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Record Nr. |
UNINA9910463030703321 |
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Autore |
Korkotsides Anastasios S. <1950-, > |
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Titolo |
Against utility-based economics : on a life-based approach / / Anastasios S. Korkotsides |
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Pubbl/distr/stampa |
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New York : , : Routledge, , 2013 |
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ISBN |
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0-203-74247-8 |
1-135-00973-2 |
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Descrizione fisica |
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1 online resource (297 p.) |
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Collana |
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Routledge frontiers of political economy ; ; 173 |
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Disciplina |
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Soggetti |
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Utility theory |
Value |
Economics |
Electronic books. |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Description based upon print version of record. |
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Nota di bibliografia |
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Includes bibliographical references and index. |
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Nota di contenuto |
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pt. 1. The beast -- pt. 2. Its measurable footprint. |
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Sommario/riassunto |
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<P></P><P>Utility-based theory and the fallback choice-theoretic framework are shown to be biased, irremediably flawed and misleading. A radically different theory of value and of consumer behaviour is proposed based on existential interpretations of scarcity, value and self-interest. For self-conscious mortals, only time is scarce. All other is derivative scarcity. Value is in the life, as a knowledge extract of time, which goes into commodities as direct human labour and depreciated capital, through their production. By structuring their preferences, consumers try to confiscate more of such |
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