Loading…
Against utility-based economics : on a life-based approach /
Utility-based theory and the fallback choice-theoretic framework are shown to be biased, irremediably flawed and misleading. A radically different theory of value and of consumer behaviour is proposed based on existential interpretations of scarcity, value and self-interest. For self-conscious morta...
| Call Number: | Libro Electrónico |
|---|---|
| Main Author: | |
| Format: | Electronic eBook |
| Language: | Inglés |
| Published: |
Milton Park, Abingdon, Oxon :
Routledge,
2013.
|
| Series: | Routledge frontiers of political economy ;
173. |
| Subjects: | |
| Online Access: | Texto completo |
| Summary: | Utility-based theory and the fallback choice-theoretic framework are shown to be biased, irremediably flawed and misleading. A radically different theory of value and of consumer behaviour is proposed based on existential interpretations of scarcity, value and self-interest. For self-conscious mortals, only time is scarce. All other is derivative scarcity. Value is in the life, as a knowledge extract of time, which goes into commodities as direct human labour and depreciated capital, through their production. By structuring their preferences, consumers try to confiscate more of such. |
|---|---|
| Physical Description: | 1 online resource (xxiii, 272 pages) : illustrations |
| Bibliography: | Includes bibliographical references and index. |
| ISBN: | 1135009732 9781135009731 9780203742471 0203742478 |