Year: 2016 | Month: December | Volume 7 | Issue 3
Consumer Society in India: Some Reflections
Abstract:
In the current phase of globalization and changing economic scenario in India, it appears that the increase in money flow in the market is an artificial creation. The government also keeps on pumping money to save the industrialists. The ordinary people in any part of the world find it difficult; however, to comprehend the intricacies of the economics. However, with increase in salaries and easy availability of loans, they keep on purchasing the items which are of no use to them. This paper is an attempt to bring back the attention to the neo-marxist, critical theorists and post-modernist critiques of emerging market society in the world. An attempt is made to relate the theories to the current situations in India where the government claims the highest growth ratio but the Human Development Index and other indexes show the bitter truths of rising inequality, poverty and skewed development.
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