planned obsolescence

noun
a method of stimulating consumer demand by designing products that wear out or become outmoded after limited use.
Also called built-in obsolescence.


Origin:
1965–70

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Collins
World English Dictionary
planned obsolescence
 
n
Also called: built-in obsolescence the policy of deliberately limiting the life of a product in order to encourage the purchaser to replace it

Collins English Dictionary - Complete & Unabridged 10th Edition
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American Heritage
Cultural Dictionary
planned obsolescence [(ob-suh-les-uhns)]

Incorporating into a product features that will almost certainly go out of favor in a short time, thereby inducing the consumer to purchase a new model of the product. Placing sweeping tail fins on an automobile was an example of planned obsolescence.

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Example sentences
In fact, if people were manufactured products, one might justifiably accuse
  their producer of planned obsolescence.
Earl, by the way, is generally credited with creating the concept of planned
  obsolescence.
Planned obsolescence isn't far from the central planning, in name nor kind, you
  imply would help.
Planned obsolescence is driving everyone to live beyond there means.
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