There is no need. No one can keep up with all the many new words, phrases or meanings which are part of the process of language change. Only the other day I heard the new concept of communitarianism being heralded as the new '-ism' to replace the individualism of the 80s and early 90s.
Vocabulary changes because the world changes.
In the 50s men wore trousers, slacks or perhaps corduroy trousers . The 50s was a time when women wore blouses and men wore shirts . Today women still wear blouses but both men and women can wear shirts . Today kids look at me as if I've just landed from Mars when I refer to my gym shoes or plimsolls when everyone is wearing trainers or the latest Nikes . Well 'yes' and 'no' as any politician would say.