
Africa’s economic reset requires moving from ambition to execution
The Africa Commerce Convergence Summit keynote address identified four elements that must converge if the continent is to achieve a meaningful economic reset.
CONSUMPTION
By our African Marketing Confederation News Team | 2025
Researchers find people are happier and more satisfied when adopting sustainable lifestyles and resisting the temptations of consumerism.
In an age where billionaires and conspicuous consumption are increasingly on display, new marketing-industry research from New Zealand shows a simple life really is a happier life.
The study, led by academics from the University of Otago and titled ‘Consume Less, Live Well: Examining the Dimensions and Moderators of the Relationship Between Voluntary Simplicity and Well-being’, has been published in the Journal of Macromarketing.
After setting out to understand the relationship between consumption and well-being, the researchers found people are happier and more satisfied when adopting sustainable lifestyles and resisting the temptations of consumerism.
They analysed data from a representative sample of more than 1,000 New Zealanders, made up of 51% men and 49% women, with a median age of 45 and a median annual household income of NZ$50,000 (US$30,000).
Photo: Jorge Fakhouri Filho from Pexels
They found the commitment to simple living, or ‘voluntary simplicity’ as it is formally known, leads to well-being through providing more opportunities for personal interaction and social connection than conventional contexts of exchange – such as community gardens, sharing resources, or peer-to-peer lending platforms.
Women are more likely to adopt a simple life than men, although more research is needed to understand why, the researchers note.
Study co-author, Associate Professor Leah Watkins, says consumer culture promotes happiness as being typically associated with high levels of income and the capability it affords to acquire and accumulate material possessions.
“However, research is clear that attitudes to, and experiences of, materialistic approaches to life do not lead to increases in happiness or well-being. Nor do they lead to sustainable consumption necessary for planetary health.”
Environmental degradation as a result of human consumption
Growing consumer affluence and higher living standards have resulted in warnings of alarming trends of environmental degradation from human consumption.
This, coupled with global warming and post-pandemic health and financial anxieties, has led researchers and policymakers to call for a better understanding of the links between simple consumer lifestyles and well-being.
But study co-author, Professor Rob Aitken, says this isn’t a case of just throwing out all your worldly possessions.
“It’s not directly the commitment to material simplicity that leads to well-being, but the psychological and emotional need for fulfilment that derives from relationships, social connection, community involvement and a sense of living a purposeful and meaningful life.
“In a world where billionaire weddings are treated like state occasions and private yachts are the new status symbols, voluntary simplicity offers a quiet, powerful counter-narrative – one that values enough over excess, connection over consumption, and meaning over materialism,” Aitken states.
You can find out more about the research here.

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