Premium
Conspicuous Consumption as Routine Expenditure and its Place in the Social Provisioning Process
Author(s) -
Todorova Zdravka
Publication year - 2013
Publication title -
american journal of economics and sociology
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.199
H-Index - 38
eISSN - 1536-7150
pISSN - 0002-9246
DOI - 10.1111/ajes.12039
Subject(s) - provisioning , consumption (sociology) , process (computing) , conspicuous consumption , capitalism , business , neoclassical economics , economics , sociology , computer science , social science , political science , institutional economics , law , politics , telecommunications , operating system
The article utilizes the framework of social provisioning to argue that conspicuous consumption is an essential process of capitalism, and should be explored as a routine practice rather than an exceptional behavior. The objectives are: 1) to discuss conspicuous consumption as a process within a heterodox social provisioning framework; and 2) to emphasize the need for formulating theoretical concepts and discussions that are consistent with heterodox frameworks such as social provisioning.