Friday, May 23, 2008

Six Billion Consumers and Rising

May 19, 2008 - "The wars of the twenty-first century will be fought over parking spaces." So writes Suketu Mehta in his recent portrait of Mumbai, a city pushing the limits of overpopulation, struggling with sewage overflows, and clawing for limited electricity, water, and gas supplies.

The wars Mehta predicts in fact are well under way. Easily missed in the clamor over the spiking prices of oil, natural gas, coal, iron, aluminum, copper, and a long list of other commodities (WSJ)—not to mention shortages of wheat, rice, flour, and other basic foodstuffs—is that population pressures weigh on the availability of all these goods. More >>>