Consumptionomics: Asia's role in reshaping capitalism and saving the planet

"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 con...

Full description

Bibliographic Details
Main Author: Nair, Chandran
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Oxford 2011
Infinite Ideas
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19136672124919548549-Consumptionomics-asia-s-role-i.htm
_version_ 1771659899935129601
author Nair, Chandran
author_facet Nair, Chandran
collection Library items
description "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."
format TEXT
geographic Asia
id 19136672124919548549_f2cc8a20d6ee4c63ba4c665e20b59990
institution ETUI-European Trade Union Institute
is_hierarchy_id 19136672124919548549_f2cc8a20d6ee4c63ba4c665e20b59990
is_hierarchy_title Consumptionomics: Asia's role in reshaping capitalism and saving the planet
language English
physical 256 p.
Paper
publishDate 2011
publisher Oxford
Infinite Ideas
spellingShingle Nair, Chandran
capitalism
consumption
economic conditions
economic policy
Consumptionomics: Asia's role in reshaping capitalism and saving the planet
title Consumptionomics: Asia's role in reshaping capitalism and saving the planet
topic capitalism
consumption
economic conditions
economic policy
url https://www.labourline.org/KENTIKA-19136672124919548549-Consumptionomics-asia-s-role-i.htm