Monday 24 August 2015

4. Reasons behind transition

The arrival of prosperity and concomitant materialism
Prosperity breeds transition, transition from non-materialistic culture to materialistic culture. The arrival of globalisation, free market had affected agricultural and services sector of Kerala economy heavily. On the services front with the help of IT sector young engineers earned good money. On the other hand the immediate impact that globalisation had on the agricultural produce has led to the drop in prices of various agricultural products such as rubber, pepper … has led to misery of farmers. Land cost remained stable.
Globalisation has offered large number opportunities for young graduates especially in the software sector. This has in turn resulted in the accumulation of money in the hands of youngsters. The new-found money caused consumption culture to rise and flourish.
Setting apart the initial fall in the prices of different agricultural produce the farmers subsequently reaped the benefits of globalisation. The price of agricultural produce such as pepper and rubber has also seen huge increase in a short span of time and the same with regard to fall in price. This sky rocketing of prices for agricultural produce in a short span of time led to sudden prosperity of different regions. The accumulation of large sums of money suddenly into the hands of farmers who haven’t seen or managed such a huge sum of money has caused materialistic culture to flourish.
The manufacturing sector in Kerala remained comparatively apathetic to the phenomenon of globalisation.
Sudden prosperity always leads to changes in social behaviour. People neither have past experience nor have good management skills to manage the sudden prosperity. The only ethic that guides people appears to be the amount of disposable income that one has. The income is disposed as soon as it is amassed. Materialistic pursuits and consumption culture starts to dominate the society about which I shall deal in the subsequent chapters.


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