Constraining Consumption: Can Asia Reshape Capitalism?

by nancy on November 13, 2011

Chandran NairGiven the limits of our planet and a population that just topped 7 billion, it may be past time to think about alternatives to an economic system that depends so utterly on continuous consumption to remain viable. On November 14, The Idea Hive is hosting a speaker, Chandran Nair, who will offer an alternative vision for the success of the powerhouse economies of Asia, Earth’s most populous continent.

Mr. Nair offers an alternative paradigm for governments, business leaders, and academics to consider. He argues that economic policy needs to be realigned to avoid the catastrophic outcomes that could result from the relentless promotion of a consumption-led growth model in Asia, at a time when resource constraints are only too apparent. His book, Consumptionomics: Asia’s Role in Reshaping Capitalism and Saving the Planet, calls for bans on some forms of consumption, re-pricing of resources, and for the state to play a bigger role.

 

Chandran Nair is the Founder and CEO of the Global Institute For Tomorrow (GIFT), an independent social venture think tank based in Asia. Its key goal is to guide corporations and their leaders on how to meet the challenges of doing business in Asia, with particular emphasis on the role of social investment, geopolitics, leadership development, business ethics, government and civil society. He is a staunch advocate of a more sustainable approach to development in Asia, and has helped governments and corporations instill these principles into their key decision-making processes through his work at GIFT, individual advisory services and speaking engagements throughout the world. Mr Nair is also Chairman and Co-Founder of Avantage Ventures, a boutique social investment advisory firm based in Hong Kong.

Please join us for a wide ranging and provocative discussion with Chandran Nair.  Constraining Consumption: Asia’s Role in Reshaping Capitalism takes place Monday, November 14 —  reception and networking at 7pm; lecture begins at 7:30 — at the Hub SoMa in downtown San Francisco. Click here to register.

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