Business speaker Chandran Nair says the Asian economies must rewrite the rules of capitalism
June 17, 2010
Chandran Nair Business Futurist Speaker
In an article in the Financial Times on June 18th, business and futurist speaker Chandran Nair says that the Asian economies must rewrite the rules of capitalism.
He says, “The 20th century’s triumph of consumption-based capitalism has created the crisis of the 21st century: looming catastrophic climate change, massive environmental damage and significant depletion of natural resources. Asia is now at the heart of it.”
“Imagine a world in which, by 2050, four to five billion Asians are consuming like Americans. The result would be catastrophic, yet this is what Asians are being told to aspire to. As Asia rises, the two billion now at the margins of the consumption economy will radically transform global demand and supply, not only for non-renewable commodities such as oil and coal, but also for renewables such as food. This is no Malthusian rehash.”
As a speaker, Chandran has strongly advocated a more sustainable approach to development in Asia, advising governments and multi-national corporations to instill these principles into their policies and key decision-making processes. His accumulative expertise and experience in Asian environmental and sustainability issues over the past 20 years are unrivalled.
