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tsuomela : consumption   24

Collaborative consumption is dead, long live the real sharing economy | PandoDailyPandoDaily
"This is where the real sharing economy comes in. It is more than just VC-backed Internet startups. It’s a tectonic shift in how the economy works. As society changes from a top-down factory model of organization to a peer-to-peer network model, how we produce, consume, and interact will be radically transformed. At its simplest, the sharing economy is the decentralization of economic power brought on by new technology, new and revived business models, and massive social change. It’s made up of thousands of innovations, some for profit, some nonprofit, and some that thrive in the commons. If we can avert our collective gaze from our latest technology gadgets for a second, we might be able to see the real sharing economy, the one driven by values and tested by time. "
sharing  commons  economics  business-model  community  collaboration  consumption  via:vaguery 
march 2013 by tsuomela
Useless Labor and Production of the Self < PopMatters
This whole set-up, in turn, fuels the view that narcissism and hipsterism are increasing society-wide, since self-production in the mode of marketing copy (developing the personal brand) is more and more what people do, if not for a living, then simply to appear, to be socially relevant.
self-presentation  production  self  online  culture  technology  capitalism  consumerism  consumption  labor  society 
march 2011 by tsuomela
SSRN-And Action: TV Sentiment and the US Consumer by Matthias Uhl
The average American watches over five hours of television per day. We test whether sentiment in TV news shows influences the ordinary consumer in the US, and whether the University of Michigan Index of Consumer Sentiment is better at explaining changes in private consumption than TV news sentiment. TV news sentiment, we find, can better explain the consumption behavior of US households, especially when combined with personal income and savings.
paper  media-effects  media  economics  measurement  consumer  consumption 
november 2010 by tsuomela
F*ck the Laffer Curve – Individual Vs. Social Consumption « The Realignment Project
In other words, the Laffer Curve doesn’t necessarily bend at all. Instead, as we move from left to right on the X axis, tax revenue might increase or hold steady, and the only thing that shifts is the distribution of income between the individual consumption of consumer goods from wage income (i.e, the “market wage”) to the social consumption of collective goods ( i.e, the “social wage”).
economics  government  spending  fiscal-policy  jobs  employment  consumption  taxes  laffer-curve  work 
october 2010 by tsuomela
The Persistence of Poverty - Karelis, Charles - Yale University Press
In this important book, one of our boldest and most original thinkers charges that conventional explanations of poverty are mistaken, and that the anti-poverty policies built upon them are doomed to fail. Using science, history, fables, philosophical analysis, and common observation, Charles Karelis engages us and takes us to a deeper grasp of the link between consumption and satisfaction—and from there to a new and persuasive explanation of what keeps poor people poor. Above all, he shows how this fresh perspective can reinspire the long-stalled campaign against poverty.
book  publisher  poverty  economics  utility  philosophy  theory  consumption  class  policy 
december 2009 by tsuomela
Built to Trash -- In These Times
Cooper argues for “product life extension”—making things more durable, using them properly, and ensuring they are maintained, repaired, upgraded, and reused. A key obstacle, he says, is the perception (supported by public policies) that higher levels of consumption yield greater happiness.
consumerism  consumption  environment  sustainability  manufacturing  business  reuse 
october 2009 by tsuomela » The Health Care Crisis Few of Us Recognize
This is something new in human history – an economy “in need of need,” as John McKnight of Northwestern University has put it. We can never overcome poverty, among other things, because our economic logic requires us constantly to reinvent it. In terms of policy, we are in a no-man’s-land. The old maps don’t work because they don’t even recognize the problem. Liberal and conservative nostrums have become, basically, different routes to an outdated end.
economics  consumerism  consumption  health-care 
october 2009 by tsuomela
Notes on This Week’s Column: A New Consumer?: The Balance Sheet : The New Yorker
as Elizabeth Warren has argued, the idea that most Americans have been spending frivolously on consumer goods actually isn’t true. Instead, a hefty chunk of the increase in consumption in recent decades has been the result of higher housing prices, the rising cost of medical care, more spending on education, and childcare.
economics  consumption  spending  debt  consumer  behavior  frugal 
october 2009 by tsuomela
Down the O-Hole: why the present administration's plans lead to catastrophe (and there isn't anything you can do about it.) | The Agonist
But each bubble relies upon the anti-bubble. The anti-bubble is the process of selling pain to the ordinary public, and shearing them of present real wages, while propping up present real consumption. The key then is to increase the public's marginal propensity to consume, while decreasing their income. The way this has been done is to make promises about future returns which were impossible, and to create the incentive to rely on impossible returns: the "Social Security Surplus," 401k plans, pensions, and housing values. In each case, as the cliche goes, Lucy pulls the football away.
economics  obama  policy  america  crisis  bubble  taxes  consumption 
january 2009 by tsuomela
Persuasion industry’s assault on personhood | Marginal Utility | PopMatters
But Frankfurt’s essay seems also to have a bearing on the larger question of how the persuasion industry (marketing, advertising, and to some degree, entertainment) scuttles our sense of selfhood, which, Frankfurt argues, hinges on our expression of will. The persuasion industry is seeking always to confuse the communication between our first- and second-order desires
advertising  propaganda  capitalism  consumerism  consumption  psychology  persuasion  philosophy  ethics  morality 
january 2009 by tsuomela
Federal Reserve Bank: Survey of Consumer Finances
The Survey of Consumer Finances (SCF) is a triennial survey of the balance sheet, pension, income, and other demographic characteristics of U.S. families. The survey also gathers information on the use of financial institutions. The links to the surveys provide summary results, codebooks and other documentation, and the publicly available data.
government  data  economics  survey  income  demography  america  federal  consumption  behavior  money 
december 2008 by tsuomela

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