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The Economics of Conspicuous Consumption - Theory and Thought since 1700 (Hardcover)
Loot Price: R2,813
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The Economics of Conspicuous Consumption - Theory and Thought since 1700 (Hardcover)
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A feature of the new consumer societies which has emerged in more
recent years has been the growing economic and social importance of
conspicuous consumption. Status-directed consumer demand,
stimulated and promoted by the supply of products and services
marketed as symbols of social identity and style, now represents a
significant part of overall economic and commercial activity. Once
regarded as a form of consumer behaviour associated only with the
rich and privileged, conspicuous consumption is today a worldwide
phenomenon, easily observed at all social and economic levels and a
major determinant of the nature and direction of consumer demand.
The origins of modern-day conspicuous consumption can be traced to
the seventeenth and eighteenth centuries, to a time when the first
consumer societies were being established. As these new markets
emerged, so economics struggled to come to terms with a form of
socially-inspired consumer behaviour with which it felt
instinctively uneasy. Roger Mason traces the development of
economic theory and thought since 1700 in its attempts to
accommodate a new economics of conspicuous consumption. This
enlightening book will be of much interest to scholars, researchers
and students of consumer behaviour in economic theory, and will
also be welcomed by those in the disciplines of sociology,
psychology and business studies.
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