Joseph Schumpeter and Thorstein Veblen on technological determinism, individualism and institutions

Papageorgiou, Theofanis; Michaelides, Panayotis G.

doi:10.1080/09672567.2013.792378

Cited by 21 publications

(7 citation statements)

References 44 publications

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“…Third, for scholars and academics, conspicuous diffusion offers a more tangible and unified conceptualization of conspicuous consumption, which the literature argues is a major shortcoming of Veblen's original theory (Patsiaouras and Fitchett 2012;Campbell 1995). Our study also points the way towards future research -it could for instance connect conspicuous diffusion to larger societal implications of Veblen's research, such as the role of institutions and technological determinism (Veblen and Banta 2009;Papageorgiou and Michaelides 2016;Brette 2003). Conspicuous diffusion may also improve the understanding of how status and socioeconomics actively guide and determine the diffusion process.…”

Section: Discussionmentioning

confidence: 73%

“…Writing from an entirely different perspective than that of conspicuous consumption, Veblen subsequently focused on how technology influences society (Papageorgiou and Michaelides 2016;Brette 2003). Veblen sought to trace the evolutionary development of society over time, and suggested that technology could be the primary catalyst of societal and institutional change, contributing to a mode of thought known as "technological determinism" (Papageorgiou and Michaelides 2016). Irrespective of today's criticism against technological determinism, Veblen's original conceptualization of technological determinism was quite flexible and incorporated cultural aspects and the selfreinforcing nature of institutions (Brette 2003).…”

Section: Introductionmentioning

confidence: 99%

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Conspicuous diffusion: Theorizing how status drives innovation in electric mobility

Noel

Sovacool

Kester

et al. 2019

Environmental Innovation and Societal Transitions

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This paper explores how conceptions of luxury and status affect the manner in which a relatively novel technology-an electric vehicle-diffuses across societies. To do so, it combines Veblen's notion of conspicuous consumption and Roger's diffusion of innovation by proposing a new theoretical variation, which we term "conspicuous diffusion." The paper sketches natural connections between the two theories, namely how conspicuous consumption relates to technological and societal development, and how diffusion of innovation is intrinsically connected to status. In combining these approaches, we hypothesize that the success of an innovation is guided by its adherence to the canons of conspicuousness and conspicuous value, which it loses as the innovation diffuses across the population. To illustrate the explanatory power of conspicuous diffusion, we examine the status of electric vehicles in the Nordic region, based on original data from multiple methods, including expert interviews and focus groups. We find that conspicuous diffusion can explain previous failures and current successes of electric vehicle diffusion patterns. The paper concludes with recommendations for policymakers, industry, and academia.

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Section: Discussionmentioning

confidence: 73%

Section: Introductionmentioning

confidence: 99%

Conspicuous diffusion: Theorizing how status drives innovation in electric mobility

Noel

Sovacool

Kester

et al. 2019

Environmental Innovation and Societal Transitions

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“…Besides this reductionism, these theorists worked largely with data about Western Europe and the United States, which may not hold for the world economy as a whole (Wallerstein 1984). Another problem is that the post-Kondratieff tradition seeks to specify 'techno-industrial' or 'technoscientific' revolutions (say a 4IR) by an unfortunate teleology that projects 'long waves' into the future on a recapitulationist evolutionary logic (although Kondratieff himself was sceptical of such teleology [Mustafin 2018], and there is a suggestion that Schumpeter may have been too [Papageorgiou and Michaelides 2016]).…”

Section: Criteria For An Industrial Revolutionmentioning

confidence: 99%

The Myth of the Fourth Industrial Revolution

Moll

2021

Theoria

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This article argues that there is no such phenomenon as a Fourth Industrial Revolution. It derives a framework for the analysis of any industrial revolution from a careful historical account of the archetypal First Industrial Revolution. The suggested criteria for any socioeconomic transformation to be considered an industrial revolution are that it must encompass a technological revolution; a transformation of the labour process; a fundamental change in workplace relations; new forms of community and social relationships; and global socio-economic transformations. These transformations indeed characterise the Second and Third Industrial Revolutions. The aggregate of technical innovations in the latter is carefully examined, because this is a crucial part of determining whether we can meaningfully claim that a Fourth Industrial Revolution is underway. The article demonstrates that we cannot.

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“…One is called the technological determinism analysis, and the other can be named as the social constructivism analysis. Specifically, the term “technological determinism” was coined to describe the proposition that technology in any given society defines its nature (Papageorgiou & Michaelides, 2016). Technological determinists argue that the Internet plays a decisive role in social changes (Dafoe, 2015; Rambe & Nel, 2015).…”

Section: Literature Review and Development Of Hypothesesmentioning

confidence: 99%

Reversing the U: New Evidence on the Internet and Democracy Relationship

Zang

Xiong

Gao

2018

Social Science Computer Review

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The relationship between the Internet and democratic developments has long been a controversial topic, hampered in part by the lack of empirical evidence. So this study is undertaken to investigate the effects of Internet penetration on democratization based on the panel data of 125 countries gathered from 1993 to 2014. The authors apply machine-learning method (i.e., random forest) to effectively screen the variables that are more closely related to democracy. The results of different estimation models reveal an inverted U-shaped relationship between Internet penetration and democratization and also distinguish the impacts of the Internet on advanced and less advanced democracies. Then, we arrive at the conclusion that Internet penetration brings a late-starting advantage in the development of democracy for less advanced democracies. These conclusions are further confirmed by the robust test.

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Joseph Schumpeter and Thorstein Veblen on technological determinism, individualism and institutions

Cited by 21 publications

References 44 publications

Conspicuous diffusion: Theorizing how status drives innovation in electric mobility

Conspicuous diffusion: Theorizing how status drives innovation in electric mobility

The Myth of the Fourth Industrial Revolution

Reversing the U: New Evidence on the Internet and Democracy Relationship

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