SMP LeaderTalks: #163 | Addicted to consumption?

SMP LeaderTalks

16. September 2026

Georgiy Michailov meets Carl Tillessen

On On consumer psychology, status, and exploitation.

1h 09 Min

“Of the price we pay in the store, only two percent goes to the people who make the products.”

A T-shirt for three euros and home decor items for less than two euros: How is that possible? Carl Tillessen knows the answer—and it has little to do with factories in the Far East and a lot to do with us. Why do we so quickly shake off the guilty conscience we actually feel when we reach for a cheap product?

“In my book, I put forward the thesis that our consumption has taken on addictive characteristics.”

Carl Tillessen, a trend researcher and managing director of the German Fashion Institute (DMI), has ruthlessly dissected his own industry in his book “Consumption: Why We Buy What We Don’t Need,” he has ruthlessly dissected his own industry. In a conversation with Georgiy Michailov, he explains why our brains completely shut off the “pain of paying” when it comes to one-euro items, how the lockdown has changed our relationship to possessions, and why the more effective lever for more sustainable consumption is not price, but social pressure.

*Video only in German

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