The decline and fall of consumer society? Implications for theories of modernization

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

Four decades have passed since modernization theorists first gave serious consideration to a transition from consumerism to post-consumerism. The intervening years have given rise to committed efforts in the United States and other affluent countries to reinforce the preconditions of consumer society through the deregulation of key economic sectors, the liberalization of international trade, and the reassertion of military power abroad. Enthusiasm for renewing these interventions now seems to be waning amid protracted difficulties restoring customary increments of economic growth. The prevailing situation, combined with a reversal of once favorable trends with respect to demography, household income, political capacity, and resource availability, suggests that the pillars of consumerist lifestyles are coming under increasing strain and new routines are beginning to develop.

Original languageEnglish (US)
Title of host publicationGlobal Modernization Review
Subtitle of host publicationNew Discoveries and Theories Revisited
PublisherWorld Scientific Publishing Co.
Pages33-40
Number of pages8
ISBN (Electronic)9789814616072
ISBN (Print)9789814616065
DOIs
StatePublished - Jan 1 2015

All Science Journal Classification (ASJC) codes

  • Business, Management and Accounting(all)
  • Economics, Econometrics and Finance(all)
  • Social Sciences(all)

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