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Robeco's Global Consumer Trends Equities invests in both expanding consumption in China and aging in the United States.
No matter what you call it, the key idea is to develop economic policies that improve quality of life without expanding consumption.
But the proliferation of hand-held devices and expanding consumption of the airwaves by agencies, including the Defense Department, have begun to sharply limit its availability.
The world is facing an environmental crisis and a gross inequality crisis, driven in part by this monetary system, which demands expanding consumption of the environment and a transfer of wealth from poor to rich, to serve interest payments.
"If this ratio did not rise, people would remain poor, and thus expanding consumption would be empty talk".
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So I expect this will expand consumption, rather than shrink it".
You don't need higher incomes to expand consumption if you have falling costs.
China needs to expand consumption to reduce dependence on exports and government infrastructure spending for growth.
"I am trying to expand consumption but to diminish unnecessary consumption … I'm opposed to waste – of energy, or resources, or time.
And as China's economy continues to expand, consumption patterns of people living there will start to look more like those in the West.
American officials had been pressing China to expand consumption instead of building ever more factories that could someday produce even more exports.
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