Consumer Capitalism: 87 (Routledge Frontiers of Political Economy)
Language: English
Published by Routledge, 2007
Series: Book 54 of 375 - Routledge Frontiers of Political Economy
- Hardcover
- New
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Arguing that all consumers are capitalists, this book explores how capitalistic growth surveys existential distress rather than welfare. Drawing on the work of Schumpeter, Marx and Sraffa: three of the most influential economists, this book examines various issues, such as how consumers scramble to foresee market conditions, and others. Series: Routledge Frontiers of Political Economy. Num Pages: 288 pages, 5 black & white illustrations, 2 black & white tables, 5 black & white line drawings. BIC Classification: KC. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly; (UU) Undergraduate. Dimension: 234 x 156 x 21. Weight in Grams: 558. . 2007. 1st Edition. hardcover. . . . . Books ship from the US and Ireland.
Seller Inventory # V9780415375184
- Title
- Consumer Capitalism: 87 (Routledge Frontiers of Political Economy)
- Author
- Korkotsides, Anastasios
- Publisher
- Routledge
- Publication year
- 2007
- Condition
- New
- Binding
- Hardcover
- Language
- English
- ISBN 10
- 0415375185
- ISBN 13
- 9780415375184
- Series
- Book 54 of 375: Routledge Frontiers of Political Economy
An excellent addition to Routledge’s strong tradition of publishing exceptional books in heterodox economics, this innovative and groundbreaking volume draws on the work of Schumpeter, Marx and Sraffa, three of the most influential economists of all time. It bases value on a single, inwardly felt scarcity, the scarcity of life, which consumers scramble to experience more of through private possession of the product of socially contributed human time-space, in the form of knowledge embodied in commodities. This coercive urge, which appears outwardly as ‘commodity fetishism’, sets the context of ‘utility’ and self-interest, implicating consumers in the plunder of each other’s toil and of the earth, showing that capitalistic growth surveys existential distress rather than welfare.
Existential motivational uniformity joins the seemingly disparate individualistic pursuits into a race for growth, while markets promote variety and innovation. Markets assist consumption innovations to blend with Schumpeterian production innovations as consumers try to foresee market conditions and structure their expenditures towards gaining positional advantage. These explain the structural dynamics of increased roundaboutness through adjustment of prices and demand to an evolving techno-structure.
A valuable resource, this book unfolds a new vision of economic theorizing through the extreme basics of agent behaviour.
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