Society and brain: A complementary approach to Thorstein Veblen’s conspicuous consumer based on Tibor Scitovsky’s neuropsychology

Almeida, Felipe

doi:10.1590/0103-6351/2994

Nova econ.

2016

DOI: 10.1590/0103-6351/2994

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Society and brain: A complementary approach to Thorstein Veblen’s conspicuous consumer based on Tibor Scitovsky’s neuropsychology

Felipe Almeida

Abstract: The goal of this study is to complement Thorstein Veblen's conspicuous consumer approach to economics with Tibor Scitovsky's neuropsychological analysis. This is undertaken by exploring the psychological basis of both theories. Veblen's conspicuous consumer emulates the leisure class, which consumes what can be understood as the best goods of a society. These goods are associated with the concept of social satisfaction rather than physical satisfaction. Veblen's conspicuous consumer decision making is introduc… Show more

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Cited by 3 publications

References 24 publications

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Economic world: logic

Filipenko¹

2021

Ekon. teor.

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The article examines logical aspects of the economic universe through the lens of its key elements – resources, institutions and interconnections between them. It is emphasized that starting from the New Times one of the main issuesof economic science has been the study of logic, the historical tendency of movement of two key factors (resources): capital and labour. At this stage logical preconditions of the analysis of natural, financial, technological resources acquire considerable significance. The logic of capital and labour is investigated in the context of economic heritage of A. Smith, K. Marx, R. Luxemburg, representatives of the Cambridge school, modern authors (T. Piketty). Starting from ХІХ century, the correlation between capital value and labour value in the national income has been considered the main integral indicator reflecting the state and logic of labour. The logic of natural resources is most fully exemplified by the concept of sustainable economic development, which reflects the content and types of interrelations between the society and the natural environment both at present and in future. At the same time access, distribution and use of resources should take place on the basis of the expenditures-income principle and continue for each generation in a logical and fair way. The logic of technological resources is revealed primarily through the lens of industrial revolutions. Logical dimensions of financial resources have been represented in the works of J.S. Mill, J. Schumpeter and Ch. Kindleberger. Ch. Darwin’s theory of evolution is the basis of institutional logic. Traditions, customs, their evolution, influence on an individual’s behaviour and the philosophy of American pragmatism were the foundation of logic of Veblen’s institutionalism. The logic of relations between resources and institutions is based on the works of B. Russell, A. Whitehead and R. Carnap. Interactionof resources and institutions has been researched in the light of using resources by different generations of human communities and was called ‘the logic of the play between generations’.

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Economic world: logic

Filipenko¹

2021

Ekon. teor.

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A politização do conceito de cultura na teoria institucionalista: Thorstein Veblen e os antropólogos de sua época

Claudino

2019

Nova econ.

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Resumo O conceito de cultura foi fundamental para o desenvolvimento das ciências sociais e humanas nos séculos XIX e XX. Também está na raiz da escola de pensamento econômico conhecida como Institucionalismo Americano, que teve como precursor Thorstein Veblen (1857-1929). Por meio da leitura de textos clássicos e revisão de literatura, o objetivo deste texto é apresentar o “pensamento antropológico” contemporâneo a Veblen, principalmente em torno do conceito de cultura e do método em Antropologia nos seus primórdios, e discutir as relações interdisciplinares que dão origem à escola de pensamento institucionalista, explicando a retomada da abordagem vebleniana nos últimos anos, especialmente nos estudos sobre consumo. Como principais resultados, destaca-se que Veblen valeu-se de instrumentos investigativos similares, estabelecendo diálogo com os escritos dos etnólogos e inﬂuenciando outros, tendo encaminhado o entendimento sobre cultura, principalmente por meio da crítica à “alta cultura”, os quais marcaram a noção de cultura na história do Institucionalismo Americano.

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Logical Dimensions of the Global Economic World

Filipenko¹

2023

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The article addresses logical approaches to explaining the economic world. The introductory part reveals the general prerequisites for the logical analysis of large systems. The rest of the study is devoted to the logical structure of economic worlds: at micro-, macro- and mega-levels. The logical dimensions of the economic world are based mainly on deterministic logic, grounded in Antiquity, Modern era and institutional logic of the late XIX and XX centuries. The dynamics and structure of the micro level (enterprise, firm, MNE) is explained by the institutional logic based on the American school (R. Coase, O. Williamson, etc.). Institutional logic in a broad sense includes values, norms, customs that people use in their daily activities on the scale of a certain space and time. Economic institutions have a long history, accompanying socio-economic development from the Neolithic era to the modern one. Their logic was shaped by the level of social, economic, technological, cultural development of various human communities of the ecumene. The macro-level of economics, on the one hand, is defined by deterministic (Laplace’s) logic. Its essence is to take into account the whole set of possible factors (economic and non-economic ones) that affect the course of economic dynamics. Individual needs, preferences, productive capacity, interaction of individuals create the layout of neoclassical model of economy. Keynesian deterministic logic is structural in nature, when the behaviour of individuals is determined by the general state of the economy as a whole. The logic of Marxist economic analysis, also known as overdeterminism, is derived from dialectics. On the other hand, the works of T. Veblen, the old American school of institutionalism and modern representatives (D. North, R. Nelson, J. Winter) are of paramount importance. The tools of logical analysis of the mega-level are mostly reflected in the works of G. Leibniz, I. Kant, R. Carnap and in modern institutional logic. The logic of globalisation, its historical phases can be traced according to different types of globalisation in four spatio-temporal dimensions: extensiveness, intensity, velocity and reciprocity and three deterministic logics: technical (technological), economic and political.

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Society and brain: A complementary approach to Thorstein Veblen’s conspicuous consumer based on Tibor Scitovsky’s neuropsychology

Cited by 3 publications

References 24 publications

Economic world: logic

Economic world: logic

A politização do conceito de cultura na teoria institucionalista: Thorstein Veblen e os antropólogos de sua época

Logical Dimensions of the Global Economic World

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