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Wouldn affluent people used to a consumerist lifestyle have comparable problems to face new realities?

April 26, 2017affluent comparable consumerist Face lifestyle people problems realities Used

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Wouldn affluent people used to a consumerist lifestyle have comparable problems to face new realities?

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OECD economies show a much greater ability to change. Look at Japan post 1870. Look at Germany and Japan post-WWII. Look at the US post-WWII. Look at the world car industry, which is gearing up to produce EVs, something which they found anathema only 5-15 years ago.