It has been suggested that everyone in the world wants to own a car, a TV, and a fridge. Do you think the advantages of such a development outweigh the disadvantages?

The global desire to own cars, televisions and refrigerators reflects rising incomes and the spread of consumer aspirations once limited to wealthier societies. The advantages of this development are real because these goods improve comfort, mobility and information access, but the disadvantages may outweigh them if mass ownership follows the wasteful consumption patterns of high-income countries.