Earlier quoted context omitted.
Would you be OK with 1% of GDP? But would you really be OK with some authority deciding how much gets spent on it? Or is the amount not the real issue? There's an ad in the article itself: it was offering me 25% off a subscription to MIT Technology Review during Earth Week. I didn't ask to see that information. It was trying to get me to do something I wasn't very interested in. Is that advert part of the problem, or…
I'm very OK that some authority (democratically accountable) decides what the advertisements can contain, and how prevalent they are allowed to be. I.e. that advertising is regulated. And it is regulated to an extent, but IMHO it should be regulated dramatically more and the existing regulations should be actually enforced. And at least in Finland, where I'm from, it used to be way way way more regulated than it is n…
On the whole though you're just saying "some adverts are bad and should be stopped by regulators", which isn't going to attract much disagreement, except in the details. And regulations (beer and bread, for example) are as old as the hills, and so is consuming stuff (is that the same as consumerism?) - I think the problem is recent rapid innovations in legally permissible scamming.