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The Future of Consumer Society - Prospects for Sustainability in the New Economy (Hardcover)
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The Future of Consumer Society - Prospects for Sustainability in the New Economy (Hardcover)
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Consumer society in the United States and other countries is
receding due to demographic ageing, rising income inequality,
political paralysis, and resource scarcity. At the same time,
steady jobs that compensate employees on a salaried or hourly basis
are being replaced by freelancing and contingent work. The rise of
the so-called sharing economy, the growth of do-it-yourself
production, and the spreading popularity of economic localization
are evidence that people are striving to find new ways to ensure
livelihoods for themselves and their families in the face of
profound change. Indications are that we are at the early stages of
a transition away from a system of social organization predicated
on consumerism. These developments have prompted some policy makers
to suggest providing households with a non-labor source of income
that would enable more adequate satisfaction of their basic needs.
These proposals include a universal basic income, a citizen's
dividend, and a legal framework for broad-based stock ownership in
corporations. However, extreme political fractiousness makes it
unlikely that these recommendations will receive prompt and
widespread legislative endorsement in most countries. In the
meantime, we seem to be moving incontrovertibly toward a
twenty-first century version of feudalism. How might we chart a
different path founded on social inclusiveness and economic
security? A practicable option entails establishment of networks of
interlinked worker-consumer cooperatives that organizationally
unify production and consumer. Such modes of mutual assistance
already exist and The Future of Consumer Society profiles several
successful examples from around the world. If replicated and
scaled, worker-consumer cooperatives could smooth the transition
beyond consumer society and facilitate a future premised on
sufficiency, resiliency, and well-being.
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