I can’t help seeing though world through the prism of consumption. It’s the best lens I’ve found to understand society, its economy and culture. Today two articles jumped out from the paper and made me smile with a told you so grin.
The first was about the Philip Green Top Shop and BHS empire which is shutting 260 shops and has crashed to a loss of £102m. That’s not funny on one level of course; for the people who will lose their jobs. But one of the biggest factors – the mild weather – has meant no one is buying winter clothes. So climate change brought on by turbo-consumption, starts shutting the shops that helped create it. Perhaps more summer wear outfitters will open up. But the market is reaping what it sowed.
Look no further than electrical goods outlet Dixons. They sunk deeper into the red in part because of the £4million bill for lost stock during the summer riots. As I helped write elsewhere – the anomy of the riots was complex but shopping played more than its part. Windows full of plasma TVs in communities where 50% of kids have no job and no chance of a job is tempting fate just a bit to much.