chapter  6
The ‘iron cage’ of consumerism
Pages 15

A sense of anxiety pervades modern society. At times it tips over into visceral fear. The nancial crisis of 2008 was such a time. Financial institutions became almost paralysed by fear. Banks refused to lend, even to each other; consumers stopped spending because of it. Governments displayed signs of being totally bewildered, both by the speed of change and by the implications of failure.