Veblen--a political economist for today | 33 comments (33 topical, editorial, 0 hidden)

Re: Veblen--a political economist for today (none / 1)

I've long wondered how to get people to compete over who consumes less rather than who consumes more. I haven't the slightest idea of how to bring that about as the whole concept of status would seem to preclude it.

you are the media you consume.

by MillMan (millguy at gmail) on Fri Feb 23rd, 2007 at 03:35:49 PM EST
[ Parent ]

Re: Veblen--a political economist for today (none / 1)

kcurie is in favour of a potlatch economy, in which status is linked to how much you give away rather than hoard or consume.

by afew (afew(a in a circle)eurotrib_dot_com) on Fri Feb 23rd, 2007 at 03:55:08 PM EST
[ Parent ]

Re: Veblen--a political economist for today (4.00 / 2)

the potlatch economy is where Veblen got his intellectual start--it is mentioned in "Theory of the Leisure Class."

"Remember the I35W bridge--who needs terrorists when there are Republicans"

by techno (reply@elegant-technology.com) on Fri Feb 23rd, 2007 at 05:03:56 PM EST
[ Parent ]

Re: Veblen--a political economist for today (none / 0)

Well sure, but how do we make that happen?

And is it sustainable from the standpoint that your consumption based neighbor will just run you over with his greater economic and (likely) military might?

you are the media you consume.

by MillMan (millguy at gmail) on Fri Feb 23rd, 2007 at 05:15:21 PM EST
[ Parent ]

Veblen--a political economist for today | 33 comments (33 topical, 0 editorial, 0 hidden)

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