Humanity has paid a high price for the development model it adopted since the Industrial Revolution. Based on Western notions of linear progress, exploitation of resources, consumerism and equating material prosperity with happiness, it has caused global warming, environmental pollution, decimation of bio-diversity, toxicity of food products and decline of soil fertility. Human society has been left vulnerable to this achievement-oriented and consumerist model. It has fuelled dissatisfaction, disturbed the normal biological cycle, impinged upon family bonds and adversely affected the social structure. Humankind must discard this flawed model of development in favour of a wholesome idea.