Ethics, Politics, And Nonsatiation In Consumption: A Synthesis
In contrast with the production of goods and services by firms, where the production costs are minimized under appropriate behavioral assumptions, consumer- producers have as objective the maximization of consumption expenditure, i.e., production costs of their outputs. According to Kenneth Boulding, were the impact upon the limited resources available on planet Earth taken into account, consumption expenditure should be something to be minimized. Thus, either we abandon consumer theory, as we know it, or we keep it as a reasonable description of reality. Then we should evaluate the long run consequences of such behavior in a larger context, which, as the consequence of larger population with increasing per capita consumption, comprises the overburdening of natural resources. When we decompose the time horizon of cultural evolution into shorter periods of adjustment, we may distinguish several types of institutional determination of how societies take decisions, as a group and individually. The postulate of maximizing consumption is reasonable for an aggregate approach. It simply reflects the predominant ethical values, of which ideologies, political platforms, and demand patterns are shorter run adjustments.
|Date of creation:||2005|
|Date of revision:|
|Contact details of provider:|| Postal: Secretaria da ANPEC Rua Prof Marcos Valdemar de Freitas Reis s/n Campus do Gragoatá Bloco F Niterói, RJ 24210-201 Brazil|
Phone: 55 21 3674 7952
Web page: http://www.anpec.org.br
More information through EDIRC
|Order Information:|| Postal: Secretaria da ANPEC Rua Prof Marcos Valdemar de Freitas Reis s/n Campus do Gragoatá Bloco F Niterói, RJ 24210-201 Brazil|
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.:
- Dasgupta, Partha, 1998. "Population, consumption and resources: Ethical issues," Ecological Economics, Elsevier, vol. 24(2-3), pages 139-152, February.
- Ruttan, Vernon W, 1988.
"Cultural Endowments and Economic Development: What Can We Learn from Anthropology?,"
Economic Development and Cultural Change,
University of Chicago Press, vol. 36(3), pages S247-71, Supplemen.
- Ruttan, Vernon W., 1986. "Cultural Endowments and Economic Development: What Can We Learn from Anthropology?," Bulletins 7505, University of Minnesota, Economic Development Center.
- Georgescu-Roegen, Nicholas, 1988. "Closing Remarks: About Economic Growth--A Variation on a Theme by David Hilbert," Economic Development and Cultural Change, University of Chicago Press, vol. 36(3), pages S291-307, Supplemen.
- Norton, Bryan & Costanza, Robert & Bishop, Richard C., 1998. "The evolution of preferences: Why 'sovereign' preferences may not lead to sustainable policies and what to do about it," Ecological Economics, Elsevier, vol. 24(2-3), pages 193-211, February.
- Sandler,Todd, 2004.
"Global Collective Action,"
Cambridge University Press, number 9780521542548, june. pag.
- Alan P. Kirman, 1992. "Whom or What Does the Representative Individual Represent?," Journal of Economic Perspectives, American Economic Association, vol. 6(2), pages 117-136, Spring.
- Lintott, John, 1998. "Beyond the economics of more: the place of consumption in ecological economics," Ecological Economics, Elsevier, vol. 25(3), pages 239-248, June.
- Magee, Stephen P, 1993. "Bioeconomics and the Survival Model: The Economic Lessons of Evolutionary Biology," Public Choice, Springer, vol. 77(1), pages 117-32, September.
- Gary J. Miller, 1997. "The Impact of Economics on Contemporary Political Science," Journal of Economic Literature, American Economic Association, vol. 35(3), pages 1173-1204, September.
- Samuelson, Paul A, 1985. "Modes of Thought in Economics and Biology," American Economic Review, American Economic Association, vol. 75(2), pages 166-72, May.
- Foley, Duncan K., 2000. "Stabilization of human population through economic increasing returns," Economics Letters, Elsevier, vol. 68(3), pages 309-317, September.
- Khalil, Elias L., 1998. "The five careers of the biological metaphor in economic theory," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 27(1), pages 29-52.
- Brander, James A & Taylor, M Scott, 1998. "The Simple Economics of Easter Island: A Ricardo-Malthus Model of Renewable Resource Use," American Economic Review, American Economic Association, vol. 88(1), pages 119-38, March.
- Michael Kremer, 1993. "Population Growth and Technological Change: One Million B.C. to 1990," The Quarterly Journal of Economics, Oxford University Press, vol. 108(3), pages 681-716.
- Wagner, Ulrich J, 2001. " The Design of Stable International Environmental Agreements: Economic Theory and Political Economy," Journal of Economic Surveys, Wiley Blackwell, vol. 15(3), pages 377-411, July.
- Geoffrey M. Hodgson, 1998. "The Approach of Institutional Economics," Journal of Economic Literature, American Economic Association, vol. 36(1), pages 166-192, March.
- Mayumi, Kozo & Giampietro, Mario & Gowdy, John M., 1998. "Georgescu-Roegen/Daly versus Solow/Stiglitz Revisited," Ecological Economics, Elsevier, vol. 27(2), pages 115-117, November.
When requesting a correction, please mention this item's handle: RePEc:anp:en2005:136. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Rodrigo Zadra Armond)
If references are entirely missing, you can add them using this form.