Thursday, January 13, 2011
African Consumerism: Supermarkets in the Mist
The Wall Street Journal was gushing about the prospects for a consumerism launch in Africa. The subtitle reads" As Disposable Incomes Continue to Climb, Multinationals Shift Focus From Resources [extraction] to Retail". Gee , what could possibly go wrong? Well, how about the continent slowly turns into a Haiti look- alike ? Maybe add supermarkets in the mist without a janitor to pick up in the parking lots. Multiplex theaters that feature R-rated films starring rappers and pimps. Huge freeways along side national parks and wildlife preserves. Establishing welfare roles to cement central power by politicians. African states able to step up in class of arms purchases. In short, it will look more like the West which is not necessarily a good thing.
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