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The World of Goods

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TLDR
The World of Goods as mentioned in this paper is a classic of economic anthropology whose insights remain compelling and urgent, arguing that poverty is caused as much by the erosion of local communities and networks as it is by lack of possessions and contrast small-scale with large-scale consumption in the household.
Abstract
It is well-understood that the consumption of goods plays an important, symbolic role in the way human beings communicate, create identity, and establish relationships. What is less well-known is that the pattern of their flow shapes society in fundamental ways. In this book the renowned anthropologist Mary Douglas and economist Baron Isherwood overturn arguments about consumption that rely on received economic and psychological explanations. They ask new questions about why people save, why they spend, what they buy, and why they sometimes-but not always-make fine distinctions about quality. Instead of regarding consumption as a private means of satisfying one’s preferences, they show how goods are a vital information system, used by human beings to fulfill their intentions towards one another. They also consider the implications of the social role of goods for a new vision for social policy, arguing that poverty is caused as much by the erosion of local communities and networks as it is by lack of possessions, and contrast small-scale with large-scale consumption in the household. A radical rethinking of consumerism, inequality and social capital, The World of Goods is a classic of economic anthropology whose insights remain compelling and urgent. This Routledge Classics edition includes a new foreword by Richard Wilk. "Forget that commodities are good for eating, clothing, and shelter; forget their usefulness and try instead the idea that commodities are good for thinking." – Mary Douglas and Baron Isherwood

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Honestly, why are you driving a BMW?

TL;DR: In this paper, the authors proposed that people derive utility not only from goods or their attributes as in standard models, but also from their self-image as influenced by their own perception of their preferences, and that most respondents considered their own concern for status when purchasing a car to be minor in comparison with the status concerns of others.
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Rule Enforcement without Visible Means: Christmas Gift Giving in Middletown'

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The contribution of rational choice theory to macrosociological research

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The Paradox of Social Class and Sports Involvement The Roles of Cultural and Economic Capital

TL;DR: The authors found that those who are richer in cultural capital are more likely to be involved in sports, while those richer in economic capital are less likely to participate in sports and that cultural capital has no bearing on sports involvement.
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Economics of Social Capital

TL;DR: In this paper, the authors study the various contexts in which the promises people make to one another are credible and then suggest that the accumulation of social capital is a possible route to creating such a context.