Consumption, Veblen and Teleology

Authors

  • Alexandru Trifu Petre Andrei University of Iasi, Romania

DOI:

https://doi.org/10.18662/mjesp/6.1/38

Keywords:

Veblen, teleology, economic goods, consumption, tactics

Abstract

In fact, this paper is following to present the work of Thorstein Bunde Veblen unifying the two other terms, as an early brick to the economic theory, influencing the becoming of the economic theory and practice.

Starting from Veblen’s key idea and special approach of teleology, in economics particularly, we’ve chosen as example of a final and determined thing/aspect the act of consumption. That is in the Veblenian sense, of conspicuous consumption, and the consumption as general human and economic activity.

Using synthesis of all theoretical and practical sources, the result of the paper is that one of consumption, even luxury, which takes into account the constraints of nowadays phenomena and activities around the world. Furthermore, the economic theory must be tacticized, based exactly on these challenges and influences both from interior of economic and social systems and from the external environment.

Author Biography

Alexandru Trifu, Petre Andrei University of Iasi, Romania

Prof. PhD Alexandru Trifu, Petre Andrei University of Iasi, Romania

References

Arildsen, M., & Little, J. (2013). Economic Teleology. Academia.edu. https://www.academia.edu/2392175/Economic_Teleology

Dictionary. (n.d.). Encyclopedia Britannica. http://www.merriam-webster.com/

Dudovskiy, J. (n.d.). Maslow’s Hierarchy of Needs Revisited. Bussiness Research Methodology. https://research-methodology.net/maslows-hierarchy-of-needs-revisited/

Hayes, A. (2022). Engel’s Law. Investopedia. https://www.investopedia.com/terms/e/engels-law.asp

Apostu, I., & Petrescu, C. (2017). Bărbatul şi femeia: imaginea unei polemici cu privire la echitatea de gen [The man and the woman: the image of a polemic regarding gender equity]. Lumen Publishing House.

Barbu, D. (2019). Controversies Regarding The Timing And Manner Of Constituting A Civil Party In The Criminal Case. Valahia University Law Study, 34(2), 57-63. http://www.analefsj.ro/ro/reviste/numarul34/nr34.pdf#page=57

Huidu, A. (2019). The Ethics of Embrionic Stem Cells Research: The Human Being in the Early Stages of Development – A “Medicine” or an End in Itself?. In A. Sandu, A. Frunză, & E. Unguru, (eds.), Ethics in Research Practice and Innovation (pp.244-263). IGI GLOBAL. https://doi.org/10.4018/978-1-5225-6310-5.ch013

Apostu, I. (2016). The two dimensions of infidelity. Postmodern Openings, 7(2), 167-178. http://dx.doi.org/10.18662/po/2016.0702.11

Barbu, D. (2016). The principle of separation of judicial functions. LESIJ - Lex ET Scientia International Journal, XXIII(1), 145-149. http://lexetscientia.univnt.ro/download/566_LESIJ_XXIII_1_2016_art.013.pdf

Terec-Vlad, L. (2015). What about Eternal Life? A Transhumanist Perspective. Postmodern Openings, 6(2), 33-41. http://dx.doi.org/10.18662/po/2015.0602.03

McLeod, S. (2022). Maslow’s Hierarchy of Needs. Symply Psychology. https://www.simplypsychology.org/maslow.html

Rothschild, E. (1994). Adam Smith and the Invisible Hand. The American Economic Review, Papers and Proceedings of the Hundred and Sixth Annual Meeting of the American Economic Association (May, 1994), 84(2), 319-322. https://www.jstor.org/stable/2117851

Galeș, N., Florea, D., & Terec-Vlad, L. (2019). Jurisdictional Means of Resolving International Conflicts. European Journal of Law and Public Administration, 6(2), 223-235. https://doi.org/10.18662/eljpa/99

Schiffmann, L. G., & Kanuk, L. L. (1994). Consumer bahavior (5th edition). Prentice Hall.

Toffler, A. (ed.), (2022). Future Shock. Ballentine Books.

Veblen, T. (1899). The Theory of the Leisure Class. Lawcolumbia.edu. http://moglen.law.columbia.edu/LCS/theoryleisureclass.pdf

Wesson, J. P. (1998). The Teleological Impulse: Thorstein Veblen, yhr Philosophy of Science, and Existentialism. Method and Hist of Econ Thought 9808002, University Library of Munich, Germany. https://econwpa.ub.uni-muenchen.de/econ-wp/mhet/papers/9808/9808002.pdf

Downloads

Published

2023-01-10

How to Cite

Trifu, A. (2023). Consumption, Veblen and Teleology. Moldavian Journal for Education and Social Psychology, 6(1), 54-62. https://doi.org/10.18662/mjesp/6.1/38