It is not only in affluent societies that people are obsessed with the idea of making more money. Consumer goods are desirable everywhere and modern industry deliberately sets out to create new markets. Gone are the day when industrial goods were made to last forever. The wheels of industry must be kept turning. ‘Built-in obsolescence’ provides the means: goods are made to be discarded. Cars get tinnier and tinnier. You no sooner acquire this year’s model than you are thinking about its replacement.
This materialistic outlook has seriously influenced education. Fewer and fewer young people these days acquire knowledge only for its own sake. Every course of studies must lead somewhere: i.e. to a bigger wage packet. The demand for skilled personnel far exceeds the supply and big companies compete with each other to recruit students before they have completed their studies. Tempting salaries and ‘fringe benefits’ are offered to them. Recruiting tactics of this kind have led to the ‘brain drain’, the process by which highly skilled people offer their services to the highest bidder. The wealthier nations deprive their poorer neighbours of their most able citizens. While Mammon is worshipped as never before, the rich get richer and the poor, poorer.
