By NA NA, Luigino Bruni
We needs to fast the way to reside good on this planet because it is this day, together with the world of labor. we have to examine a brand new vocabulary of economics and markets that's superior to appreciate the current global and that's more likely to provide us the instruments to behave, and maybe increase it to boot.
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Additional info for A Lexicon of Social Well-Being
The logic of positional goods negates the true civil nature of the market, which is not a sports competition, but is for mutual benefit (Adam Smith) and mutual assistance (Antonio Genovesi). 0009 28 A Lexicon of Social Well-Being Finally, in the Latin countries where the archaic cultures of “shame” and “make a good impression” are still very much alive, we fall more easily into these positional traps. As first demonstrated by Amintore Fanfani (a notable economic historian), in predominantly Catholic and communitarian societies people tend to compete by consuming, while in the northern, Protestant and individualistic societies they compete mainly by producing and working.
True esteem is not a commodifiable good. However, the capitalist market is aware of the unquenched hunger for esteem in the world and strives to provide goods as a substitute for it. These goods are mainly “positional goods,” that is, goods we purchase in order to meet our need for attention, recognition, distinction, and ultimately esteem from others. The pursuit of positional goods has existed in all societies. However, these goods are now invading our individualistic, solitary society, and we rely on such goods, through the language of conspicuous consumption, to convey to others who we are, lacking a more articulate way to communicate this.
The free use of Wi-Fi networks in our cities, stations, and airports is in worrying decrease. History from the Roman Empire to the late Renaissance tells us that societies progress when people direct their competitive and antagonistic nature into production and labor; they start degrading and fall into poverty traps when they compete mainly in consumption and rents that make consumption possible without having worked for it. Whenever we work better or more to express who we are and how we want to be valued, the social dynamic produces prosperity for all.
A Lexicon of Social Well-Being by NA NA, Luigino Bruni