By E. Comor
This volumes examines commodity intake either as an ongoing challenge for capital and a posh mediator of the post-Cold battle political economic system. Comor assesses intake as a center yet contradictory nodal aspect in modern international (dis)order advancements arguing that capitalist consumption--as a political, monetary and sociological institution--facilitates efforts to rule via consent. despite the fact that, due to its constitutive impact, intake additionally mediates how vested pursuits (e.g., the yankee kingdom and its rivals) conceptualize fascinating, possible, and that you can think of recommendations.
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Additional resources for Consumption and the Globalization Project: International Hegemony and the Annihilation of Time (International Political Economy)
And in ... [capitalist] society the power to do what you want, when you want, how you want, requires money. ’35 The widespread refusal or inability to participate in this pecuniary world would constitute the death knell of capitalism. Without rule abiding, paying consumers and, by extension, without private property itself, there would be little reason to sell one’s labour for a wage. Indeed, a broad range of institutionalized nodes of participation and, thus, media perpetuating system operability and legitimacy – from property rights to voting to free speech – entail rules, norms and codes of conduct.
Of course, in the contemporary world, advertisers and marketers are key agents shaping these pursuits and their interests or, more generally, the interests of their clients (mostly corporations), are squarely aligned with the promotion of evermore consumption. 11 The recent history of China’s turn to capitalism is an example of the often problematic nature and implications of establishing the institution of capitalist consumption and its subsequent mediation of power. In about 1979, socialist principles related to both production and consumption were radically reformed.
The fact that the insatiable and increasingly debt-laden consumer is a social construction (and one that tends to be self-perpetuating) is affirmed by the fact that, in the United States at least, the average credit card debt among young adults (people 25–34 years old) increased 55 per cent between 1992 and 2001. 23 The capitalist dynamic and the mediation of change Consumption’s saliency stems less from its functional importance for capital than its status as a dynamic kind of cultural mooring.