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The sociology of distinction, superiority and deprivation

In: The Political Economy of Status

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Abstract

In this timely book Theodore Koutsobinas explores the system of status markets and their social effects including inequality. He explains how media fascination with superstars and luxury consumption goods amplify positional concerns for all, distort the aspirations of the middle class and cause relative deprivation. Building on themes first identified by Veblen and Galbraith, Koutsobinas analyses extensively the behavioural evidence from modern interdisciplinary research and contributes constructively to a new genre of economic analysis. The Political Economy of Status compels us to consider seriously redistributive culture change policies targeted to assist the underprivileged. This book will be a valuable and lively reading resource for academics in various fields including economic theory, political economy, sociology, social psychology and cultural studies.

Suggested Citation

  • ., 2014. "The sociology of distinction, superiority and deprivation," Chapters, in: The Political Economy of Status, chapter 6, pages 106-124, Edward Elgar Publishing.
  • Handle: RePEc:elg:eechap:15915_6
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