Koutsobinas, Theodore (2003): The design of new policies in the global economy and society: The case of star markets and cultural change. Published in: International Journal of the Humanities , Vol. Volume, : pp. 1567-1579.
Download (252Kb) | Preview
This paper summarizes the alternative policy paths that can be followed for the correction of economic, social and cultural problems associated with the emergence of the phenomenon of star markets and excess consumption in developed economies. The phenomenon of star markets is relatively new but has received considerable attention lately since it is exacerbated by the spread of processes associated with globalization. The analysis is conducted in terms of an interdisciplinary framework that spans from Economics to Anthropology and of an attempt to bridge American pragmatism with European radical accounts of the phenomenon. I conclude that if redistribution policies are followed, there is a potential for a welfare benefit of cultural change across different classes of the population.
|Item Type:||MPRA Paper|
|Original Title:||The design of new policies in the global economy and society: The case of star markets and cultural change|
|Keywords:||star markets; conspicuous consumption; distribution; culture change|
|Subjects:||D - Microeconomics > D0 - General > D03 - Behavioral Economics; Underlying Principles
L - Industrial Organization > L5 - Regulation and Industrial Policy > L51 - Economics of Regulation
Z - Other Special Topics > Z1 - Cultural Economics; Economic Sociology; Economic Anthropology
B - History of Economic Thought, Methodology, and Heterodox Approaches > B5 - Current Heterodox Approaches > B52 - Institutional; Evolutionary
A - General Economics and Teaching > A1 - General Economics > A12 - Relation of Economics to Other Disciplines
D - Microeconomics > D1 - Household Behavior and Family Economics > D10 - General
Z - Other Special Topics > Z1 - Cultural Economics; Economic Sociology; Economic Anthropology > Z13 - Economic Sociology; Economic Anthropology; Social and Economic Stratification
|Depositing User:||Theodoros Koutsobinas|
|Date Deposited:||28. Apr 2012 15:14|
|Last Modified:||17. Feb 2013 19:01|
Barthes, R. The Pleasure of the Text, New York: Hill & Wang, 1975.
Baudrillard, Jean. Le Miroir de la Production:ou l’ Illusion Critique du Materialisme Historique. Tournai: Casterman, 1973. Trans. Mark Poster, as The Mirror of Production, Louis, St.: Telos Press, 1975.
Bourdieu, P. Distinction: A Social Critique of Judgement of Taste, trans. R. Nice. London: Routledge & Kegan Paul. 1984.
Bourdieu, P., and Passeron, J.C., Reproduction in Education, Society and Culture. 2nd edition, London: Sage, 1990.
Davies, J. “The Television Audience Revisited,” paper presented at The Australian Screen Studies Association Conference, Brisbane, December, 1984.
Etzioni, Amitai. “Socio-Economics: The Next Steps” in Socio-Economics Toward a New Synthesis, ed. Amitai Etzioni, Paul Lawrence, M.E. Sharpe, Inc. 1991a.
Etzioni, Amitai. “Contemporary Liberals, Communitarians and Individual Choices,” in Socio-Economics Toward a New Synthesis, ed. Amitai Etzioni, Paul Lawrence. M.E. Sharpe, Inc. 1991b.
Etzioni, Amitai. The Spirit of Community. New York: Touchstone, 1993.
Fisher, Irving, and Fisher Herbert W. Constructive Income Taxation, New York: Harper and Brothers, 1942.
Frank, Robert H., and Philip J. Cook. The Winner-Take-All Society, New York: The Free Press, 1995.
Frank, Robert H., and Philip J. Cook. Luxury Goods, New York: The Free Press, 1997.
Fukuyama, P. The End of History. Sharpe: 1993.
Galbraith, John Kenneth. The Contented Society, 1971, MIT Press.
Habermas, J. “Modernity Versus Postmodernity,” New German Critique 22, 1981a.
Hubbard R. G. and J. Skinner, “Assessing the Effectiveness of Savings Incentives,” Journal of Economic Perspectives, 10, Fall 1996, 73:90.
Hunt, A. Governance of the Consuming Passions. New York: St. Martin’s Press, 1996.
Jameson, F. “Postmodernism and the Consumer Society,” in H. Foster ed., Postmodern Culture, London: Pluto Press, 1984.
Kahneman,Daniel; Jack Knetsch; and Richard Thaler, “Perceptions of Unfairness: Constraints on Wealth-Seeking,” American Economic Review 76, September 1986:728-41.
Krugman, Paul. “The Right, the Rich, and the Facts,” The American Prospect 11,Fall 1992: 19-31.
Lyotard, J.F. The Postmodern Condition, Manchester: Manchester University Press, 1984.
Naisbitt, J., Megatrends: Ten New Directions Transforming Our Lives, New York: Warner Books, 1984.
Nietzche, Friedrich. The Will to Power, trans. W. Kaufmann and R.J. Hollingdale. Vintage Books, New York, 1968.
Nisbett, Richard, and Lee Ross, Human Inference: Strategies and Shortcomings of Social Judgment, Englewood Cliffs, N.J.: Prentice-Hall, 1980.
Podolny, Joel. “A Status-based Model of Market Competition.” American Journal of Sociology 98, 1993: 829-72.
Putnam. R. D. “Bowling Alone: America’s Declining Social Capital, Journal of Democracy, 6, 1995, 65:78.
Rosen, Sherwin, “The Economics of Superstars,” American Economic Review 71, December 1981: 845-58.
Seidman, L. The USA Tax: A Progressive Consumption Tax, Cambridge:MIT Press, 1997.
Sen, Amartya, On Ethics and Economics., Oxford: Oxford University Press. 1987.
Simon, Herbert. “From Substantive to Procedural Rationality,” in S. Latsis (ed.) Method and Appraisal in Economics, Cambridge: Cambridge University Press, 1976.
Schumpeter, Joseph A., History of Economic Analysis. London: George Allen & Unwin, 1954.
Tversky, A. and D. Kahneman. “The Framing of Decisions and the Psychology of Choice,” Science, pp. 453-458. 1981.
Veblen,T. The Theory of the Leisure Class, New York, Modern Library, 1899.
Weber, M., The Methodology of the Social Sciences. Translated and edited by Edward A. Shils and Henry A. Finch. New York: Free Press, 1949.