Inequality, Social Respectability, Political Power and Environmental Devastation
AbstractAlthough healthy societies may require a degree of material inequality, higher levels of inequality have been linked to negative social consequences ranging from poorer health to lessened democracy. However, the greatest contemporary threat of excessive inequality might be its contribution to increased environmental degradation. Indeed, avoiding devastation of our habitat may be the greatest challenge ever faced by humanity. This article explores the manner in which inequality encourages consumption, by drawing upon Thorstein Veblen’s theory of consumer behavior, whereby in societies in which fluid social mobility is believed possible, inequality encourages households to seek social certification and social status through consumption. Rising inequality strengthens the intensity with which households struggle to maintain social respectability through increased consumption. The ideology, institutions, and behavior generated by this focus on consumption reduce the potential for people to achieve certification of value through more environmentally friendly domains such as work and community. This article also addresses the manner in which inequality impedes responses aimed at reducing environmental damage by augmenting the political power of those whose interests would be harmed by environmental measures. Indeed, the wealthy benefit threefold from pollution: Their disproportionate consumption is made less expensive, their assets yield higher profits, and they are better able to shield themselves from the negative consequences of environmental destruction.
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Bibliographic InfoPaper provided by American University, Department of Economics in its series Working Papers with number 2010-09 JEL classification: Q50, P16, B15.
Date of creation: Jul 2010
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Web page: http://www.american.edu/cas/economics/
Conspicuous consumption; political power; ideology; work quality; community;
Other versions of this item:
- Jon D. Wisman, 2011. "Inequality, Social Respectability, Political Power, and Environmental Devastation," Journal of Economic Issues, M.E. Sharpe, Inc., vol. 45(4), pages 877-900, December.
- NEP-ALL-2010-08-28 (All new papers)
- NEP-CDM-2010-08-28 (Collective Decision-Making)
- NEP-ENV-2010-08-28 (Environmental Economics)
- NEP-PKE-2010-08-28 (Post Keynesian Economics)
- NEP-POL-2010-08-28 (Positive Political Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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