The word ‘consumerism’ is one that elicits immediate response. Critics of consumerism can be found among all political allegiances, every religious faith and within most fields of ethical inquiry. However, it is not immediately clear that there is a consensus about how consumerism functions in society. Consumerism is often portrayed as simply an ideology or a belief system. Read more…
Archive for March, 2009
10 MarCapitalism, Choice, and Freedom
Whereas the average undergraduate textbook might define economics by mentioning the production, consumption and distribution of goods and services, the Nobel-prize winning economist Robert Mundell more accurately defines modern economics as the ‘science of choice.’ For the economist, the defining anthropological act is choice.