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Why Do People Work? Individual Wants Versus Common Goods

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  • Helena Lopes

Abstract

Empirical evidence strongly suggests that something other than pay is sought in work. By emphasizing consumption over production, the worker as a producer was eclipsed by mainstream economics and replaced by the worker as a consumer. The analysis of the relational dimension of work life was also discarded. We argue that the decision to work and behavior at work is very much driven by the search for relational goods and moral goods, defined as intangible entities that emerge from social interactions. The "goodness" of relational and moral goods stems from their being commonly shared. Two properties of both goods — commonality and immanence-in-action — rule out the possibility of their being captured in a utility maximizing framework.

Suggested Citation

  • Helena Lopes, 2011. "Why Do People Work? Individual Wants Versus Common Goods," Journal of Economic Issues, Taylor & Francis Journals, vol. 45(1), pages 57-74.
  • Handle: RePEc:mes:jeciss:v:45:y:2011:i:1:p:57-74
    DOI: 10.2753/JEI0021-3624450104
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    Cited by:

    1. Ferrandino Vittoria & Sgro Valentina, 2020. "Monetary Policy in Argentina from the Inflation of the 1970s to the Default of the New Millennium," European Journal of Economics and Business Studies Articles, Revistia Research and Publishing, vol. 6, September.
    2. Helena Lopes & Sérgio Lagoa & Ana C Santos, 2019. "Work conditions and financial difficulties in post-crisis Europe: Utility versus quality of working life," The Economic and Labour Relations Review, , vol. 30(1), pages 39-58, March.
    3. Mann, Stefan, 2013. "“Work”? On utility in the market and in the unpaid sphere," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 45(C), pages 86-91.
    4. Mevlut Tatliyer & Nurullah Gur, 2022. "Individualism and Working Hours: Macro-Level Evidence," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 159(2), pages 733-755, January.

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