Chandran Nair on the race to the bottom in the food industry | Aljazeera

The food industry is essentially premised on promoting relentless consumption through underpricing resources and externalizing cost. What happens is the constant suppression on the ability of people to produce good food because right from the supermarket, there is a desire to make things cheap so people can consume more. Ultimately then you have a food industry, industrialized, that aids and abets that with all sorts of additives. People in the wider food chain therefore start to cheat. We have a race to the bottom. It's a worldwide phenomenon.

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CNTV Dialogue: Western consumption model challenge in Asia

The holiday season is with us and shoppers are on the streets trying to find their favorite products. This is certain to do good to the domestic consumption. However can China and Asian countries afford consumerism western style? Is there an alternative model for these countries? In today’s program we are joined by Chandran Nair, founder of the Global Institute for Tomorrow and also the author of the book Consumptionomicts: Asia’s Role in Reshaping Capitalism and Saving the Planet. 

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BBC HARDtalk Chandran Nair & Raghuram Rajan

BBC HARDtalk with Chandran Nair, founder of the Global Institute for Tomorrow, and Raghuram Rajan, former IMF economist and now an economic adviser to the Indian prime minister. Growth is good - this is a basic economic assumption shared around the world. What would happen if the world's two upcoming economic giants, China and India, to grow till they reach the American level of consumption? Will free market make or break Asia?

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