TITLE:
Economic Aspects of Omnipotence
AUTHORS:
Francisco Carlos Ribeiro
KEYWORDS:
Omnipotence, Ostentation, Commodity Fetishism, Historical Materialism, Culture, Conspicuous Consumption
JOURNAL NAME:
Theoretical Economics Letters,
Vol.4 No.3,
April
3,
2014
ABSTRACT: This article purposes that omnipotence feelings are the best issue to explain the relationship between ostentation and socio-economic behavior. According to my propositions, we would better comprehend the mechanisms of ostentation in our society, and its consequences not only to the economy, but also to income redistribution initiatives, if we understand the interaction among omnipotence, commodity fetishism concepts and cultural values. The article also purposes in this direction, to measure the commodity fetishism degree as a valuable tool for economics.