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Lauding the Leisure Class

Symbolic Content and Conspicuous Consumption

Bibliographic Data

ID9256118
AuthorsAlan Shipman (0000-0002-7126-5466, corresponding author)
Year2004
Volume62
Issue3
Pages277-289
Publication date2004-09-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueReview of Social Economy (JOURNAL)
Journal identifiersISSN: 0034-6764 • E-ISSN: 1470-1162
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/0034676042000253909
OpenAlexW1996806575
LanguageEN
Citations received22
References cited18

Symbolic consumption is assessed as an evolution of previously identified conspicuous consumption, after this has undergone a “de-materialization” that is socially, as much as ecologically, driven. As Veblen observed, the shift of wealth towards new forms of physical and financial capital with industrialization compels traditional wealth-holders to redefine privilege in terms of cultural capital. Accompanying social changes enable them to do so. The limited reproducibility of items consumed for their symbolic value, and slow transmissibility of the means of symbolic consumption, force holders of new wealth to compete for status on terms set by the established leisure class. Conspicuity shifts from quantity to quality, from the appropriation of materially valued products to the appreciation of culturally valued products. This paper examines some key implications of a shift from “waste” to “taste” in conspicuous consumption for the social and natural environment, and for economic development. In particular, it explores the possibility of branded products representing the mass production of symbolic goods in high-income economies; and the brand premium's potentially beneficial consequences for global income distribution, when branded production relocates to lower-income economies in conditions of free trade

Appropriation · Conspicuous consumption · Consumption (sociology) · Economics · Economy · Market economy · Neoclassical economics · Social science · Sociology · Taste · Veblen good · Social and Cultural Dynamics

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Unique citing works22
Citations per year1,1
Citation span2006 - 2025 (20)
Citation velocityrecent
Highly citedNo
Citation typesNeutral: 22

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