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How imperative are the Joneses? Economic growth between individual desire and social coercion

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  • Richters, Oliver
  • Siemoneit, Andreas

Abstract

Worldwide, economic growth is a prominent goal, despite its severe conflicts with ecological sustainability. Are 'growth policies' only a question of political or individual will, or do 'growth imperatives' exist that make them 'inescapable'? And why do people consume ever more, even in 'rich' countries? These questions are of political relevance, discussed since long - and essentially contested, especially along the dimensions free will vs. social coercion, and 'socio-cultural' influences vs. 'economic' reasons. We carefully derive definitions of the key terms 'social coercion' and 'growth imperative', referring to the concept of methodological individualism. Based on the assumption derived elsewhere that an economic growth imperative actually exists, we analyze some socio-cultural influences on individual behavior, dividing the debate in three subgroups. On the demand side, we study why people seemingly consume beyond basic needs to compare with others for social and cultural reasons, or to increase opportunities, while on the supply side, we analyze why people work more than needed given their consumption plans. When socio-cultural influences are truly forceful, they are usually based on economic pressure. Also, accumulation and certain consumption decisions can be traced back to quite 'rational' motives, making an often demanded 'cultural transformation' towards sufficiency a difficult project. Reproductive considerations (mating) and technology as households' investment may be considerably underestimated as consumption motives, the second probably causing a positive feedback loop. We conclude that, with regard to inescapability, socio-cultural mechanisms are secondary, compared with economic pressure on individuals.

Suggested Citation

  • Richters, Oliver & Siemoneit, Andreas, 2017. "How imperative are the Joneses? Economic growth between individual desire and social coercion," VÖÖ Discussion Papers 4/2017, Vereinigung für Ökologische Ökonomie e.V. (VÖÖ).
  • Handle: RePEc:zbw:voodps:42017
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    Cited by:

    1. Richters, Oliver & Siemoneit, Andreas, 2019. "Wachstumszwang – eine Übersicht," ZOE Discussion Papers 3, ZOE. institute for future-fit economies, Bonn.
    2. Richters, Oliver & Siemoneit, Andreas, 2017. "Consistency and stability analysis of models of a monetary growth imperative," Ecological Economics, Elsevier, vol. 136(C), pages 114-125.
    3. Richters, Oliver & Siemoneit, Andreas, 2019. "Marktwirtschaft reparieren: Entwurf einer freiheitlichen, gerechten und nachhaltigen Utopie," EconStor Books, ZBW - Leibniz Information Centre for Economics, number 213814, July.
    4. Richters, Oliver & Siemoneit, Andreas, 2017. "Fear of stagnation? A review on growth imperatives," VÖÖ Discussion Papers 6/2017, Vereinigung für Ökologische Ökonomie e.V. (VÖÖ).
    5. Richters, Oliver & Siemoneit, Andreas, 2017. "Wachstumszwänge: Ressourcenverbrauch und Akkumulation als Wettbewerbsverzerrungen," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, pages 169-182.
    6. Richters, Oliver & Siemoneit, Andreas, 2019. "Growth imperatives: Substantiating a contested concept," Structural Change and Economic Dynamics, Elsevier, vol. 51(C), pages 126-137.
    7. Siemoneit, Andreas, 2017. "Effizienzkonsum: Produktivitätssteigerung als Beschreibungsrahmen bestimmter Konsum-Entscheidungen," VÖÖ Discussion Papers 3/2017, Vereinigung für Ökologische Ökonomie e.V. (VÖÖ).
    8. Siemoneit, Andreas, 2019. "An offer you can't refuse: Enhancing personal productivity through ‘efficiency consumption’," Technology in Society, Elsevier, vol. 59(C).

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    More about this item

    Keywords

    economic growth; growth imperative; social coercion; cultural drivers of growth; conspicuous consumption; Wirtschaftswachstum; Wachstumszwang; gesellschaftlicher Zwang; kulturelle Wachstumstreiber; Geltungskonsum;
    All these keywords.

    JEL classification:

    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • O44 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Environment and Growth
    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values

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