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Consumer Capitalism Anastasios Korkotsides

Consumer Capitalism By Anastasios Korkotsides

Consumer Capitalism by Anastasios Korkotsides


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Summary

Consumer Capitalism departs from the standard economic approach which fails to take into account ontological and psychological substratum of behaviour, thus ignoring the accountability of consumers, concealing the nature of their motive, the wastefulness of capitalistic growth and its consequences.

Consumer Capitalism Summary

Consumer Capitalism by Anastasios Korkotsides

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.

About Anastasios Korkotsides

Anastasios Korkotsides

Table of Contents

1. Theory, Society and Consumption 2. Critical Overview 3. The Life Project 4. Production Innovations 5. Consumption Innovations 6. Some Issues Revisited

Additional information

NPB9780415547802
9780415547802
0415547806
Consumer Capitalism by Anastasios Korkotsides
New
Paperback
Taylor & Francis Ltd
2009-07-27
260
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
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