The Future of Consumer Society: Prospects for Sustainability in the New Economy

The Future of Consumer Society: Prospects for Sustainability in the New Economy

By: Maurie J. Cohen (author)Hardback

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Description

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.

About Author

Maurie J. Cohen is Professor of Sustainability Studies and Director of the Program in Science, Technology, and Society at the New Jersey Institute of Technology and Associate Fellow at the Tellus Institute. He is Editor of Sustainability: Science, Practice, and Policy (SSPP) and co-founder and Executive Board Member of the Sustainable Consumption Research and Action Initiative (SCORAI). His books include Innovations in Sustainable Consumption: New Economics, Socio-technical Transitions and Social Practices (with Halina Szejnwald Brown and Philip Vergragt, Edward Elgar, 2013) and Exploring Sustainable Consumption: Environmental Policy and the Social Sciences (with Joseph Murphy, Pergamon, 2001). He holds a PhD in regional science from the University of Pennsylvania.

Product Details

  • ISBN13: 9780198768555
  • Format: Hardback
  • Number Of Pages: 240
  • ID: 9780198768555
  • weight: 402
  • ISBN10: 0198768559

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