POLS 3790 Lecture Notes - Lecture 18: Ecological Footprint, Environmentalism, Ecological Collapse
Document Summary
2:32 pm: thorstein veblem, conspicuous consumption, pecuniary emulation. Copy the behaviours of people that are richer than you through conspicuous consumption: economic sabotage. Companies sabotage their productivity to capture markets and advance markets. Avoiding flooding the market: theory of the leisure class. The length to which wealthy individuals went to show that they weren"t doing anything productive: john kenneth galbraith, the concept of conventional wisdom. Wisdom that is no longer relevant, widely accepted. Politics and economics being one, neoclassical economics is conventional wisdom: countervailing power. Opposing the concept of power: management power. All about planning: the "myth" of "consumer sovereignty" Our preferences are actively constructed by companies that plan how much they are going to sell and how much they are going to sell for. Globalization as a phenomenon that compounds the ecological impact of more than 200000 people being added to the planet every single day. Enlarges ecological footprint of every person on the planet.