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Consumptionomics

Asia's Role in Reshaping Capitalism and Saving the Planet

Consumptionomics by Chandran Nair
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Consumption has been the fuel that has driven the engine of global capitalism. The recent financial crisis has seen the West's leading economists and policy makers urging Asia to make a conscious effort to consume more and thereby help save the global economy. This is a view shaped by conventional wisdom which conveniently refuses to acknowledge both the uncomely effects of consumption and the limits to growth. Consumptionomics argues that this blinkered view needs to be replaced by a more rational approach to the challenges of the 21st century. If Asians aspire to consumption levels taken for granted in the West, the results would be environmentally catastrophic across the globe. Needless to say, it will also have significant geopolitical impacts as nations scramble for diminishing resources.
Infinite Ideas; December 2010
256 pages; ISBN 9781908189059
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Title: Consumptionomics
Author: Chandran Nair
 
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