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Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Moral Markets: How Knowledge and Affluence Change Consumers and Products

Moral Markets: How Knowledge and Affluence Change Consumers and Products

Hardcover

Business GeneralEconomicsInvesting & Finance

ISBN10: 1594514569
ISBN13: 9781594514562
Publisher: Paradigm Publ
Published: Dec 1 2007
Pages: 288
Weight: 1.14
Height: 0.79 Width: 6.47 Depth: 9.29
Language: English
Nothing affects modern society more than the decisions made in the marketplace, especially (but not only) the judgments of consumers. Stehr's designation of a new stage in modern societies with the term moral markets signals a further development in the social evolution of markets. Market theories still widely in use today emerged in a society that no longer exists. Consumers were hardly in evidence at all in early theories of the market. Today, growing affluence, greater knowledge, and high-speed communication among consumers builds into the marketplace notions of fairness, solidarity, environment, health, and political considerations imbued with a long-term perspective that can disrupt short-term pursuits of the best buy. Importantly, such social goals, individual apprehensions, and modes of consumer conduct become inscribed today in products and services offered in the marketplace, as well as in the rules and regulations that govern market relations. Stehr uses examples to illustrate these trends and build new theory fitting today's changing consumerism.

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