The political economy of status : superstars, markets and culture change
Koutsobinas, Theodore
In this timely book, Theodore Koutsobinas explores the system of status markets and their social effects. 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 firstly identified by Veblen and Galbraith, the author analyzes extensively behavioural evidence from modern interdisciplinary research and contributes constructively to a new genre of economic analysis. The Political Economy of Status compels us to seriously consider 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.
Type of material - book
; adult, serious
Publication and manufacture - Cheltenham (UK) ; Northampton (MA) : E. Elgar, cop. 2014
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