Only 10% of the world population was ‘urban’ at the start of the 20th century, a figure which has gone up to almost 50% at the beginning of the 21st century. Most of the rapid urbanization is being witnessed in Asia, the currents of which have left their mark. It is expected that even in countries like India, there would be a migration of more than 140 million people to urban areas over the next 5 to 10 years. In other countries of Asia, parallel trends are already visible. That urban burst is almost sure to create problems related to governance in the so-called ‘mega cities’. To ensure that the urbanization phenomenon also ensures development, the old mechanisms need to be jettisoned in favor of efficient models that treat urban centres ecologically. But of killing importance is the fact that in the speedy chase toward ‘urbanisation’, many countries are forgetting that it is not GDP growth, but equality in life style improvement that should be given preference, a factor much easily forgotten. But hey, who cares, capitalism rules!