Inequality, Social Respectability, Political Power, and Environmental Devastation
Although 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. This article explores the manner in which inequality augments 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 through 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 most harmed by measures to protect the environment.
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References listed on IDEAS
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- Samuel Bowles & Yongjin Park, 2004.
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UMASS Amherst Economics Working Papers
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- Samuel Bowles & Yongjin Park, 2005. "Emulation, Inequality, and Work Hours: Was Thorsten Veblen Right?," Economic Journal, Royal Economic Society, vol. 115(507), pages F397-F412, November.
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- Torras, Mariano & Boyce, James K., 1998. "Income, inequality, and pollution: a reassessment of the environmental Kuznets Curve," Ecological Economics, Elsevier, vol. 25(2), pages 147-160, May.
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