Embracing the Next “ism”: Exploring the New Possibilities of Human Advancement, beyond the constraints of our current economic model

Last month the South Asian Political Action Committee at Tufts hosted an event with Professor Partha Ghosh on “Solving the complex puzzle of growth: embracing modernity & preserving tradition in India & China.” The event not only had a great turnout, but also received great feedback, which is why we are bringing back Professor Ghosh at the request of many students, hopefully to try and reach out to a larger student body this time. The talk not only touched on some topics that are relevant to economic development, including the countries of India & China that are often characterized as the next big powers, but provided us with the possibility of a new paradigm for development.

The challenge facing most developing countries today is whether it is possible to pursue the same model of growth as the developed nations did. More importantly, is this model even feasible given the current global environment? The simple answer is no. Consumerist ideals, which we’re familiar with in this country, “can allow us neatly ignore the fact that we are using exponentially more material than our predecessors could have imagined.” According to current predictions the US itself is expected to create teratons of waste in 20 years. But imagine if Chinese families attain the same standard of living as Americans and create the same amount of household waste. With China’s population, we could be looking at entire country-sized landfills, as Professor Ghosh pointed out in his last discussion.

The real question is then how can we advance beyond the constraints of our current economic models, and challenge this status quo? And this is where Professor Ghosh’s research comes alive. Having compiled data from several countries in order to study the viability of different growth models, Professor Ghosh identifies how we can rectify mistakes of the past and at the same time embrace some of the philosophies from the world’s ancient civilizations in order to conceive of a holistic and new solution to the complex puzzle of growth.

We tend to categorise world history into different “isms.” Professor Ghosh suggests that maybe it is time to embrace the next “ism.” For those of you who heard him at TEX recently, you have seen a preview of what is to follow. Join us at 8 PM April 24th in the ASEAN auditorium in the Fletcher Building for this intriguing discussion.