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100			_a Bhar, Soumyajit and Lele, Sharachchandra _950554
245			_aLuxury consumption in India: Exploring the environmental, social, and cultural dimensions of affluence
260			_aEconomic & Political Weekly
300			_a60(2), Jan 11, 2025: p.86-94
520			_aLuxury consumption, so far seen as a problem of the global North, is now growing dramatically in India. We explore its complex dynamics, including definitions, drivers, impacts and responses. Luxury consumption has both material and symbolic value and is driven by various aspirations, amplified by social media. Environmental consequences include heightened carbon emissions, water depletion, air pollution, and biodiversity loss. The psychological toll includes materialistic dissatisfaction and cognitive dissonance, challenging the narrative of material wealth as a pathway to human flourishing. We call for a new definition of the “good life,” integrating eudaemonic well-being and sustainability into societal frameworks. Cultural movements and structural interventions such as luxury taxes are necessary responses to address this phenomenon. More research on luxury consumption adopting a mixed-method approach is essential to understand it better.- Reproduced https://www.epw.in/journal/2025/2/review-environment-and-development/luxury-consumption-india.html
773			_aEconomic & Political Weekly
942			_cAR