Planned obsolescence

I was talking with my brother the other night and he introduced me to the term planned obsolescence, with which I immediately made a mental connection with wage slavery. It is to deliberately introduce elements into the design and engineering of products so that they will go out of function or fashion after a while, and consumers will be forced, either out of necessity or societal pressure, to purchase new products. Think about smartphone, and how it has come to be a necessary tool for some of us. In addition, think about the upgrades and new features that appear every few months. I am using a perfectly functional Nokia Symbian phone, but it now looks so out of place in the midst of highly powered touch phones. Planned obsolescence is a huge obstacle that prevents some of us from ever achieving any degree of financial freedom.