The design of new policies in the global economy and society: The case of star markets and cultural change
This paper summarizes the alternative policy paths that can be followed for the correction of economic, social and cultural problems associated with the emergence of the phenomenon of star markets and excess consumption in developed economies. The phenomenon of star markets is relatively new but has received considerable attention lately since it is exacerbated by the spread of processes associated with globalization. The analysis is conducted in terms of an interdisciplinary framework that spans from Economics to Anthropology and of an attempt to bridge American pragmatism with European radical accounts of the phenomenon. I conclude that if redistribution policies are followed, there is a potential for a welfare benefit of cultural change across different classes of the population.
|Date of creation:||31 Dec 2003|
|Contact details of provider:|| Postal: Ludwigstraße 33, D-80539 Munich, Germany|
Web page: https://mpra.ub.uni-muenchen.de
More information through EDIRC
References listed on IDEAS
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.:
- R. Glenn Hubbard & Jonathan S. Skinner, 1996. "Assessing the Effectiveness of Saving Incentives," Books, American Enterprise Institute, number 53540.
- Veblen, Thorstein, 1899. "The Theory of the Leisure Class," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, number veblen1899.
When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:38422. 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: (Joachim Winter)
If references are entirely missing, you can add them using this form.