Economics Of Mahavira ► 04 ► [04.03] Limitation of Individual Ownership and Personal Consumption - Uncontrolled Consumption

Posted: 05.02.2006

The third element is consumption. The present consumerist social structure has unleashed consumption. Consumption is essential, but since consumerism surfaced, it has expanded to an extent that it has impacted health, mind and consciousness.

What is the consequence of an uncontrolled society? To satisfy wants to increase wants and, for fulfilling them, violence becomes a sine qua non.

In a way, new consumerism is the corollary of a new type of violence. Violence has already assumed a new dimension. Everybody has developed craving in his mind that a certain amount of consumption is essential. If that is not satisfied, then effort is made to satisfy it in one way or the other. It is achieved by abduction, theft or murder, since the fulfilment of these desires is the goal. In today's Economics, there is very little or perhaps no scope for morals. It does not recognize the need for moral and human values. Under these conditions, acquisition somehow or the other becomes the only objective.

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