children too.

2447
02:06:36.039 --> 02:06:38.760
<v Speaker 2>We've talked about cocoa melon, which of course we don't

2448
02:06:38.800 --> 02:06:42.159
<v Speaker 2>let our children watch because we're good parents. But if

2449
02:06:42.199 --> 02:06:46.000
<v Speaker 2>you watch cocoa melon, just as an adult, every six

2450
02:06:46.039 --> 02:06:49.640
<v Speaker 2>seconds or less, the frame changes, m h. And it's

2451
02:06:49.720 --> 02:06:52.359
<v Speaker 2>it's for that same reason. It's to keep the eyes

2452
02:06:52.399 --> 02:06:55.520
<v Speaker 2>glued to the screen. It is scary, and they are

2453
02:06:55.960 --> 02:07:00.640
<v Speaker 2>training these children from basically infantile states up until adulthood

2454
02:07:01.039 --> 02:07:04.000
<v Speaker 2>to have that level of attention span that is dangerous.

2455
02:07:05.039 --> 02:07:08.079
<v Speaker 2>But you're right, they've already got the majority of the

2456
02:07:08.079 --> 02:07:10.359
<v Speaker 2>population trained on that, i e.

2457
02:07:10.479 --> 02:07:14.079
<v Speaker 3>Doom scrolling. It's the same shit as mind blowing.

2458
02:07:14.119 --> 02:07:18.239
<v Speaker 2>Anyway, every touch point online, in app, or in store matters.

2459
02:07:18.279 --> 02:07:23.039
<v Speaker 2>Retailers must optimize user experience, product presentation, and trust signals

2460
02:07:23.039 --> 02:07:28.079
<v Speaker 2>for instant credibility. Finally, Elizabeth Cubler Ross reminds us there

2461
02:07:28.079 --> 02:07:31.720
<v Speaker 2>are only two emotions, love and fear. All positive emotions

2462
02:07:31.760 --> 02:07:35.800
<v Speaker 2>from love on negative emotions from fear. Retailers will ideally

2463
02:07:35.840 --> 02:07:39.560
<v Speaker 2>aim to design experiences that foster positive engagement and reduce

2464
02:07:39.640 --> 02:07:43.359
<v Speaker 2>fear driven behaviors that may ultimately lead to distrust, increased

2465
02:07:43.720 --> 02:07:48.359
<v Speaker 2>increased returns, or complaints. Black Friday twenty twenty five continues

2466
02:07:48.399 --> 02:07:52.479
<v Speaker 2>to offer enormous opportunity, but also risk. Ethical data driven

2467
02:07:52.520 --> 02:07:57.319
<v Speaker 2>campaigns informed by behavioral insights, pricing, transparency, and AI vigilance

2468
02:07:57.399 --> 02:08:01.960
<v Speaker 2>are essential to convert sales response, consibly, protect brand reputation,

2469
02:08:02.319 --> 02:08:06.279
<v Speaker 2>and maintain customer or consumer trust. I could have just

2470
02:08:06.319 --> 02:08:09.000
<v Speaker 2>said customer trust. Honestly, it's the same thing they say consumer.

2471
02:08:09.039 --> 02:08:13.960
<v Speaker 3>It's customer Yeah. Wow, it is a mind blowing article.

2472
02:08:15.800 --> 02:08:17.600
<v Speaker 5>It's pretty crazy, honestly.

2473
02:08:18.800 --> 02:08:24.560
<v Speaker 2>How yeah, that's also very depressing. I'm a little black

2474
02:08:24.560 --> 02:08:26.960
<v Speaker 2>pilled at this moment. Gotta be honest with you. But

2475
02:08:27.119 --> 02:08:29.359
<v Speaker 2>now let's take it back in history a bit here.

2476
02:08:29.399 --> 02:08:31.840
<v Speaker 2>This is from history dot com. If I'm not mistaken, Yeah,

2477
02:08:31.880 --> 02:08:35.079
<v Speaker 2>shouts out to history dot com. What's the real history

2478
02:08:35.119 --> 02:08:38.560
<v Speaker 2>of Black Friday? The retail bonanza known as Black Friday

2479
02:08:38.640 --> 02:08:42.279
<v Speaker 2>is now an integral part of many Thanksgiving celebrations. But

2480
02:08:42.359 --> 02:08:46.439
<v Speaker 2>this holiday tradition has darker roots than you might imagine. Ooh,

2481
02:08:46.800 --> 02:08:47.760
<v Speaker 2>that sounds ominous.

2482
02:08:47.840 --> 02:08:50.680
<v Speaker 3>Let's check it out. The first recorded use of the

2483
02:08:50.760 --> 02:08:54.640
<v Speaker 3>term black Friday was applied not to post Thanksgiving holiday shopping,

2484
02:08:54.960 --> 02:08:58.840
<v Speaker 3>but to a financial crisis, specifically the crash of the

2485
02:08:58.960 --> 02:09:02.960
<v Speaker 3>US gold market on September twenty fourth, eighteen sixty nine.

2486
02:09:03.520 --> 02:09:05.600
<v Speaker 3>Two notoriously ruthless.

2487
02:09:05.199 --> 02:09:10.600
<v Speaker 2>Wall Street financiers Jay Gould and Jim Fisk. I've in

2488
02:09:10.640 --> 02:09:13.079
<v Speaker 2>my life heard of Fisk and Gold a time or

2489
02:09:13.079 --> 02:09:16.359
<v Speaker 2>two worked together to buy up as much as they

2490
02:09:16.399 --> 02:09:19.199
<v Speaker 2>could of the nation's gold, hoping to drive the price

2491
02:09:19.239 --> 02:09:22.479
<v Speaker 2>sky high and sell it for an astonishing profit. On

2492
02:09:22.560 --> 02:09:26.479
<v Speaker 2>that Friday in September, the conspiracy finally unraveled, sending the

2493
02:09:26.479 --> 02:09:31.079
<v Speaker 2>stock market into freefall and bankrupting everyone from Wall Street

2494
02:09:31.079 --> 02:09:32.279
<v Speaker 2>barons to farmers.

2495
02:09:33.439 --> 02:09:33.920
<v Speaker 1>Wow.

2496
02:09:34.079 --> 02:09:37.319
<v Speaker 2>The most commonly repeated story behind the Thanksgiving shopping related

2497
02:09:37.319 --> 02:09:41.119
<v Speaker 2>to Black Friday tradition links it to retailers. As the story goes,

2498
02:09:41.279 --> 02:09:43.720
<v Speaker 2>after an entire year of operating at a loss or

2499
02:09:43.920 --> 02:09:46.760
<v Speaker 2>in the red, as is called an industry, stores would

2500
02:09:46.800 --> 02:09:50.520
<v Speaker 2>supposedly earn a profit when into the black as it's

2501
02:09:50.600 --> 02:09:54.479
<v Speaker 2>referred to, on the day after Thanksgiving because holiday shoppers

2502
02:09:54.479 --> 02:09:58.239
<v Speaker 2>blew so much money on discount and merchandise. Though retail

2503
02:09:58.319 --> 02:10:02.479
<v Speaker 2>companies indeed used to record losses in red and profits

2504
02:10:02.479 --> 02:10:05.239
<v Speaker 2>in black when doing their accounting, this version of Black

2505
02:10:05.239 --> 02:10:09.840
<v Speaker 2>Friday's origin is officially sanctioned, but not inaccurate story behind

2506
02:10:09.880 --> 02:10:15.119
<v Speaker 2>the tradition Wow. In recent years, another myth has surfaced

2507
02:10:15.119 --> 02:10:19.359
<v Speaker 2>that gives a particularly ugly twist to the tradition, claiming

2508
02:10:19.399 --> 02:10:23.159
<v Speaker 2>that back in the eighteen hundreds, southern plantation owners could

2509
02:10:23.199 --> 02:10:27.000
<v Speaker 2>buy enslaved workers at a discount on the day after Thanksgiving.

2510
02:10:27.479 --> 02:10:30.600
<v Speaker 2>Though this version of Black Friday's roots is understandably led

2511
02:10:30.720 --> 02:10:34.720
<v Speaker 2>some to call for a boycott of the retail holiday,

2512
02:10:35.000 --> 02:10:37.560
<v Speaker 2>it has no basis in fact, Yeah, I'm about to

2513
02:10:37.560 --> 02:10:41.319
<v Speaker 2>say that doesn't even sound accurate to me, Like I

2514
02:10:41.399 --> 02:10:46.199
<v Speaker 2>understand where they're coming from. There's not a slave market

2515
02:10:46.199 --> 02:10:48.399
<v Speaker 2>that was going to give a discount because of what

2516
02:10:48.680 --> 02:10:49.399
<v Speaker 2>day it was.

2517
02:10:49.560 --> 02:10:50.359
<v Speaker 3>That's bullshit.

2518
02:10:51.199 --> 02:10:55.319
<v Speaker 4>There's a lot of videos that are circulating. Actually, you

2519
02:10:55.319 --> 02:10:58.960
<v Speaker 4>could type in Black Friday history on TikTok and there's

2520
02:10:59.000 --> 02:11:01.800
<v Speaker 4>about one hundred video right out the gate that is

2521
02:11:02.039 --> 02:11:05.840
<v Speaker 4>specifically about these two images that are being shown and

2522
02:11:05.880 --> 02:11:11.640
<v Speaker 4>circulating I think since twenty thirteen about black slaves being

2523
02:11:12.039 --> 02:11:15.760
<v Speaker 4>sold specifically at a lower price on this day, and

2524
02:11:15.840 --> 02:11:18.600
<v Speaker 4>like how and all of that. But I did want

2525
02:11:18.640 --> 02:11:24.640
<v Speaker 4>to touch really quickly though on the original gold situation.

2526
02:11:24.840 --> 02:11:28.239
<v Speaker 4>It was actually President Grant that caught on to the

2527
02:11:28.279 --> 02:11:32.159
<v Speaker 4>scam and he flooded the market with gold, causing the

2528
02:11:32.199 --> 02:11:34.359
<v Speaker 4>colossal stock market crash.

2529
02:11:35.439 --> 02:11:37.960
<v Speaker 5>Actually, so it was.

2530
02:11:39.399 --> 02:11:40.479
<v Speaker 3>Right after the Civil War.

2531
02:11:40.880 --> 02:11:43.159
<v Speaker 2>He was trying to do things to stimulate the economy,

2532
02:11:43.239 --> 02:11:46.439
<v Speaker 2>so he flooded the market with gold, crashing the price.

2533
02:11:46.760 --> 02:11:48.399
<v Speaker 2>Then you had Fisk and Goold come in and buy

2534
02:11:48.479 --> 02:11:50.079
<v Speaker 2>it all up for pennies on the dollar as a

2535
02:11:50.079 --> 02:11:51.439
<v Speaker 2>way to drive the price back up.

2536
02:11:52.640 --> 02:11:55.680
<v Speaker 4>It says that they were actually fish and Gould, where

2537
02:11:55.720 --> 02:11:58.880
<v Speaker 4>the president and vice president of the railroad, and had

2538
02:11:58.920 --> 02:12:02.119
<v Speaker 4>a reputation for the two for being their most ruthless.

2539
02:12:03.000 --> 02:12:04.159
<v Speaker 5>They had actually.

2540
02:12:03.920 --> 02:12:07.720
<v Speaker 4>Plotted months long plot to rig the gold market came

2541
02:12:07.760 --> 02:12:10.079
<v Speaker 4>to a head. Gold and Fisk had been driving up

2542
02:12:10.119 --> 02:12:12.920
<v Speaker 4>the price of gold for weeks, buying up huge reserves

2543
02:12:12.960 --> 02:12:17.000
<v Speaker 4>of this precious metal. Then one day, when President Grant

2544
02:12:17.520 --> 02:12:20.199
<v Speaker 4>caught wise to the scam, he flooded the market with gold,

2545
02:12:20.239 --> 02:12:23.560
<v Speaker 4>causing the colossal stock market crash. This day became known

2546
02:12:23.600 --> 02:12:26.000
<v Speaker 4>as Black Friday because the effects were felt for the

2547
02:12:26.399 --> 02:12:32.279
<v Speaker 4>felt in the US economy for years, thousands of speculators, sorry,

2548
02:12:32.520 --> 02:12:35.880
<v Speaker 4>we're left financially ruined, and at least one committed suicide.

2549
02:12:36.199 --> 02:12:39.199
<v Speaker 4>Foreign trade ground to a halt, while it is believed

2550
02:12:39.199 --> 02:12:41.760
<v Speaker 4>that farmers may have been hit the hardest, with many

2551
02:12:41.840 --> 02:12:46.119
<v Speaker 4>seeing their value of their wheaten corn harvested dipped by

2552
02:12:46.239 --> 02:12:47.039
<v Speaker 4>fifty percent.

2553
02:12:48.399 --> 02:12:54.039
<v Speaker 3>Wow. Mm hmm, that is increds that's wild.

2554
02:12:55.239 --> 02:12:59.319
<v Speaker 4>So that's how that's one theory of how the that

2555
02:12:59.399 --> 02:13:03.319
<v Speaker 4>we're getting to the actual how Now, traditionally Black Friday

2556
02:13:03.359 --> 02:13:03.880
<v Speaker 4>came about.

2557
02:13:04.479 --> 02:13:07.279
<v Speaker 3>Yeah, I'm on screen right now, not to take away

2558
02:13:07.279 --> 02:13:08.880
<v Speaker 3>from what you were saying, but I was very curious

2559
02:13:08.880 --> 02:13:12.199
<v Speaker 3>because I have never heard of a slave auction going

2560
02:13:12.239 --> 02:13:15.159
<v Speaker 3>at discounted prices because of some sort of a day.

2561
02:13:15.760 --> 02:13:19.359
<v Speaker 3>So this isn't like a historically accurate thing. It just

2562
02:13:19.399 --> 02:13:22.319
<v Speaker 3>says slavery auction the true meaning behind Black Friday. But

2563
02:13:22.520 --> 02:13:26.760
<v Speaker 3>let's read in slaves at auction on Thursday the twenty fourth,

2564
02:13:26.880 --> 02:13:31.600
<v Speaker 3>instume we will sell da I can't read all that

2565
02:13:31.640 --> 02:13:33.479
<v Speaker 3>small script print.

2566
02:13:34.239 --> 02:13:35.920
<v Speaker 5>So some of the pictures that.

2567
02:13:37.880 --> 02:13:42.039
<v Speaker 4>One that says Black Friday right up above has a picture,

2568
02:13:42.119 --> 02:13:45.600
<v Speaker 4>but then when you look at it, so those pictures

2569
02:13:45.600 --> 02:13:47.640
<v Speaker 4>that you have on screen right now, there are several

2570
02:13:47.680 --> 02:13:52.000
<v Speaker 4>images that are the ones that have been cycling through

2571
02:13:52.079 --> 02:13:55.399
<v Speaker 4>the internet. And we will read from an actually all

2572
02:13:55.479 --> 02:13:58.920
<v Speaker 4>African American site that talks about this. But I did

2573
02:13:58.960 --> 02:14:01.119
<v Speaker 4>want to kind of look into it, and from what

2574
02:14:01.199 --> 02:14:04.039
<v Speaker 4>I can tell, some of these images apparently are fake

2575
02:14:04.760 --> 02:14:09.359
<v Speaker 4>and they've been cycling through and they were actually generated

2576
02:14:09.439 --> 02:14:12.439
<v Speaker 4>and then pushed out. I read a couple articles about it,

2577
02:14:12.520 --> 02:14:15.079
<v Speaker 4>just trying to see if there is any historical background

2578
02:14:15.079 --> 02:14:17.199
<v Speaker 4>and precedence to this. But from what I can find,

2579
02:14:18.079 --> 02:14:20.319
<v Speaker 4>it has been debunked as a hoax, and it has

2580
02:14:20.399 --> 02:14:25.000
<v Speaker 4>been debunked as something not real in pertaining to specifically

2581
02:14:25.039 --> 02:14:27.720
<v Speaker 4>Black Friday. Obviously, we all know that slaves were sold

2582
02:14:27.720 --> 02:14:30.840
<v Speaker 4>and bought and stuff like that, but in this regard,

2583
02:14:31.680 --> 02:14:33.720
<v Speaker 4>I have not been able to find anything that actually

2584
02:14:33.720 --> 02:14:36.680
<v Speaker 4>pertains to it. And the other website we are going

2585
02:14:36.760 --> 02:14:40.720
<v Speaker 4>to read is from an all black website that does

2586
02:14:41.119 --> 02:14:42.039
<v Speaker 4>touch base on this.

2587
02:14:42.640 --> 02:14:46.800
<v Speaker 2>All right, Well, how again, as of this moment, I'm

2588
02:14:47.239 --> 02:14:50.760
<v Speaker 2>that sounds very hoaxy, but I am willing to be

2589
02:14:50.800 --> 02:14:52.640
<v Speaker 2>proven wrong on that one. I'm not some sort of

2590
02:14:52.640 --> 02:14:56.880
<v Speaker 2>an expert when it comes to Antebellum South markets and things,

2591
02:14:56.920 --> 02:15:01.199
<v Speaker 2>But yeah, that's I just have a real hard time

2592
02:15:01.239 --> 02:15:03.920
<v Speaker 2>believing that the dude coming off the ship with a

2593
02:15:03.960 --> 02:15:07.600
<v Speaker 2>whole new group that he's about to sell is going

2594
02:15:07.680 --> 02:15:10.840
<v Speaker 2>to receive less money for his troubles because he happened

2595
02:15:10.840 --> 02:15:14.079
<v Speaker 2>to hit the port on Black Friday.

2596
02:15:13.399 --> 02:15:16.640
<v Speaker 5>There is a historical TikTok guy.

2597
02:15:18.039 --> 02:15:20.720
<v Speaker 4>I couldn't find his credibility, so I didn't want to

2598
02:15:20.760 --> 02:15:24.840
<v Speaker 4>add it in. But he does break down and actually

2599
02:15:25.079 --> 02:15:29.640
<v Speaker 4>like shows the logs itself and like goes into the

2600
02:15:29.720 --> 02:15:33.239
<v Speaker 4>actual like reading of the logs, and he's like, nowhere

2601
02:15:33.399 --> 02:15:35.560
<v Speaker 4>can I have I been able to find that this

2602
02:15:35.640 --> 02:15:38.279
<v Speaker 4>has actually proven? I did go and read a couple

2603
02:15:38.399 --> 02:15:41.279
<v Speaker 4>websites that were more credible that did actually say that

2604
02:15:41.359 --> 02:15:44.840
<v Speaker 4>this was incorrect, that it didn't pertain to Black Friday.

2605
02:15:45.159 --> 02:15:46.720
<v Speaker 5>But that's why I kind of pulled up.

2606
02:15:46.640 --> 02:15:50.760
<v Speaker 4>At least two other articles just kind of showing the background,

2607
02:15:50.920 --> 02:15:54.439
<v Speaker 4>so that way, you know, if it was historically accurate.

2608
02:15:54.520 --> 02:15:56.640
<v Speaker 4>I did want to bring it up, but I cannot

2609
02:15:56.680 --> 02:16:00.720
<v Speaker 4>at this time find anything it actually pertains to Philadelphia.

2610
02:16:01.600 --> 02:16:04.600
<v Speaker 5>Okay, that is where Black Friday originated.

2611
02:16:05.239 --> 02:16:07.840
<v Speaker 3>Wow, we were just there too. Let's get into it here.

2612
02:16:07.880 --> 02:16:08.199
<v Speaker 3>It says.

2613
02:16:08.199 --> 02:16:11.159
<v Speaker 2>The real history behind Black Friday, however, is not as

2614
02:16:11.159 --> 02:16:13.720
<v Speaker 2>sunny as retailers might have you believe. Back in the

2615
02:16:13.800 --> 02:16:17.039
<v Speaker 2>nineteen fifties, police in Philadelphia used the term to describe

2616
02:16:17.079 --> 02:16:20.439
<v Speaker 2>the chaos that ensued on the day after Thanksgiving, when

2617
02:16:20.560 --> 02:16:24.000
<v Speaker 2>hordes of suburban shoppers and tourists flooded into the city

2618
02:16:24.079 --> 02:16:27.119
<v Speaker 2>in advance of the big Army Navy football game held

2619
02:16:27.239 --> 02:16:28.319
<v Speaker 2>on that Saturday.

2620
02:16:28.399 --> 02:16:33.040
<v Speaker 3>Every year. For the record, go Navy beat Army. Not

2621
02:16:33.159 --> 02:16:34.079
<v Speaker 3>only were.

2622
02:16:34.000 --> 02:16:36.399
<v Speaker 2>The Philly cops not able to take the day off,

2623
02:16:36.680 --> 02:16:39.440
<v Speaker 2>but they had to work extra long shifts dealing with

2624
02:16:39.520 --> 02:16:43.799
<v Speaker 2>the additional crowds and traffic. Shoplifters also took advantage of

2625
02:16:43.840 --> 02:16:47.280
<v Speaker 2>the bedlam in stores and made off with merchandise, adding

2626
02:16:47.319 --> 02:16:49.079
<v Speaker 2>to the law enforcement headache.

2627
02:16:49.760 --> 02:16:51.600
<v Speaker 3>Okay never heard.

2628
02:16:51.440 --> 02:16:54.559
<v Speaker 2>That by nineteen sixty one, Black Friday had caught on

2629
02:16:54.600 --> 02:16:57.559
<v Speaker 2>in Philadelphia to the extent that the city's merchants and

2630
02:16:57.639 --> 02:17:02.079
<v Speaker 2>boosters tried unsuccessfully to change it to Big Friday to

2631
02:17:02.159 --> 02:17:05.319
<v Speaker 2>remove the negative connotations. The term didn't spread to the

2632
02:17:05.319 --> 02:17:08.399
<v Speaker 2>rest of the country until much later, however, and as

2633
02:17:08.440 --> 02:17:12.159
<v Speaker 2>recently as nineteen eighty five, it wasn't in common use nationwide.

2634
02:17:12.600 --> 02:17:15.600
<v Speaker 2>Sometime in the late nineteen eighties, however, retailers found a

2635
02:17:15.600 --> 02:17:18.440
<v Speaker 2>way to reinvent Black Friday and turn it into something

2636
02:17:18.479 --> 02:17:22.959
<v Speaker 2>that reflected positivity rather than negativity, on them and their customers.

2637
02:17:23.280 --> 02:17:27.520
<v Speaker 2>The result was the red to black concept of the

2638
02:17:27.520 --> 02:17:30.520
<v Speaker 2>holiday mentioned earlier, and the notion that the day after

2639
02:17:30.559 --> 02:17:34.440
<v Speaker 2>Thanksgiving marked the occasion when America's stores finally turned a profit.

2640
02:17:35.200 --> 02:17:38.600
<v Speaker 2>The Black Friday story stuck, and pretty soon the terms

2641
02:17:38.719 --> 02:17:42.399
<v Speaker 2>darker roots in Philadelphia were largely forgotten. Since then, the

2642
02:17:42.719 --> 02:17:45.879
<v Speaker 2>one day sales bonanza has morphed into a four day

2643
02:17:45.920 --> 02:17:50.000
<v Speaker 2>event and spawned other quote unquote retail holidays, such as

2644
02:17:50.079 --> 02:17:54.200
<v Speaker 2>small Business Saturday and Sunday and Cyber Monday. I've never

2645
02:17:54.239 --> 02:17:58.600
<v Speaker 2>heard of small business Saturday, but okay, yeah, it's.

2646
02:17:58.479 --> 02:17:59.559
<v Speaker 5>Small Business Saturday.

2647
02:17:59.600 --> 02:18:04.319
<v Speaker 4>And they actually have a new term for Sunday too, Yeah,

2648
02:18:04.319 --> 02:18:06.159
<v Speaker 4>they have It's a four day event now.

2649
02:18:06.440 --> 02:18:06.639
<v Speaker 3>Yeah.

2650
02:18:06.719 --> 02:18:09.239
<v Speaker 2>No, Cyber Monday is like, that's a big one now,

2651
02:18:09.360 --> 02:18:14.399
<v Speaker 2>especially stores started opening earlier and earlier on that Friday,

2652
02:18:14.440 --> 02:18:18.079
<v Speaker 2>and now the most dedicated shoppers can head outright after

2653
02:18:18.159 --> 02:18:19.399
<v Speaker 2>their Thanksgiving meals.

2654
02:18:19.760 --> 02:18:20.440
<v Speaker 4>I have done it.

2655
02:18:20.760 --> 02:18:22.399
<v Speaker 5>I am a huge Black Friday shopper.

2656
02:18:22.879 --> 02:18:24.000
<v Speaker 3>Oh, I've done it before.

2657
02:18:24.360 --> 02:18:26.840
<v Speaker 2>But again, back when I was still living in Virginia,

2658
02:18:27.200 --> 02:18:29.479
<v Speaker 2>that was the last time I really like stood in

2659
02:18:29.559 --> 02:18:32.360
<v Speaker 2>line to get into a Best Buyer or a Walmart

2660
02:18:32.479 --> 02:18:35.520
<v Speaker 2>for it. There were fist fights, there.

2661
02:18:35.479 --> 02:18:39.399
<v Speaker 4>Was absolutely, yeah, back in the day, there were definitely more.

2662
02:18:40.559 --> 02:18:42.079
<v Speaker 3>No, I was because I lived in the hood. I

2663
02:18:42.120 --> 02:18:43.600
<v Speaker 3>ain't got nothing to do at the time. FD.

2664
02:18:46.360 --> 02:18:49.360
<v Speaker 2>So going back to the whole Black Friday as it

2665
02:18:49.440 --> 02:18:54.440
<v Speaker 2>may pertain to African American people. This is from Push

2666
02:18:54.600 --> 02:18:57.040
<v Speaker 2>Black Daily, Inspiring Black Stories.

2667
02:18:57.120 --> 02:18:57.639
<v Speaker 3>Just for you.

2668
02:18:58.079 --> 02:19:02.319
<v Speaker 2>What does Black Friday have to do with black people?

2669
02:19:02.639 --> 02:19:06.000
<v Speaker 2>Let's learn together, right, you've heard the story linking Black

2670
02:19:06.000 --> 02:19:10.000
<v Speaker 2>Friday to slavery, don't believe it. Although the holiday's origins

2671
02:19:10.159 --> 02:19:14.000
<v Speaker 2>do involve cops, it's more important to show what enslaved

2672
02:19:14.000 --> 02:19:17.559
<v Speaker 2>people were doing during the holiday season. In the nineteen

2673
02:19:17.600 --> 02:19:20.840
<v Speaker 2>fifties and sixties, the Philadelphia police named Black Friday because

2674
02:19:20.879 --> 02:19:23.479
<v Speaker 2>they dreaded the heavy traffic caused by people rushing into

2675
02:19:23.479 --> 02:19:27.000
<v Speaker 2>the city for post Thanksgiving Day shopping. Where does the

2676
02:19:27.079 --> 02:19:30.120
<v Speaker 2>term black and black Friday come from? While the holiday

2677
02:19:30.120 --> 02:19:31.479
<v Speaker 2>has nothing to do with us.

2678
02:19:31.319 --> 02:19:34.920
<v Speaker 3>Outright, but speaking to black people, it's not far fetched

2679
02:19:34.920 --> 02:19:38.360
<v Speaker 3>to wonder why many popular phrases associated with blackness are negative,

2680
02:19:38.559 --> 02:19:40.719
<v Speaker 3>black listed, black bald, black mail.

2681
02:19:41.079 --> 02:19:46.680
<v Speaker 2>Well, okay, a couple of those. The black bald actually

2682
02:19:46.719 --> 02:19:49.639
<v Speaker 2>goes back to free masonry, believe it or not. So

2683
02:19:49.799 --> 02:19:52.600
<v Speaker 2>when a new initiate is being voted in to his

2684
02:19:53.799 --> 02:19:56.959
<v Speaker 2>would be Mason's lodge, you either put a white cube

2685
02:19:57.000 --> 02:19:58.879
<v Speaker 2>in the box or you put a black ball in

2686
02:19:58.920 --> 02:20:01.879
<v Speaker 2>the box, and it has to be unanimous. And if

2687
02:20:01.879 --> 02:20:04.200
<v Speaker 2>they open the box and there's a single black ball,

2688
02:20:04.399 --> 02:20:06.319
<v Speaker 2>that person has been blackballed.

2689
02:20:06.639 --> 02:20:08.000
<v Speaker 3>That's where that comes from.

2690
02:20:08.000 --> 02:20:10.879
<v Speaker 2>But anyway, according to researchers, the use of black to

2691
02:20:10.959 --> 02:20:16.159
<v Speaker 2>describe bad things is subconsciously racialized. And as real world implications,

2692
02:20:16.360 --> 02:20:19.799
<v Speaker 2>especially for darker skinned people. So what we're enslaved people

2693
02:20:19.920 --> 02:20:23.719
<v Speaker 2>doing during the holiday season Black Friday didn't exist before

2694
02:20:23.719 --> 02:20:27.200
<v Speaker 2>the Civil War. During those times, our ancestors brilliantly used

2695
02:20:27.200 --> 02:20:30.879
<v Speaker 2>the holidays to get free. They strategically use the season

2696
02:20:30.920 --> 02:20:34.600
<v Speaker 2>as leverage because enslavers were away or had their guard down,

2697
02:20:34.879 --> 02:20:38.360
<v Speaker 2>They disguised themselves and used holiday travel passes to escape.

2698
02:20:38.600 --> 02:20:40.879
<v Speaker 2>We can spend our time as we please, as our

2699
02:20:40.920 --> 02:20:44.680
<v Speaker 2>ancestors knew all past, the freedom require a strategy. What

2700
02:20:44.840 --> 02:20:47.600
<v Speaker 2>cracks in the system can you find to help our

2701
02:20:47.639 --> 02:20:51.000
<v Speaker 2>community to get closer to liberation this holiday season?

2702
02:20:51.840 --> 02:20:56.639
<v Speaker 4>Okay, I will say I'm gonna touch quickly on the

2703
02:20:56.680 --> 02:21:04.040
<v Speaker 4>subconscious racialized divide. So I took several classes through when

2704
02:21:04.079 --> 02:21:06.920
<v Speaker 4>I was in Midwiffree School about this. There is actually

2705
02:21:07.079 --> 02:21:11.639
<v Speaker 4>something to be said about the unconscious bias of the

2706
02:21:11.680 --> 02:21:15.200
<v Speaker 4>color black and white and how it has been used

2707
02:21:15.200 --> 02:21:20.440
<v Speaker 4>throughout America to be deemed something negative. And actually there's

2708
02:21:20.559 --> 02:21:23.959
<v Speaker 4>a Harvard study that you can actually take yourself. It

2709
02:21:24.239 --> 02:21:27.200
<v Speaker 4>pretty much is a picture thing where you click yes

2710
02:21:27.239 --> 02:21:29.280
<v Speaker 4>no yes no yes no, yes no kind of a thing,

2711
02:21:30.040 --> 02:21:32.799
<v Speaker 4>and it's interesting. It shows if you actually do have

2712
02:21:32.879 --> 02:21:37.680
<v Speaker 4>an unconscious racial bias towards yourself, towards your community, towards

2713
02:21:37.680 --> 02:21:41.120
<v Speaker 4>a black community, if you're indifferent, if you're more prone

2714
02:21:41.159 --> 02:21:43.559
<v Speaker 4>to be more positive towards a black community, if you're

2715
02:21:43.559 --> 02:21:45.319
<v Speaker 4>more positive towards white community, if.

2716
02:21:45.280 --> 02:21:48.840
<v Speaker 5>You're more negative. It has all these different subgroups.

2717
02:21:48.879 --> 02:21:51.360
<v Speaker 4>And there's actually a study that you can watch on

2718
02:21:51.440 --> 02:21:55.360
<v Speaker 4>YouTube about it as well that a lot of African

2719
02:21:55.360 --> 02:21:59.159
<v Speaker 4>American people actually have been shown so much negative connotation

2720
02:21:59.239 --> 02:22:03.200
<v Speaker 4>with black skin that they have an actual unconscious.

2721
02:22:02.920 --> 02:22:06.799
<v Speaker 5>Bias towards more favoriting the white skin than it is.

2722
02:22:06.879 --> 02:22:08.120
<v Speaker 5>And it's a whole thing.

2723
02:22:08.239 --> 02:22:11.040
<v Speaker 4>So I will say that there is precedence when it

2724
02:22:11.079 --> 02:22:14.079
<v Speaker 4>comes to using the term Black Friday, and I can

2725
02:22:14.159 --> 02:22:17.840
<v Speaker 4>understand how it can feel in a negative in a

2726
02:22:17.879 --> 02:22:21.639
<v Speaker 4>negative way, but overall the black Friday term quote unquote

2727
02:22:21.799 --> 02:22:25.120
<v Speaker 4>is not linked inherently to racism. No.

2728
02:22:25.239 --> 02:22:28.280
<v Speaker 3>Yeah, I've actually seen certain studies be done with kids

2729
02:22:29.399 --> 02:22:31.479
<v Speaker 3>and with adults. As a matter of fact, with kids,

2730
02:22:31.520 --> 02:22:34.239
<v Speaker 3>they would show like two baby dolls and they would

2731
02:22:34.239 --> 02:22:35.440
<v Speaker 3>say which one would you prefer?

2732
02:22:36.040 --> 02:22:38.760
<v Speaker 2>Black or white? And the one baby doll is a

2733
02:22:38.760 --> 02:22:41.159
<v Speaker 2>black baby, the other one is a white baby. And

2734
02:22:41.600 --> 02:22:44.040
<v Speaker 2>more often than not, the children would lean more towards

2735
02:22:44.120 --> 02:22:46.799
<v Speaker 2>the white baby doll rather than the black even among

2736
02:22:46.840 --> 02:22:49.520
<v Speaker 2>the black community. And that was like an inherent cultural

2737
02:22:49.559 --> 02:22:52.440
<v Speaker 2>thing that they were saying is pretty much perpetuated even

2738
02:22:52.559 --> 02:22:54.000
<v Speaker 2>very young in that community.

2739
02:22:54.399 --> 02:22:56.959
<v Speaker 3>Cut to there was a study that was done with

2740
02:22:58.920 --> 02:23:01.399
<v Speaker 3>people of the black community and how they feel about.

2741
02:23:01.200 --> 02:23:06.799
<v Speaker 2>Biracial couples, right, and there was some very significant biases

2742
02:23:07.040 --> 02:23:11.399
<v Speaker 2>from a black woman marrying a white man as opposed

2743
02:23:11.440 --> 02:23:14.520
<v Speaker 2>to a black man marrying a white woman. It was

2744
02:23:14.559 --> 02:23:19.639
<v Speaker 2>a a very night and day comparison to what they

2745
02:23:19.719 --> 02:23:23.360
<v Speaker 2>deemed acceptable behavior. And then you had some that were

2746
02:23:23.399 --> 02:23:25.159
<v Speaker 2>just against both of them, and you had some that

2747
02:23:25.239 --> 02:23:27.040
<v Speaker 2>were very probe both of them.

2748
02:23:27.079 --> 02:23:27.920
<v Speaker 3>It was no issue.

2749
02:23:27.920 --> 02:23:30.440
<v Speaker 2>But for the ones that felt one way or another

2750
02:23:30.479 --> 02:23:32.840
<v Speaker 2>on that, more often than not, they felt more okay

2751
02:23:32.879 --> 02:23:35.719
<v Speaker 2>with a black woman marrying a white man, and it

2752
02:23:35.760 --> 02:23:38.159
<v Speaker 2>was very interesting to hear their reasons as to why

2753
02:23:38.520 --> 02:23:38.799
<v Speaker 2>it was.

2754
02:23:38.959 --> 02:23:39.200
<v Speaker 3>Yeah.

2755
02:23:39.399 --> 02:23:43.520
<v Speaker 2>Anyway, so to your point, I could see why people

2756
02:23:43.559 --> 02:23:47.879
<v Speaker 2>would inherently think that Black Friday has something to do

2757
02:23:47.920 --> 02:23:51.680
<v Speaker 2>with African American culture or the past. But I have

2758
02:23:51.719 --> 02:23:54.399
<v Speaker 2>to agree with you and what the articles have also said,

2759
02:23:54.840 --> 02:23:58.559
<v Speaker 2>it has nothing to do with the Antebellum South or

2760
02:23:58.600 --> 02:24:01.239
<v Speaker 2>anything of that sort, not from what we could find.

2761
02:24:01.680 --> 02:24:06.399
<v Speaker 2>So now we're going into the Associated Press article and

2762
02:24:06.600 --> 02:24:07.280
<v Speaker 2>you know, then.

2763
02:24:07.120 --> 02:24:09.719
<v Speaker 5>Touches based on what we were just talking about.

2764
02:24:09.840 --> 02:24:12.600
<v Speaker 2>So it talks about how it's also not based in

2765
02:24:12.840 --> 02:24:13.639
<v Speaker 2>racial things.

2766
02:24:14.719 --> 02:24:17.079
<v Speaker 4>It does claim, so that it just talks about the

2767
02:24:17.120 --> 02:24:19.639
<v Speaker 4>claim in and of itself. If you go back up

2768
02:24:19.639 --> 02:24:22.760
<v Speaker 4>to the top, it just talks about the claim that

2769
02:24:22.920 --> 02:24:26.040
<v Speaker 4>is selling off the slaves, and it talks about it

2770
02:24:26.079 --> 02:24:28.360
<v Speaker 4>does say that it is false that the term is

2771
02:24:28.399 --> 02:24:30.760
<v Speaker 4>linked to the financial crash of the eighteen hundreds and

2772
02:24:30.760 --> 02:24:33.079
<v Speaker 4>then associated with Philadelphia.

2773
02:24:33.680 --> 02:24:34.239
<v Speaker 5>The facts.

2774
02:24:34.239 --> 02:24:37.600
<v Speaker 4>It talks about just pretty much what we've talked about,

2775
02:24:37.879 --> 02:24:42.319
<v Speaker 4>you know itself. It says that some of the posts

2776
02:24:42.360 --> 02:24:46.200
<v Speaker 4>included a photo available through the State Liberty of Victoria

2777
02:24:46.239 --> 02:24:49.600
<v Speaker 4>in Australia that shows a group of indigenous prisoners in

2778
02:24:49.680 --> 02:24:53.120
<v Speaker 4>neck chains in Western Australia. The photo is dated from

2779
02:24:53.280 --> 02:24:57.959
<v Speaker 4>eighteen ninety eight to nineteen oh six. In eighteen sixty nine,

2780
02:24:58.959 --> 02:25:01.079
<v Speaker 4>I can't see that funny, answers, Okay, So it talks

2781
02:25:01.120 --> 02:25:07.239
<v Speaker 4>about the Yeah, So overall, it just kind of is

2782
02:25:07.280 --> 02:25:10.719
<v Speaker 4>another example for those that wanted to see more information

2783
02:25:10.840 --> 02:25:12.120
<v Speaker 4>about it. Of the two.

2784
02:25:12.559 --> 02:25:13.239
<v Speaker 5>There's a lot of.

2785
02:25:13.159 --> 02:25:15.440
<v Speaker 4>Different articles, but I just wanted to bring two different

2786
02:25:15.520 --> 02:25:17.879
<v Speaker 4>articles to it so that it didn't just seem like

2787
02:25:17.920 --> 02:25:21.639
<v Speaker 4>I was finding a single article that debunked it. There's

2788
02:25:21.840 --> 02:25:24.680
<v Speaker 4>multiple articles that share different aspects of it.

2789
02:25:24.920 --> 02:25:27.120
<v Speaker 2>You can't believe everything you see on social media. Good

2790
02:25:27.120 --> 02:25:29.719
<v Speaker 2>cult members, that's why you're here listening to this program

2791
02:25:29.799 --> 02:25:31.159
<v Speaker 2>rather than just doom scrolling.

2792
02:25:32.000 --> 02:25:34.639
<v Speaker 5>That's exactly why I'll do all the homework for us.

2793
02:25:34.799 --> 02:25:35.399
<v Speaker 3>There we go.

2794
02:25:35.520 --> 02:25:37.959
<v Speaker 2>That's our job. Our job is to do the homework

2795
02:25:38.000 --> 02:25:40.440
<v Speaker 2>that you don't have time to do. Your job is

2796
02:25:40.479 --> 02:25:43.319
<v Speaker 2>to just sit back and listen and learn, you know,

2797
02:25:43.559 --> 02:25:44.920
<v Speaker 2>and let us know in the comments what you think

2798
02:25:44.959 --> 02:25:47.479
<v Speaker 2>about things. But anyway, so now we're moving on to

2799
02:25:47.559 --> 02:25:52.920
<v Speaker 2>another article from Fast Company. Black Friday boycotts mass blackout

2800
02:25:53.040 --> 02:25:57.120
<v Speaker 2>and we ain't buying it. Protests, We'll target Trump and billionaires.

2801
02:25:57.399 --> 02:25:59.559
<v Speaker 2>Here's what we know. For the love of god, when

2802
02:25:59.559 --> 02:26:01.840
<v Speaker 2>did when did Trump make an entrance into the Black

2803
02:26:01.840 --> 02:26:02.479
<v Speaker 2>Friday shit?

2804
02:26:03.000 --> 02:26:06.319
<v Speaker 4>Well, actually it made it into last year's Black Friday,

2805
02:26:06.360 --> 02:26:09.159
<v Speaker 4>but this is actually dated from eleven twenty this year,

2806
02:26:10.079 --> 02:26:13.040
<v Speaker 4>this article, but last year there was a huge there's

2807
02:26:13.079 --> 02:26:17.639
<v Speaker 4>a whole bunch of articles talking about how Black Friday

2808
02:26:17.879 --> 02:26:20.760
<v Speaker 4>is racist, and how it's going to be all about

2809
02:26:20.799 --> 02:26:23.360
<v Speaker 4>guns and MAGA and all this stuff, and how they're

2810
02:26:23.399 --> 02:26:26.840
<v Speaker 4>going to control the entire shift of Black Friday. And

2811
02:26:26.879 --> 02:26:30.680
<v Speaker 4>it's all this stuff, and I found like different different

2812
02:26:30.760 --> 02:26:32.600
<v Speaker 4>articles about it, but I wanted to see what was

2813
02:26:32.600 --> 02:26:35.479
<v Speaker 4>pertaining right now to this year's Black Friday, since we're

2814
02:26:35.520 --> 02:26:38.440
<v Speaker 4>talking about Black Friday, and so this started to pop up.

2815
02:26:38.520 --> 02:26:41.360
<v Speaker 4>I actually haven't read through the entire article, so I'm

2816
02:26:41.399 --> 02:26:42.959
<v Speaker 4>curious to see what it actually says.

2817
02:26:43.520 --> 02:26:46.120
<v Speaker 2>Let's get into it here. It says grassroots and movements

2818
02:26:46.159 --> 02:26:49.639
<v Speaker 2>are urging Americans to refuse to shop or even work

2819
02:26:49.840 --> 02:26:53.840
<v Speaker 2>this Thanksgiving to send a message about the widening wealth gap.

2820
02:26:54.600 --> 02:26:56.159
<v Speaker 2>All Right, I could already kind of see where this

2821
02:26:56.239 --> 02:26:58.879
<v Speaker 2>article is leaning, but I don't want to make prejudgments.

2822
02:26:58.959 --> 02:27:01.920
<v Speaker 2>Let's get into it. It says, in our consumer driven culture,

2823
02:27:02.200 --> 02:27:04.200
<v Speaker 2>when the cost of goods is soaring, one of the

2824
02:27:04.280 --> 02:27:07.159
<v Speaker 2>most radical things you can do is not to buy

2825
02:27:07.239 --> 02:27:11.040
<v Speaker 2>anything on Black Friday. That's the message from Mass Blackout,

2826
02:27:11.079 --> 02:27:13.840
<v Speaker 2>a coalition of grassroots groups that are protesting the Trump

2827
02:27:13.879 --> 02:27:16.920
<v Speaker 2>administration's policies and urging you not to participate in this

2828
02:27:17.040 --> 02:27:22.280
<v Speaker 2>year's extended Black Friday sales. Okay, the blackout will start

2829
02:27:22.280 --> 02:27:27.120
<v Speaker 2>on Wednesday before Thanksgiving and in the day after Cyber Monday,

2830
02:27:27.399 --> 02:27:29.719
<v Speaker 2>so basically when all the deals are done. This is

2831
02:27:29.840 --> 02:27:32.840
<v Speaker 2>not the only holiday protest either. There's also a second

2832
02:27:32.840 --> 02:27:38.159
<v Speaker 2>boycott underway targeting Amazon, Tarja and Home Depot. It's called

2833
02:27:38.239 --> 02:27:41.360
<v Speaker 2>we Ain't Buying It, and it's happening around the same time.

2834
02:27:41.879 --> 02:27:43.879
<v Speaker 3>In fact, it's been a bigger year.

2835
02:27:44.000 --> 02:27:45.959
<v Speaker 2>It's been a big year for boycotts, and some of

2836
02:27:46.000 --> 02:27:49.200
<v Speaker 2>them have been quite effective. For example, Target just reported

2837
02:27:49.280 --> 02:27:53.760
<v Speaker 2>another lackluster quarter and declining sales, particularly due to backlash

2838
02:27:53.799 --> 02:27:57.479
<v Speaker 2>and boycotts from customers after a rollback of its diversity,

2839
02:27:57.559 --> 02:28:02.879
<v Speaker 2>equity and inclusion policies. Yes, that that is where I

2840
02:28:02.920 --> 02:28:05.799
<v Speaker 2>was afraid this was going. So because Trump made DEI

2841
02:28:05.959 --> 02:28:08.920
<v Speaker 2>go away now and tell us the boycott stores.

2842
02:28:09.639 --> 02:28:11.879
<v Speaker 4>I also want to use this though, this article as

2843
02:28:11.920 --> 02:28:18.000
<v Speaker 4>an example of persuasive narratives. Absolutely, you know, because a

2844
02:28:18.040 --> 02:28:21.319
<v Speaker 4>lot of people will only read a secular article and

2845
02:28:21.799 --> 02:28:24.639
<v Speaker 4>how it is definitely about the language and the tone

2846
02:28:24.680 --> 02:28:27.959
<v Speaker 4>in which the writer is writing to you. Obviously, this

2847
02:28:28.000 --> 02:28:32.399
<v Speaker 4>is a more direct way of showing what this tone is.

2848
02:28:32.440 --> 02:28:34.719
<v Speaker 4>For this article but there is a lot of articles,

2849
02:28:34.760 --> 02:28:38.680
<v Speaker 4>in especially research articles that have an underlying tone that

2850
02:28:38.799 --> 02:28:42.040
<v Speaker 4>you might not pick up in Essentially, I always suggest

2851
02:28:42.239 --> 02:28:45.120
<v Speaker 4>very strongly that people should read multiple articles about the

2852
02:28:45.120 --> 02:28:48.360
<v Speaker 4>same topic just to try to find at least the

2853
02:28:48.399 --> 02:28:51.399
<v Speaker 4>middle ground of information. I kind of picked this one

2854
02:28:51.600 --> 02:28:54.319
<v Speaker 4>as in the sense of having a tone to it,

2855
02:28:54.680 --> 02:28:56.159
<v Speaker 4>so that way we could kind of talk about it

2856
02:28:56.159 --> 02:28:58.079
<v Speaker 4>because I had some cult members reach out to me

2857
02:28:58.440 --> 02:29:02.000
<v Speaker 4>on Instagram and ask me about, uh, you know, research

2858
02:29:02.040 --> 02:29:03.959
<v Speaker 4>and stuff like that, and so I wanted to show

2859
02:29:04.200 --> 02:29:06.760
<v Speaker 4>what a persuasive narrative would look like.

2860
02:29:07.239 --> 02:29:10.879
<v Speaker 2>Absolutely so it says, and it's not just in the US.

2861
02:29:11.079 --> 02:29:14.040
<v Speaker 2>Many Canadians have started to forego American products and are

2862
02:29:14.079 --> 02:29:18.719
<v Speaker 2>only buying quote unquote locally, as the Buy Canadian movement

2863
02:29:18.799 --> 02:29:22.840
<v Speaker 2>has drawn record participation as a reaction to President Trump's

2864
02:29:22.879 --> 02:29:25.840
<v Speaker 2>high tariffs on their country's goods. Here's what we know

2865
02:29:25.879 --> 02:29:29.879
<v Speaker 2>about the upcoming mass blackout, and we ain't buying it boycotts.

2866
02:29:30.239 --> 02:29:33.360
<v Speaker 2>So what's happening with the mass blackouts protests? The mass

2867
02:29:33.399 --> 02:29:40.760
<v Speaker 2>blackout protests a nationwide economic Jesus, A nationwide economic action

2868
02:29:41.000 --> 02:29:44.600
<v Speaker 2>organized by a coalition of grassroots organization is calling Americans

2869
02:29:44.639 --> 02:29:48.680
<v Speaker 2>to a stop online or in store shopping except for

2870
02:29:48.719 --> 02:29:54.479
<v Speaker 2>small businesses. B Stop streaming, streaming, good lord, stop streaming,

2871
02:29:54.680 --> 02:29:58.680
<v Speaker 2>Cancel subscriptions, and make no digital purposes purs.

2872
02:30:00.120 --> 02:30:05.239
<v Speaker 4>It. Stop ye know what yet? All right? Stop work

2873
02:30:05.319 --> 02:30:08.520
<v Speaker 4>if you can, if you must spend, support small local

2874
02:30:08.559 --> 02:30:13.319
<v Speaker 4>businesses and paying cash. No spending, no work, no, no surrender,

2875
02:30:13.680 --> 02:30:14.040
<v Speaker 4>thank you.

2876
02:30:14.360 --> 02:30:15.479
<v Speaker 5>The system isn't broken.

2877
02:30:15.600 --> 02:30:18.760
<v Speaker 4>It's working exactly as design for the wealthy. The movement

2878
02:30:18.920 --> 02:30:23.000
<v Speaker 4>website says we're not targeting small businesses or communities. We're

2879
02:30:23.040 --> 02:30:30.200
<v Speaker 4>chargeting the corporate system that profit from injustice, fuel, authoritism, authoritarianism.

2880
02:30:31.319 --> 02:30:34.520
<v Speaker 4>Man I can't read either, and it's one am in

2881
02:30:34.520 --> 02:30:39.360
<v Speaker 4>the morning, and crush work power. The boycott also includes

2882
02:30:39.479 --> 02:30:44.079
<v Speaker 4>avoiding non essential travel, restaurants and normal consumer behaviors, staying

2883
02:30:44.120 --> 02:30:49.959
<v Speaker 4>off ad driven platforms unless organizing, halting spending, logging off

2884
02:30:50.079 --> 02:30:53.600
<v Speaker 4>entertainment platforms, and donating to Feeding America to support the

2885
02:30:53.680 --> 02:30:58.000
<v Speaker 4>refusing those refusing to work. What's happening with the We

2886
02:30:58.159 --> 02:31:02.440
<v Speaker 4>Ain't Buying Boycott? That we Ain't Buying Boycott campaign campaign

2887
02:31:02.639 --> 02:31:05.440
<v Speaker 4>is made up of a coalition of progressive groups, including

2888
02:31:05.479 --> 02:31:10.719
<v Speaker 4>the No Kings Alliance and Indivisible Right, which were behind

2889
02:31:10.959 --> 02:31:14.879
<v Speaker 4>other anti Trump protests earlier this year. It targets three companies,

2890
02:31:15.239 --> 02:31:18.280
<v Speaker 4>Tar Gig Target target for those that don't know.

2891
02:31:18.559 --> 02:31:20.079
<v Speaker 5>Home Depot and Amazon.

2892
02:31:21.000 --> 02:31:26.280
<v Speaker 4>Wow, it's asking Americans to withhold purchasing power from Thanksgiving

2893
02:31:26.360 --> 02:31:33.559
<v Speaker 4>through Cyber Monday to protest three realtor realators. Yeah. Yeah,

2894
02:31:33.680 --> 02:31:36.920
<v Speaker 4>three companies ors are really hard for us tonight. Guys.

2895
02:31:37.559 --> 02:31:42.520
<v Speaker 4>Uh that align all their corporating oh my gosh, directly

2896
02:31:42.559 --> 02:31:48.000
<v Speaker 4>with the Trump administrative administration. Target for rolling back the

2897
02:31:48.079 --> 02:31:52.479
<v Speaker 4>DEI Home Depot, for working with Ice which have been arresting, detaining,

2898
02:31:52.479 --> 02:31:57.639
<v Speaker 4>and deporting immigrants. What Home Depot, we diamond out immigrants

2899
02:31:58.159 --> 02:31:58.920
<v Speaker 4>no more.

2900
02:31:58.840 --> 02:32:00.920
<v Speaker 3>No more illegals in the park working lot man.

2901
02:32:01.559 --> 02:32:05.920
<v Speaker 5>That's you know, that's fucked up. How who's gonna who's

2902
02:32:05.959 --> 02:32:07.239
<v Speaker 5>going to do our roofs? Okay?

2903
02:32:08.559 --> 02:32:12.159
<v Speaker 2>My cousin works for a roofing company. They hire, They

2904
02:32:12.239 --> 02:32:16.520
<v Speaker 2>hire Americans. They may speak Spanish, but they are Americans.

2905
02:32:17.680 --> 02:32:23.360
<v Speaker 4>Amazon for allegedly funding the Trump administrative administration to secure

2906
02:32:23.479 --> 02:32:26.079
<v Speaker 4>corporate tax cuts. I didn't know that.

2907
02:32:26.760 --> 02:32:31.479
<v Speaker 5>When corporations aligned with cruelty and its authoritive Nope, I

2908
02:32:31.479 --> 02:32:32.000
<v Speaker 5>can't say.

2909
02:32:31.840 --> 02:32:34.559
<v Speaker 3>The word authority. Authoritarianism.

2910
02:32:35.239 --> 02:32:36.120
<v Speaker 4>That's a big word.

2911
02:32:36.159 --> 02:32:38.319
<v Speaker 5>Okay, I'm struggling tonight.

2912
02:32:38.760 --> 02:32:44.239
<v Speaker 4>They must understand that our purchasing power matters. Letitia Letitia Brown,

2913
02:32:44.680 --> 02:32:47.719
<v Speaker 4>co founder of Black Voters Matter and a member of

2914
02:32:47.760 --> 02:32:50.760
<v Speaker 4>the We Ain't Buying Coalition said in the statement, economic

2915
02:32:50.879 --> 02:32:55.040
<v Speaker 4>non cooperation is a powerful, non violent tool for for

2916
02:32:55.079 --> 02:32:57.440
<v Speaker 4>a free people, and we plan to use it to

2917
02:32:57.440 --> 02:33:00.719
<v Speaker 4>make America better for all of us, not just wealthy few.

2918
02:33:01.639 --> 02:33:05.200
<v Speaker 4>Why are these Black Friday boycotts happening now? The black

2919
02:33:06.319 --> 02:33:09.200
<v Speaker 4>The boycotts come at a gap between the richest and

2920
02:33:09.200 --> 02:33:13.200
<v Speaker 4>the poorest Americans and widening and an increasing bio.

2921
02:33:14.200 --> 02:33:19.559
<v Speaker 5>I don't even know what it says, I yeap economy.

2922
02:33:20.920 --> 02:33:25.239
<v Speaker 4>They target billionaires and businesses supporting the Trump administration, which

2923
02:33:25.280 --> 02:33:30.000
<v Speaker 4>they argue is eroding civil rights, labor protections, diversity, equity

2924
02:33:31.120 --> 02:33:36.200
<v Speaker 4>inclusion initiatives, and weakening the United States democratic institutions.

2925
02:33:36.200 --> 02:33:40.360
<v Speaker 5>In that essence, they are both political and economic boycotts.

2926
02:33:41.079 --> 02:33:45.000
<v Speaker 2>All right, you, I'm not even trying to like be

2927
02:33:45.120 --> 02:33:48.479
<v Speaker 2>a super Trump supporter with this statement. Hear me out.

2928
02:33:48.920 --> 02:33:53.079
<v Speaker 2>Trump is hooking up business owners. Yes, the wealthy CEOs

2929
02:33:53.159 --> 02:33:56.280
<v Speaker 2>for sure, but even your small businesses. That these people

2930
02:33:56.319 --> 02:33:59.639
<v Speaker 2>are saying no, no shop, local, shop, small business. Those

2931
02:33:59.680 --> 02:34:02.959
<v Speaker 2>small business owners are profiting from the tax cuts that

2932
02:34:03.000 --> 02:34:09.399
<v Speaker 2>Trump is giving two business owners. So all right, yeah,

2933
02:34:09.440 --> 02:34:11.799
<v Speaker 2>if you want to stick it to Trump, don't buy

2934
02:34:11.840 --> 02:34:14.280
<v Speaker 2>nothing for your kids on Black Friday. That is That

2935
02:34:14.399 --> 02:34:16.920
<v Speaker 2>is the message with this narrative here.

2936
02:34:17.520 --> 02:34:19.639
<v Speaker 3>And I mean, you know, everybody's free to do what

2937
02:34:19.680 --> 02:34:20.159
<v Speaker 3>they want.

2938
02:34:20.520 --> 02:34:22.840
<v Speaker 2>Honestly, if you're not gonna buy on Black Friday or

2939
02:34:22.879 --> 02:34:23.799
<v Speaker 2>Cyber Monday.

2940
02:34:23.600 --> 02:34:25.559
<v Speaker 3>Or whatever, cool do you.

2941
02:34:26.600 --> 02:34:30.399
<v Speaker 2>I personally don't think that that's going to be felt

2942
02:34:30.399 --> 02:34:31.680
<v Speaker 2>by the Trump administration.

2943
02:34:32.600 --> 02:34:33.760
<v Speaker 3>But alright, I think.

2944
02:34:33.639 --> 02:34:37.479
<v Speaker 4>I personally feel that we should be buying from small

2945
02:34:37.520 --> 02:34:41.159
<v Speaker 4>businesses anyways. I don't not any not in regards to

2946
02:34:41.280 --> 02:34:45.479
<v Speaker 4>this particular narrative. I think that we as a whole,

2947
02:34:45.719 --> 02:34:48.559
<v Speaker 4>so many of them are disappearing. Hell, even some of

2948
02:34:48.559 --> 02:34:52.639
<v Speaker 4>the big big name brands are disappearing because Amazon is

2949
02:34:52.760 --> 02:34:55.760
<v Speaker 4>just gobbling it all up, and so is Walmart, and

2950
02:34:55.799 --> 02:34:58.399
<v Speaker 4>so is Target, and like there's only going to be

2951
02:34:58.639 --> 02:35:01.440
<v Speaker 4>like three places to shop if we don't continue to

2952
02:35:01.479 --> 02:35:04.440
<v Speaker 4>support small businesses and local businesses because a lot of

2953
02:35:04.440 --> 02:35:07.760
<v Speaker 4>these people are out here trying their hardest, especially farmers markets.

2954
02:35:07.799 --> 02:35:09.920
<v Speaker 4>If you have a farmer's market local in your area,

2955
02:35:10.239 --> 02:35:11.200
<v Speaker 4>and these cute.

2956
02:35:11.000 --> 02:35:12.959
<v Speaker 5>Little pop up stands that are happening.

2957
02:35:13.280 --> 02:35:15.559
<v Speaker 4>Look at your local facebooks, because a lot of people

2958
02:35:15.600 --> 02:35:18.479
<v Speaker 4>are making these tiny little sheds and they're actually making

2959
02:35:18.520 --> 02:35:21.040
<v Speaker 4>home goods and all sorts of stuff and they restock

2960
02:35:21.159 --> 02:35:23.479
<v Speaker 4>like once a week. These are just normal people trying

2961
02:35:23.520 --> 02:35:24.200
<v Speaker 4>to make it work.

2962
02:35:24.879 --> 02:35:27.040
<v Speaker 3>Absolutely, and I fully agree with that.

2963
02:35:27.200 --> 02:35:29.440
<v Speaker 2>I mean, I try my hardest to stay away from

2964
02:35:29.440 --> 02:35:32.600
<v Speaker 2>the big stores if I can help it. And it

2965
02:35:32.600 --> 02:35:35.760
<v Speaker 2>depends on the area you live. Some people have farmers'

2966
02:35:35.799 --> 02:35:39.120
<v Speaker 2>markets all over the place. Some people you got to

2967
02:35:39.159 --> 02:35:40.479
<v Speaker 2>like look for them.

2968
02:35:40.639 --> 02:35:42.719
<v Speaker 4>So, I mean Facebook is where I've found a lot

2969
02:35:42.799 --> 02:35:45.680
<v Speaker 4>more of these little pop up markets. They're like these

2970
02:35:45.680 --> 02:35:47.959
<v Speaker 4>little pop up they're like these little sheds that people

2971
02:35:48.000 --> 02:35:50.799
<v Speaker 4>are making outside of their homes, trying to be strategic

2972
02:35:50.799 --> 02:35:52.559
<v Speaker 4>and where they put them, and they try to restock

2973
02:35:52.639 --> 02:35:54.879
<v Speaker 4>them like once or twice a week with you know,

2974
02:35:55.040 --> 02:35:57.760
<v Speaker 4>goods of any type. I've seen some that have these

2975
02:35:58.719 --> 02:36:02.079
<v Speaker 4>amazing food that they bring out. Some of them have eggs,

2976
02:36:02.120 --> 02:36:06.680
<v Speaker 4>some of them have flowers, gifts, whatever. And it's a

2977
02:36:06.719 --> 02:36:09.760
<v Speaker 4>lot about the system of you actually aren't just going

2978
02:36:09.799 --> 02:36:12.200
<v Speaker 4>to steal from this, You're going to actually give the

2979
02:36:12.239 --> 02:36:13.879
<v Speaker 4>money and take the product and stuff.

2980
02:36:13.920 --> 02:36:15.479
<v Speaker 3>So it's like an honor system thing.

2981
02:36:15.799 --> 02:36:16.799
<v Speaker 5>It's an honor system.

2982
02:36:16.799 --> 02:36:19.959
<v Speaker 3>A lot of them, wow, and that's working out for them.

2983
02:36:20.440 --> 02:36:23.319
<v Speaker 4>It's actually working out a lot. A lot of people

2984
02:36:23.319 --> 02:36:27.360
<v Speaker 4>are actually doing it and not and doing the wrong things.

2985
02:36:27.399 --> 02:36:29.879
<v Speaker 4>So I think it's it kind of helps you a

2986
02:36:29.920 --> 02:36:32.680
<v Speaker 4>little bit of the you know, people are shit vibes.

2987
02:36:32.399 --> 02:36:35.559
<v Speaker 2>So they must be in small towns. There's no way

2988
02:36:35.559 --> 02:36:37.559
<v Speaker 2>that would fly in a big city. But I mean,

2989
02:36:37.600 --> 02:36:40.200
<v Speaker 2>I'm happy to hear that that's what's going down, honestly.

2990
02:36:41.120 --> 02:36:43.639
<v Speaker 2>So now we swap over to our last article for

2991
02:36:43.799 --> 02:36:47.239
<v Speaker 2>this episode, as we wrap up Black Friday and all

2992
02:36:47.360 --> 02:36:51.600
<v Speaker 2>the historical background and the ugly tactics that these businesses

2993
02:36:51.680 --> 02:36:54.479
<v Speaker 2>are using to screw over their customer base and consumers.

2994
02:36:55.079 --> 02:36:55.879
<v Speaker 3>Let's read into it.

2995
02:36:55.920 --> 02:37:00.799
<v Speaker 2>This is from the Conversation Academic rigor journalistic Flame. As

2996
02:37:00.840 --> 02:37:04.079
<v Speaker 2>Black Friday sales kick off. These are the dodgy sales

2997
02:37:04.120 --> 02:37:07.120
<v Speaker 2>tactics to look out for. Oh, it's mostly a British publication.

2998
02:37:08.799 --> 02:37:11.520
<v Speaker 2>Ummm no, no, it's I'll.

2999
02:37:11.319 --> 02:37:12.840
<v Speaker 4>Be it's here.

3000
02:37:12.879 --> 02:37:14.760
<v Speaker 5>It's from this month though, November.

3001
02:37:15.239 --> 02:37:16.840
<v Speaker 2>You just don't hear a lot of Americans use the

3002
02:37:16.879 --> 02:37:19.959
<v Speaker 2>term dodgy. That's why I thought, but you know, good things.

3003
02:37:20.760 --> 02:37:21.280
<v Speaker 3>Once again.

3004
02:37:21.360 --> 02:37:24.639
<v Speaker 2>The annual shopping extravaganza known as Black Friday is nearly

3005
02:37:24.719 --> 02:37:28.239
<v Speaker 2>upon US this year, falling on November twenty eighth, but

3006
02:37:28.280 --> 02:37:31.280
<v Speaker 2>the sales are already well underway. What started as a

3007
02:37:31.319 --> 02:37:34.319
<v Speaker 2>single day discounted shopping event on the Friday after Thanksgiving

3008
02:37:34.319 --> 02:37:36.799
<v Speaker 2>in the United States has blown out to a week's

3009
02:37:36.879 --> 02:37:40.440
<v Speaker 2>long sales festival in stores and online, and it has

3010
02:37:40.479 --> 02:37:43.799
<v Speaker 2>spread around much of the world, including Australia. It might

3011
02:37:43.879 --> 02:37:46.239
<v Speaker 2>feel like a great time to try and score a bargain,

3012
02:37:46.520 --> 02:37:49.920
<v Speaker 2>but this week the Australian Competition and Consumer Commission, Oh

3013
02:37:49.959 --> 02:37:54.520
<v Speaker 2>that's what the ACCC stands for, gotcha, put retailers on notice.

3014
02:37:54.680 --> 02:37:57.559
<v Speaker 2>The consumer watchdog announced it would be watching out for

3015
02:37:57.680 --> 02:38:01.239
<v Speaker 2>various kinds of misleading sales conduct, conduct that can be

3016
02:38:01.360 --> 02:38:05.559
<v Speaker 2>used to trick consumers it found to be. If found

3017
02:38:05.639 --> 02:38:09.559
<v Speaker 2>to be engaging in misleading or deceptive sales conduct, retailers

3018
02:38:09.600 --> 02:38:13.000
<v Speaker 2>may face heavy financial penalties, but as a consumer, it

3019
02:38:13.120 --> 02:38:16.520
<v Speaker 2>also pays to understand how these dodgy tactics work, so

3020
02:38:16.639 --> 02:38:19.719
<v Speaker 2>you can can't be duped this sale season.

3021
02:38:19.959 --> 02:38:22.079
<v Speaker 3>So it is in Australian. Okay, yeah again, you don't

3022
02:38:22.079 --> 02:38:23.639
<v Speaker 3>really hear Americans use the term dodgy.

3023
02:38:24.440 --> 02:38:24.959
<v Speaker 4>I like it.

3024
02:38:26.000 --> 02:38:26.680
<v Speaker 3>I do like it.

3025
02:38:26.760 --> 02:38:31.079
<v Speaker 2>I like a lot of the British Commonwealth's slang terms

3026
02:38:31.079 --> 02:38:33.040
<v Speaker 2>that they use that Americans just kind of put off

3027
02:38:33.040 --> 02:38:35.959
<v Speaker 2>by the wayside, But you know, it is what it is,

3028
02:38:36.639 --> 02:38:37.920
<v Speaker 2>dodgy sales tactics.

3029
02:38:38.200 --> 02:38:41.879
<v Speaker 3>The ACCC says it is on the lookout for a

3030
02:38:42.079 --> 02:38:46.799
<v Speaker 3>range of misleading or deceptive sales advertising tactics. Examples include

3031
02:38:47.159 --> 02:38:52.159
<v Speaker 3>number one advertising sales as store wide quote unquote when

3032
02:38:52.200 --> 02:38:56.479
<v Speaker 3>only some items are discounted. Absolutely, I hate that one.

3033
02:38:57.120 --> 02:39:00.799
<v Speaker 2>Number two countdown clocks or timers that show a shorter

3034
02:39:00.920 --> 02:39:05.200
<v Speaker 2>period than the actual sale to create false urgency abs

3035
02:39:05.159 --> 02:39:09.840
<v Speaker 2>so fucking loly. Number three fine print disclaimers that exclude

3036
02:39:09.879 --> 02:39:12.879
<v Speaker 2>some items from the sale. Yeah, you always got to

3037
02:39:12.920 --> 02:39:17.520
<v Speaker 2>read that fine print. Number four up to x percent

3038
02:39:17.680 --> 02:39:21.360
<v Speaker 2>off discounts that only apply to a few items, or

3039
02:39:21.440 --> 02:39:26.159
<v Speaker 2>the up to text in proximate prominently displayed or is

3040
02:39:26.239 --> 02:39:27.440
<v Speaker 2>not prominently displayed.

3041
02:39:27.440 --> 02:39:29.040
<v Speaker 3>Excuse me, Yeah, that's the thing.

3042
02:39:29.040 --> 02:39:31.879
<v Speaker 2>You'll see it's like ninety percent off, but then like

3043
02:39:31.920 --> 02:39:34.200
<v Speaker 2>in very small print right before it, it'll say up

3044
02:39:34.280 --> 02:39:37.000
<v Speaker 2>to ninety percent off, but it didn't mean Yeah, it's

3045
02:39:37.040 --> 02:39:37.680
<v Speaker 2>a whole bitch.

3046
02:39:38.639 --> 02:39:38.920
<v Speaker 3>Uh.

3047
02:39:39.040 --> 02:39:43.200
<v Speaker 2>Number five price comparisons of before and after sale discounts

3048
02:39:43.239 --> 02:39:45.959
<v Speaker 2>that are not accurate, including where the price has gone

3049
02:39:46.079 --> 02:39:50.079
<v Speaker 2>up in a short period before the discount was applied. Sadly,

3050
02:39:50.120 --> 02:39:53.680
<v Speaker 2>there are many examples of allegedly misleading sales conduct occurring

3051
02:39:53.760 --> 02:39:57.120
<v Speaker 2>at peak shopping periods. Following a similar sweep of last

3052
02:39:57.200 --> 02:40:00.799
<v Speaker 2>year's Black Friday sales, the ACCC recent only find three

3053
02:40:00.840 --> 02:40:05.399
<v Speaker 2>retailers for allegedly misleading customers by advertising discounts as store

3054
02:40:05.440 --> 02:40:07.760
<v Speaker 2>wide when only so might ands were on sale. In

3055
02:40:07.799 --> 02:40:12.559
<v Speaker 2>twenty nineteen, the online marketplace Cogan offered a tax time

3056
02:40:12.639 --> 02:40:16.760
<v Speaker 2>discount of ten percent on products that their price increased

3057
02:40:16.799 --> 02:40:20.120
<v Speaker 2>immediately before the promotion by at least ten percent in

3058
02:40:20.159 --> 02:40:25.799
<v Speaker 2>most cases. Wow It was subsequent subsequently fined three hundred

3059
02:40:25.799 --> 02:40:30.120
<v Speaker 2>and fifty thousand Australian dollars for misleading conduct in breach

3060
02:40:30.159 --> 02:40:32.239
<v Speaker 2>of Australian consumer law.

3061
02:40:32.319 --> 02:40:32.680
<v Speaker 3>Good.

3062
02:40:33.120 --> 02:40:37.079
<v Speaker 2>That's excellent, So why is the ACC so strict about

3063
02:40:37.079 --> 02:40:40.680
<v Speaker 2>this kind of conduct? These examples of dodgy conduct might

3064
02:40:40.719 --> 02:40:44.440
<v Speaker 2>seem annoying, but they don't seem earth shatteringly bad, such

3065
02:40:44.440 --> 02:40:48.879
<v Speaker 2>as selling physically dangerous products. Why is the acc C

3066
02:40:49.520 --> 02:40:52.600
<v Speaker 2>so concerned about misleading conduct at Black Friday sale time

3067
02:40:52.760 --> 02:40:56.879
<v Speaker 2>and indeed retail pricing more generally? Shouldn't consumers be just

3068
02:40:56.959 --> 02:41:00.399
<v Speaker 2>be more careful? The answer lies in the come relative

3069
02:41:00.719 --> 02:41:07.200
<v Speaker 2>harms of misleading pricing conduct manipulating consumers through marketing. Sales

3070
02:41:07.239 --> 02:41:09.879
<v Speaker 2>rely on consumers thinking they are getting a good deal

3071
02:41:09.920 --> 02:41:13.440
<v Speaker 2>on products they want, and sometimes sales marketing seeks to

3072
02:41:13.520 --> 02:41:16.840
<v Speaker 2>persuade consumers the deal is better than it really is.

3073
02:41:17.319 --> 02:41:21.000
<v Speaker 2>Marketing strategies such as countdown timers, strike through prices, or

3074
02:41:21.040 --> 02:41:24.920
<v Speaker 2>promotion promoted large percentage discounts are designed to appeal to

3075
02:41:24.920 --> 02:41:29.200
<v Speaker 2>consumers emotions and to rush them into closing off a purchase.

3076
02:41:29.600 --> 02:41:32.840
<v Speaker 2>Consumers with heightened emotions or feeling pressure to grab a

3077
02:41:32.840 --> 02:41:35.719
<v Speaker 2>deal are less likely to make a rational assessment of

3078
02:41:35.760 --> 02:41:39.040
<v Speaker 2>the real value of the discount before all being offered

3079
02:41:39.079 --> 02:41:42.120
<v Speaker 2>to them. This is why truth in sales advertising is

3080
02:41:42.159 --> 02:41:46.920
<v Speaker 2>so important. Well, yeah, you're toying with people's emotions, you know,

3081
02:41:46.920 --> 02:41:50.200
<v Speaker 2>and that's never good. You're manipulating people, and yeah, I'm

3082
02:41:50.200 --> 02:41:54.520
<v Speaker 2>glad that that's against the law. Absolutely, So what consumer

3083
02:41:54.600 --> 02:41:58.200
<v Speaker 2>protection laws are for. We have strong protections against misleading

3084
02:41:58.239 --> 02:42:01.159
<v Speaker 2>conduct in Australia for good reason. If sellers can trick

3085
02:42:01.200 --> 02:42:11.680
<v Speaker 2>consumers into buying goods at discounts that are actually illusory illusory, okay, ill, no,

3086
02:42:11.760 --> 02:42:12.120
<v Speaker 2>I don't know.

3087
02:42:12.399 --> 02:42:12.760
<v Speaker 3>I don't know.

3088
02:42:13.000 --> 02:42:16.239
<v Speaker 2>Those dishonest sellers gain an advantage over on a sellers

3089
02:42:16.280 --> 02:42:21.079
<v Speaker 2>selling at transparent and accurate price. This risks a market

3090
02:42:21.239 --> 02:42:24.440
<v Speaker 2>that rewards poor conduct and encourages an overall rush to

3091
02:42:24.479 --> 02:42:27.879
<v Speaker 2>the bottom. Australian consumer law takes the view that consumers

3092
02:42:27.879 --> 02:42:31.360
<v Speaker 2>should be able to take advertisements they see at face value.

3093
02:42:31.520 --> 02:42:33.520
<v Speaker 2>Consumers shouldn't have to assume they are going to be

3094
02:42:33.559 --> 02:42:37.239
<v Speaker 2>tricked by sellers. I gotta tell you, that's the way

3095
02:42:37.280 --> 02:42:40.840
<v Speaker 2>I shop, Honestly. I'm just assuming that I'm getting screwed

3096
02:42:40.879 --> 02:42:42.639
<v Speaker 2>in some way, shape or form, and that's not good.

3097
02:42:43.479 --> 02:42:45.799
<v Speaker 4>We actually have the same laws here. I just was

3098
02:42:45.799 --> 02:42:47.840
<v Speaker 4>looking them up really quick, so we have the exact

3099
02:42:47.879 --> 02:42:50.799
<v Speaker 4>same laws, and we actually have quite a few businesses

3100
02:42:50.840 --> 02:42:53.879
<v Speaker 4>that are being gone after pretty much and how to

3101
02:42:53.879 --> 02:42:57.159
<v Speaker 4>pay fines for this exact same thing. Good and same

3102
02:42:57.200 --> 02:42:59.639
<v Speaker 4>in the UK right now too, they're having the same stuff.

3103
02:43:00.120 --> 02:43:02.760
<v Speaker 3>Good. Fuck those companies for trying to screw us. I

3104
02:43:02.920 --> 02:43:06.719
<v Speaker 3>like that. Uh, let's continue here. Such an approach would

3105
02:43:06.719 --> 02:43:10.360
<v Speaker 3>not confirm conform to the object of enhancing the welfare

3106
02:43:10.360 --> 02:43:14.399
<v Speaker 3>of Australians through the promotion of competition and fair trading

3107
02:43:14.440 --> 02:43:18.879
<v Speaker 3>that underlies Australian consumer laws. So how do we stop

3108
02:43:18.920 --> 02:43:19.719
<v Speaker 3>a bad deal?

3109
02:43:20.360 --> 02:43:24.600
<v Speaker 2>If you are considering buying goods at the Black Friday sales,

3110
02:43:24.639 --> 02:43:27.120
<v Speaker 2>it is a good idea to screenshot the item before

3111
02:43:27.159 --> 02:43:30.239
<v Speaker 2>it goes on sale. Raven Lee, You're just a fucking

3112
02:43:30.319 --> 02:43:31.959
<v Speaker 2>profit over here, look at.

3113
02:43:31.879 --> 02:43:33.200
<v Speaker 3>You that way.

3114
02:43:33.680 --> 02:43:35.319
<v Speaker 4>I just happened to know how to do this, Like

3115
02:43:35.399 --> 02:43:36.319
<v Speaker 4>you know, you've.

3116
02:43:36.159 --> 02:43:37.879
<v Speaker 3>Been burned a time or two, is what it is.

3117
02:43:38.680 --> 02:43:41.079
<v Speaker 4>I have. And I've been doing Black Friday shopping since

3118
02:43:41.120 --> 02:43:43.479
<v Speaker 4>i was a kid. So yeah, I used to wake

3119
02:43:43.559 --> 02:43:45.799
<v Speaker 4>up at the buck kracking dawn literally like four am

3120
02:43:45.879 --> 02:43:48.360
<v Speaker 4>with my grandma, my mom and head out to the mall.

3121
02:43:48.200 --> 02:43:50.559
<v Speaker 5>And like it's a whole vibe. So I've been doing

3122
02:43:50.600 --> 02:43:51.639
<v Speaker 5>this quite a while.

3123
02:43:52.239 --> 02:43:54.600
<v Speaker 2>Hell yeah, that way, you can check at the sale

3124
02:43:54.639 --> 02:43:57.319
<v Speaker 2>discount is genuine and the item is actually the same

3125
02:43:57.399 --> 02:44:00.000
<v Speaker 2>as the one you want. Not an older or cheaper mind.

3126
02:44:00.680 --> 02:44:02.840
<v Speaker 2>When shopping at a sale, take time to look at

3127
02:44:02.840 --> 02:44:06.200
<v Speaker 2>the discount offered. Is it a real discount does it

3128
02:44:06.399 --> 02:44:09.959
<v Speaker 2>justify the spend coming up to the holiday period. Discounts

3129
02:44:09.959 --> 02:44:12.159
<v Speaker 2>may be marked up in an attractive color but still

3130
02:44:12.200 --> 02:44:15.639
<v Speaker 2>not represent good value. Finally, if you think you have

3131
02:44:15.680 --> 02:44:18.360
<v Speaker 2>been misled by a pricing strategy, such as a discount

3132
02:44:18.399 --> 02:44:21.239
<v Speaker 2>that isn't genuine or a fine print qualification on the

3133
02:44:21.280 --> 02:44:24.239
<v Speaker 2>discount that is advertised, you can complain.

3134
02:44:24.120 --> 02:44:25.479
<v Speaker 3>To the ACCC.

3135
02:44:26.120 --> 02:44:29.639
<v Speaker 2>Ideally take screenshots of what was advertised and what you

3136
02:44:29.719 --> 02:44:33.639
<v Speaker 2>received to support your claim to be treated fairly at

3137
02:44:33.680 --> 02:44:36.639
<v Speaker 2>sales time. Wow, and like you said, we have these

3138
02:44:36.639 --> 02:44:37.559
<v Speaker 2>same laws in America.

3139
02:44:37.680 --> 02:44:38.799
<v Speaker 5>Correct, Yes, we have.

3140
02:44:38.840 --> 02:44:41.959
<v Speaker 4>The same consumer laws here in America. We can also

3141
02:44:42.040 --> 02:44:44.799
<v Speaker 4>do the same things ammor can reamport them to small

3142
02:44:44.840 --> 02:44:49.040
<v Speaker 4>business bureaus to show that they are being unethical when

3143
02:44:49.079 --> 02:44:52.000
<v Speaker 4>it comes to discounts. So we have the same stuff.

3144
02:44:52.000 --> 02:44:55.360
<v Speaker 4>I just happened to be that it was an Australian article.

3145
02:44:55.799 --> 02:45:01.280
<v Speaker 2>Absolutely wow, ravenly excellent work on the research on this one, honestly,

3146
02:45:01.440 --> 02:45:03.600
<v Speaker 2>and I think we all learned a few things on

3147
02:45:03.639 --> 02:45:06.719
<v Speaker 2>this episode. I didn't know that Black Friday stem from

3148
02:45:06.959 --> 02:45:11.879
<v Speaker 2>the gold situation, or Philadelphia from the Army Navy game.

3149
02:45:12.360 --> 02:45:16.040
<v Speaker 4>That was a Yeah, football influenced our entire situation with

3150
02:45:16.239 --> 02:45:16.920
<v Speaker 4>Black Friday.

3151
02:45:17.360 --> 02:45:18.920
<v Speaker 3>God, that most American shit I ever heard.

3152
02:45:18.959 --> 02:45:23.040
<v Speaker 4>My God, damn, literally the most American shit. I hope

3153
02:45:23.040 --> 02:45:25.319
<v Speaker 4>I ever been learning something though today because I learned,

3154
02:45:25.639 --> 02:45:27.680
<v Speaker 4>I mean I already knew a good bit about this stuff,

3155
02:45:27.719 --> 02:45:30.120
<v Speaker 4>but I was able to, like, you know, refresh and

3156
02:45:30.239 --> 02:45:32.159
<v Speaker 4>learn some more new stuff because I didn't know actually

3157
02:45:32.159 --> 02:45:33.120
<v Speaker 4>about the gold thing either.

3158
02:45:33.239 --> 02:45:36.680
<v Speaker 2>So and also with the price gouging and the crazy

3159
02:45:36.840 --> 02:45:39.399
<v Speaker 2>up charge and then a ten percent discount even though

3160
02:45:39.399 --> 02:45:43.040
<v Speaker 2>they just increased the price ten percent last month, that

3161
02:45:43.040 --> 02:45:46.079
<v Speaker 2>that's a that's a conspiracy that so many people believe,

3162
02:45:46.200 --> 02:45:48.239
<v Speaker 2>even though they can't verify it improve it.

3163
02:45:48.600 --> 02:45:51.120
<v Speaker 4>Well, they've been proving it though the last two years.

3164
02:45:51.159 --> 02:45:53.920
<v Speaker 4>They've been showing it. They've been going in and the

3165
02:45:53.959 --> 02:45:58.360
<v Speaker 4>whole thing about removing the price, like the original red

3166
02:45:58.399 --> 02:46:02.000
<v Speaker 4>price is in front, black price is the original behind it.

3167
02:46:02.200 --> 02:46:05.159
<v Speaker 4>They slide them both out and they've shown multiple places

3168
02:46:05.200 --> 02:46:07.879
<v Speaker 4>that it's the same exact price. And that's the thing

3169
02:46:07.879 --> 02:46:11.120
<v Speaker 4>about colors though, Like I was saying, colors and marketing,

3170
02:46:11.520 --> 02:46:15.639
<v Speaker 4>it gets you emotionally, It stimulates you emotionally, and you're like, fuck,

3171
02:46:15.680 --> 02:46:18.040
<v Speaker 4>I really need to buy this right now, or look

3172
02:46:18.079 --> 02:46:20.680
<v Speaker 4>at that price. Look at that Look how alluring it is,

3173
02:46:20.719 --> 02:46:23.159
<v Speaker 4>and I really really want to go get that because man,

3174
02:46:23.319 --> 02:46:26.840
<v Speaker 4>it's at a such good discount just going into Black Friday.

3175
02:46:26.879 --> 02:46:29.159
<v Speaker 4>I hope that all the cult members kind of think,

3176
02:46:29.479 --> 02:46:32.280
<v Speaker 4>you know, just with their third eye open about what's

3177
02:46:32.319 --> 02:46:34.280
<v Speaker 4>going on, what they're trying to push with us, and

3178
02:46:34.280 --> 02:46:37.719
<v Speaker 4>what they're really doing when it comes to consumerism and

3179
02:46:37.760 --> 02:46:40.639
<v Speaker 4>how it's going to impact us and everyone else.

3180
02:46:41.520 --> 02:46:44.079
<v Speaker 3>Absolutely absolutely good cult members.

3181
02:46:44.120 --> 02:46:46.879
<v Speaker 2>We want to know what you think about this and

3182
02:46:46.920 --> 02:46:49.280
<v Speaker 2>not to jump in on the whole consumerism thing.

3183
02:46:49.319 --> 02:46:51.319
<v Speaker 3>We do have a couple of sponsors that do need

3184
02:46:51.559 --> 02:46:52.440
<v Speaker 3>their fair shake.

3185
02:46:52.879 --> 02:46:56.920
<v Speaker 2>If you would like to experience the benefits of drinking

3186
02:46:56.959 --> 02:47:00.559
<v Speaker 2>a seltzer without the nasty benefits of the alcohol, but

3187
02:47:00.600 --> 02:47:03.280
<v Speaker 2>you would like to experience something, then go check out

3188
02:47:03.319 --> 02:47:07.239
<v Speaker 2>Good Feels Cannabis Seltzer. It is down the show notes below.

3189
02:47:07.239 --> 02:47:09.239
<v Speaker 2>When you use that link, you will get twenty percent

3190
02:47:09.239 --> 02:47:12.000
<v Speaker 2>off your order. They have some amazing flavors and it

3191
02:47:12.079 --> 02:47:15.120
<v Speaker 2>is packed with THHC and CBD. One can is not

3192
02:47:15.159 --> 02:47:16.600
<v Speaker 2>going to get you to the moon, but it'll give

3193
02:47:16.600 --> 02:47:19.399
<v Speaker 2>you a nice, good, relaxed feeling of unwinding at the

3194
02:47:19.479 --> 02:47:21.000
<v Speaker 2>end of the day, or maybe you want to go

3195
02:47:21.040 --> 02:47:22.879
<v Speaker 2>out with your buddies and you don't want to drink alcohol.

3196
02:47:22.920 --> 02:47:25.760
<v Speaker 2>Maybe you're recovering alcoholic, but you know you do enjoy

3197
02:47:25.840 --> 02:47:29.360
<v Speaker 2>the blessed herb from time to time. This cannabis seltzer

3198
02:47:29.600 --> 02:47:31.760
<v Speaker 2>will give you that same vibe and you'll be able

3199
02:47:31.840 --> 02:47:33.360
<v Speaker 2>to just have a drink with the boys, but it's

3200
02:47:33.360 --> 02:47:35.159
<v Speaker 2>more of a your type of drink with the boys

3201
02:47:35.319 --> 02:47:37.719
<v Speaker 2>or the ladies out there. Either way. Go to linkin

3202
02:47:37.719 --> 02:47:39.959
<v Speaker 2>the description get twenty percent off your order. We appreciate

3203
02:47:40.000 --> 02:47:43.040
<v Speaker 2>everybody who's already gone and done so. And also, if

3204
02:47:43.040 --> 02:47:44.399
<v Speaker 2>you would like to get your start in the buying

3205
02:47:44.399 --> 02:47:46.319
<v Speaker 2>and selling and trading of gold and silver, boy and

3206
02:47:46.360 --> 02:47:47.760
<v Speaker 2>then the best place to get your start b to

3207
02:47:47.760 --> 02:47:49.879
<v Speaker 2>go to Cocsilver dot com.

3208
02:47:49.959 --> 02:47:51.200
<v Speaker 3>Link is in the description below.

3209
02:47:51.239 --> 02:47:53.600
<v Speaker 2>Listen, I'm not telling you this to try to give

3210
02:47:53.600 --> 02:47:55.559
<v Speaker 2>you some sort of a sense of urgency, because I

3211
02:47:55.600 --> 02:47:59.559
<v Speaker 2>don't have a hand in what the stock price of

3212
02:47:59.639 --> 02:48:02.159
<v Speaker 2>silver and gold is as of this moment. When we

3213
02:48:02.200 --> 02:48:04.520
<v Speaker 2>started this affiliate program with seven K and we got

3214
02:48:04.520 --> 02:48:06.760
<v Speaker 2>our own website and all these things, silver was a

3215
02:48:06.760 --> 02:48:09.280
<v Speaker 2>low over thirty dollars an ounce. It is currently over

3216
02:48:09.319 --> 02:48:11.959
<v Speaker 2>fifty dollars an ounce. That's not something that we did.

3217
02:48:12.239 --> 02:48:13.840
<v Speaker 2>That's just what the world is doing. As far as

3218
02:48:13.840 --> 02:48:16.879
<v Speaker 2>precious metals are concerned. It is still affordable as of

3219
02:48:16.879 --> 02:48:18.799
<v Speaker 2>this moment. I do not know how long it's still

3220
02:48:18.799 --> 02:48:21.319
<v Speaker 2>going to be affordable. While it's still something that you

3221
02:48:21.360 --> 02:48:24.040
<v Speaker 2>can afford to buy. Now is the time go to

3222
02:48:24.120 --> 02:48:26.479
<v Speaker 2>coecsilver dot com and get your start in the buy

3223
02:48:26.520 --> 02:48:29.639
<v Speaker 2>and selling of gold and silver billion today. But good

3224
02:48:29.639 --> 02:48:32.159
<v Speaker 2>cult members, as we are coming upon Black Friday, and

3225
02:48:32.200 --> 02:48:35.000
<v Speaker 2>if you're listening to this on Black Friday, then we

3226
02:48:35.079 --> 02:48:37.440
<v Speaker 2>want to know what you think about all these things.

3227
02:48:37.479 --> 02:48:40.680
<v Speaker 2>Where's the conspiracies lie? Is anything that we've talked about

3228
02:48:40.719 --> 02:48:43.399
<v Speaker 2>today something that resonates with you? Have you seen some

3229
02:48:43.680 --> 02:48:47.559
<v Speaker 2>predatory Black Friday practices being done by your local shops

3230
02:48:47.600 --> 02:48:50.159
<v Speaker 2>and stores and things like this. Have you seen cyber

3231
02:48:50.200 --> 02:48:52.200
<v Speaker 2>Monday take advantage of people? Have you been one of

3232
02:48:52.200 --> 02:48:54.760
<v Speaker 2>these people? We want to hear from you, good cult members.

3233
02:48:54.760 --> 02:48:56.719
<v Speaker 2>And the best place to let us know where would

3234
02:48:56.760 --> 02:49:00.280
<v Speaker 2>be two Please hit the five stars at the who

3235
02:49:00.319 --> 02:49:03.120
<v Speaker 2>Licesnscribes commentsable post review shares, it defend the family shares.

3236
02:49:03.159 --> 02:49:04.120
<v Speaker 3>If we're here's the deal.

3237
02:49:04.360 --> 02:49:06.520
<v Speaker 2>The more activity, the algorithm seas across all of our

3238
02:49:06.559 --> 02:49:09.479
<v Speaker 2>listening platforms, the more we get promoted and more potential listeners.

3239
02:49:09.239 --> 02:49:11.639
<v Speaker 3>Who could that become potential coll members actor as you. Finally,

3240
02:49:11.639 --> 02:49:13.399
<v Speaker 3>as and gentlemen, why are you ready to go? Check

3241
02:49:13.440 --> 02:49:14.600
<v Speaker 3>out minimistics job.

3242
02:49:14.520 --> 02:49:15.799
<v Speaker 2>And show all get in the same level of respect

3243
02:49:15.799 --> 02:49:17.920
<v Speaker 2>over there with the five star views and the positivity

3244
02:49:17.920 --> 02:49:18.559
<v Speaker 2>in the comments.

3245
02:49:18.760 --> 02:49:20.600
<v Speaker 3>Come check out the Cage to Night and come.

3246
02:49:20.520 --> 02:49:22.760
<v Speaker 2>Join each of us for our individual Patreon lives we

3247
02:49:22.799 --> 02:49:25.040
<v Speaker 2>host every Wednesday night at night pm Central links to

3248
02:49:25.040 --> 02:49:25.440
<v Speaker 2>those whore in.

3249
02:49:25.440 --> 02:49:27.719
<v Speaker 3>The description as well, and we thank you for everybody's

3250
02:49:27.719 --> 02:49:28.559
<v Speaker 3>already gone and done so.

3251
02:49:29.040 --> 02:49:31.959
<v Speaker 2>And with all of this being said, this was another

3252
02:49:31.959 --> 02:49:36.159
<v Speaker 2>beautiful episode of the Cult of Conspiracy. And my name's

3253
02:49:36.200 --> 02:49:40.360
<v Speaker 2>Jacob and there's one very important, extremely vital piece of

3254
02:49:40.360 --> 02:49:41.639
<v Speaker 2>information we need to learn.

3255
02:49:41.520 --> 02:49:43.719
<v Speaker 3>Just as soon as humanly possible.

3256
02:50:22.520 --> 02:50:25.879
<v Speaker 2>Hey, cult members, Jacob here just want to ask who

3257
02:50:25.879 --> 02:50:29.040
<v Speaker 2>wants better sex? The best way to get started is

3258
02:50:29.040 --> 02:50:31.239
<v Speaker 2>to go to Adam and Eve dot com Right now.

3259
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<v Speaker 2>Adam Eve is offering fifty percent off just about any item,

3260
02:50:35.280 --> 02:50:37.479
<v Speaker 2>but that's not all. When you get one item, they

3261
02:50:37.520 --> 02:50:40.959
<v Speaker 2>will also send three bonus sexy items and six free movies.

3262
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<v Speaker 2>They offered a screet shipping as your privacy is a priority.

3263
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<v Speaker 2>Plus free shipping on your entire order. Doesn't matter how

3264
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<v Speaker 2>much you spend or what you buy. All we packaged

3265
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<v Speaker 2>and sent discreetly for free. That's fifty percent off one

3266
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3267
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3268
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3269
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3270
02:51:06.600 --> 02:51:09.520
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3271
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3272
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3273
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<v Speaker 3>Use the offer code cult.

3274
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3277
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3278
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<v Speaker 2>hundred percent free shipping with the code Cult
