Consumption between Market and Morals
A Socio-cultural Consideration of Moralized Markets
Bibliographic Data
| ID | 2397867 |
|---|---|
| Authors | N Stehr (0000-0002-4402-9679, Zeppelin Universität gemeinnützige GmbH, corresponding author), Marian Adolf (0000-0002-0608-2882, Zeppelin University, Friedrichshafen, Germany) |
| Year | 2010 |
| Volume | 13 |
| Issue | 2 |
| Pages | 213-228 |
| Publication date | 2010-05-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | European Journal of Social Theory (JOURNAL) |
| Journal identifiers | ISSN: 1368-4310 • E-ISSN: 1461-7137 |
| Publisher | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1177/1368431010362287 |
| OpenAlex | W2034166750 |
| Language | EN |
| Citations received | 7 |
| References cited | 14 |
At a time when the formerly strictly separated roles of citizen and consumer are arguably blurry, and when once powerful social institutions increasingly must yield to new social forces based on heightened knowledgeability and historically unprecedented wealth, it is likely that the economy of modern society is also subject to implicit changes. In this article, we argue that traditional theories of the market are increasingly losing their basis for analysing economic relationships as purely rational acts of exchange and utility maximization. Instead, what can be witnessed is an increase in the influence of values and norms on markets, guiding our attention to how deeply embedded economic action is in modern culture. We put forward the idea of a moralization of markets, which has begun to change our conceptions and theories regarding what is at stake in a modern economy fundamentally. We conclude that in the future, production processes and standards, codes of conduct and consumer reasoning will become all the more important for doing business in Western knowledge societies
Economics · Epistemology · Invisible hand · Microeconomics · Neoclassical economics · Political science · Positive economics · Rationality · Social science · Sociology · Economic Theory and Institutions · Law · Political Economy and Marxism · Weber, Simmel, Sociological Theory
The general theory of employment, interest, and money
Lifestyle Shopping
The General Theory of Employment
The Fragility of Modern Societies
Consumer Culture
Consumer Culture and Postmodernism
De gustibus disputandum est
Die zweidimensionale Gesellschaft
Market and Democracy—Obliquely
The new economy
Consumer Culture and Postmodernism
| Unique citing works | 7 |
|---|---|
| Citations per year | 0,5 |
| Citation span | 2012 - 2024 (13) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 7 |