In this timely book Theodore Koutsobinas explores the system of status markets and their social effects including inequality. He explains how media fascination with superstars and luxury consumption goods amplify positional concerns for all, distort the aspirations of the middle class and cause relative deprivation. Building on themes first identified by Veblen and Galbraith, Koutsobinas analyses extensively the behavioural evidence from modern interdisciplinary research and contributes constructively to a new genre of economic analysis. The Political Economy of Status compels us to consider seriously redistributive culture change policies targeted to assist the underprivileged. This book will be a valuable and lively reading resource for academics in various fields including economic theory, political economy, sociology, social psychology and cultural studies.
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Superstars, Markets and Culture Change
The Dialogue of Disciplines
Edited by Michael Harvey and Ronald E. Riggio
This unique, cross-disciplinary volume encourages a new synthesis in the vibrant field of leadership studies. Comprising reflective conversations among scholars from different disciplines, the contributors explore common ground for new research and ideas.
The Time of Money in Financing and Society
This book reconstructs the dynamics of economics, beginning explicitly with the role and the relevance of time: money uses the future in order to generate present wealth. Financial markets sell and buy risk, thereby binding the future. Elena Esposito explains that complex risk management techniques of structured finance produce new and uncontrolled risks because they use a simplified idea of the future, failing to account for how the future reacts to attempts at controlling it. During the recent financial crisis, the future had already been used (through securitizations, derivatives and other tools) to the extent that we had many futures, but no open future available.
Edited by James G. Carrier
This unique Handbook contains substantial and invaluable summary discussions of work on economic processes and issues, and on the relationship between economic and non-economic areas of life. Furthermore it describes conceptual orientations that are important among economic anthropologists, and presents summaries of key issues in the anthropological study of economic life in different regions of the world. Its scope and accessibility make it useful both to those who are interested in a particular topic and to those who want to see the breadth and fruitfulness of an anthropological study of economics.
Rational Choice or No Choice at All?
The Economics of Sin examines the definition and evolution of sin from the perspective of rational choice economics, yet is conscious of the limitations of such an approach. The author argues that because engaging in activities deemed to be sinful is an act of choice, it can therefore be subject to the logic of choice in the economic model.