Every once in a while, I have to stop and think about how much consumption driven we have become. Indian’s were, and still are, one of the highest savers in the world. But things are changing rapidly with the young. Saving is not very high on the list of priorities.
Everyone talks about being green, buying green. We participate in new fads like the ‘Earth day’. Personally, I think that not buying at all is even better. Do you really need to buy a new mobile phone each year? What about the music player, the laptop, the car?
Whether I look at children or young employed adults, I see a clear trend. Everyone wants the biggest; latest; best, gadgets; phones; bikes etc. This is one American cultural influence I am not very comfortable with. Americans are known for their massive debt powered consumption. But imagine, with India’s population and her growing appetite what could happen to this planet?