Let me make a prediction. Over the next few months and years we will get used to a new catch phrase; 'post consumerism'. Why? Simply because this concept forms at the intersection of a problem of human development and an external shock.
There is a growing willingness to assert that well-being, as distinct from material success, is the aim of life. This in turn has two strands; the limited correlation between wealth and contentment amongst the well-off and the sense that in poor communities, particularly among the young, the problem is as much one of psychological resilience as of material deprivation.
The external shock is the combination of climate change, rising prices and commodity shortages, and the likelihood of several years of economic stagnation.
So, just as we are starting to ask whether shopping really is the route to happiness we find we can’t afford to buy as much anyway; of such a concatenation are cultural turning points made. Of course, it could go the other way, when we find we can’t spend, spend, spend we might suddenly realise how our lives depend on it and demand that Government use up all the resources NOW (in which case the human race is doomed to triviality, conflict and well deserved species extinction).
If you think this is just the ravings of an old leftie who has found a new excuse to indulge his anti-capitalist tendencies, here are the words of Sir Martin Sorrell, arguably the most powerful marketing man in the world 'our view, counter to what you expect, is that conspicuous consumption is not productive, and should be discouraged' (thanks to Jules Peck for pointing out this quote in this week's Campaign magazine).
Here are eight ideas that will rise on the tide of post consumerism:
Sustainable design - this week the Design Council asserted in their new three year plan that good design must by definition be sustainable design
Urban self sufficiency - time to stop ogling Felicity Kendall (if you are a man over 40) and start taking notes when watching The Good Life on UK Gold
Make do and mend - disinvest in EasyJet and buy shares in darning wool manufacturers
Upgradeability - technology and white goods being made so they can be upgraded without being thrown away (zero tolerance to built in obsolescence)
City closet dwellers - people too embarrassed to admit they used to work in financial services
Anti-consumerist chic - celebrities will positively want to be seen wearing the same outfit they wore five years ago
Post consumerist gaming - forget Grand Theft Auto V, the must-have video games will be 'carbon killers' and 'investment banker shoot 'em up'
The rise of the vegetarian super chef - forget macho, swearing, blood soaked cooks; we are all going to learn to do interesting things with lentils
Punk poet John Cooper Clark once said (I think) the world will end not with a bang but with a Wimpy. Cheap, disposable, unhealthy consumer capitalism is collapsing under the weight of its own contradictions. Hoorah!