Consumerism today represents an unprecedented crisis of values, in ethical, social and material terms. Never before have so many resources and so much energy been used to produce so many goods for so many people. And never before have hundreds of millions of people across the world been so ingeniously encouraged to buy, use and then throw away or upgrade – with increasing rapidity – what they have bought. This has resulted in a world of unsustainable material flows, and a world drowning in waste.
By Dr. Kathy Miller Perkins
Note: this article is part of The Transatlantic Debate Blog series, which forms a conversation between Dr. Katrin Muff and Dr. Kathy Miller Perkins on business sustainability. Read the previous post here.
Have you ever thought about how many formerly great companies are no longer around? For example, whatever happened to previously iconic companies like Compaq, Standard Oil, and Polaroid? And who can overlook the gradual demise of Blackberry? Of course it is difficult to say whether these failures could have been predicted much less prevented. Continue reading