Conspicuous Conservation
Conspicuous conservation describes consumers who purchase environmentally friendly products in order to signal a higher social status. Origins The term is derived from the term "conspicuous consumption," coined by economist and sociologist Thorstein Veblen in his 1899 book '' The Theory of the Leisure Class: An Economic Study in the Evolution of Institutions''. Veblen described certain sections of the '' nouveau riche'' who used their purchasing power to display prestige. The term "conspicuous conservation" was coined by University of Syracuse economics professor Seymour Sacks, in a private conversation. Experiments Between 2007 and 2009, psychology professors Vladas Griskevicius ( University of Minnesota), Joshua M. Tybur ( University of New Mexico), and Bram Van den Bergh ( Rotterdam School of Management) conducted a series of experiments investigating conspicuous conservation. In the resulting paper, ''Going Green to Be Seen: Status, Reputation, and Conspicuous Conserv ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Environmentally Friendly
Environment friendly processes, or environmental-friendly processes (also referred to as eco-friendly, nature-friendly, and green), are sustainability and marketing terms referring to goods and services, laws, guidelines and policies that claim reduced, minimal, or no harm upon ecosystems or the environment. Companies use these ambiguous terms to promote goods and services, sometimes with additional, more specific certifications, such as ecolabels. Their overuse can be referred to as greenwashing.Greenwashing Fact Sheet. 22 March 2001. Retrieved 14 November 2009. frocorpwatch.org/ref> To ensure the successful meeting of Sustainable Development Goals (SDGs) companies are advised to employ environmental friendly processes in their production. Specifically, Sustainable Development Goal 12 measures 11 targets and 13 indicators "to ensure sustainable consumption and production patterns". The International Organization for Standardization has developed ISO 14020 and ISO 14024 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Rotterdam School Of Management
Rotterdam School of Management, Erasmus University (or RSM) is the international business school of the Erasmus University Rotterdam located in Rotterdam, Netherlands. RSM offers undergraduate and postgraduate programmes taught mostly in English, including MBA, executive education, and PhD programmes. Rotterdam School of Management, Erasmus University is ranked among the best business schools in Europe, while ranked 1st worldwide according to the 2021 Shanghai Global Ranking of Academic Subjects in the category Business Administration. RSM is also a member of the Partnership in International Management (PIM) network, and hosts a diverse international student body. In 2013, RSM became part of the Alliance of European and Chinese Business Schools, which is under the patronage of the European Federation of Management Development. History Erasmus University The roots of RSM stretch back to the founding of Erasmus University as the Dutch School of Higher Commercial Education in 19 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Economics Of Sustainability
Economics () is the social science that studies the production, distribution, and consumption of goods and services. Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics analyzes what's viewed as basic elements in the economy, including individual agents and markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyzes the economy as a system where production, consumption, saving, and investment interact, and factors affecting it: employment of the resources of labour, capital, and land, currency inflation, economic growth, and public policies that have impact on these elements. Other broad distinctions within economics include those between positive economics, describing "what is", and normative economics, advocating "what ought to be"; between economic theory and applied economics; between rational ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Signalling Theory
Within evolutionary biology, signalling theory is a body of theoretical work examining communication between individuals, both within species and across species. The central question is when organisms with conflicting interests, such as in sexual selection, should be expected to provide honest signals (no presumption being made of conscious intention) rather than cheating. Mathematical models describe how signalling can contribute to an evolutionarily stable strategy. Signals are given in contexts such as mate selection by females, which subjects the advertising males' signals to selective pressure. Signals thus evolve because they modify the behaviour of the receiver to benefit the signaller. Signals may be honest, conveying information which usefully increases the fitness of the receiver, or dishonest. An individual can cheat by giving a dishonest signal, which might briefly benefit that signaller, at the risk of undermining the signalling system for the whole population. ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Sign Value
In sociology and in economics, the term sign value denotes and describes the value accorded to an object because of the prestige (social status) that it imparts upon the possessor, rather than the material value and utility derived from the function and the primary use of the object. For example, the buyer of a Rolls-Royce limousine might partly value the automobile as transport, yet might also value it as a sign that ''signifies'' his or her wealth to a particular community and to society in general. The automobile’s transport-function is primary, from which arises its use-value, whilst the social prestige function is secondary, from which arises its sign-value. The French sociologist Jean Baudrillard proposed the theory of sign value as a philosophic and economic counterpart to the dichotomy of exchange-value ''vs.'' use-value, which Karl Marx Karl Heinrich Marx (; 5 May 1818 – 14 March 1883) was a German philosopher, economist, historian, sociologist, political ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Anti-consumerism
Anti-consumerism is a sociopolitical ideology that is opposed to consumerism, the continual buying and consuming of material possessions. Anti-consumerism is concerned with the private actions of business corporations in pursuit of financial and economic goals at the expense of the public welfare, especially in matters of environmental protection, social stratification, and ethics in the governing of a society. In politics, anti-consumerism overlaps with environmental activism, anti-globalization, and animal-rights activism; moreover, a conceptual variation of anti-consumerism is '' post-consumerism'', living in a material way that transcends consumerism. Anti-consumerism arose in response to the problems caused by the long-term mistreatment of human consumers and of the animals consumed, and from the incorporation of consumer education to school curricula; examples of anti-consumerism are the book '' No Logo'' (2000) by Naomi Klein, and documentary films such as '' The Corpo ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Class Consciousness
In Marxism, class consciousness is the set of beliefs that a person holds regarding their social class or economic rank in society, the structure of their class, and their class interests. According to Karl Marx, it is an awareness that is key to sparking a revolution that would "create a dictatorship of the proletariat, transforming it from a wage-earning, property-less mass into the ruling class". Marxist theory While German theorist Karl Marx rarely used the term "class consciousness", he did make the distinction between "class in itself", which is defined as a category of people having a common relation to the means of production; and a "class for itself", which is defined as a stratum organized in active pursuit of its own interests. Defining a person's social class can be a determinant for their awareness of it. Marxists define classes on the basis of their relation to the means of production, especially on whether they own capital. Non-Marxist social scientists disting ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Conspicuous Leisure
Conspicuous leisure is a concept introduced by the American economist and sociologist Thorstein Veblen in '' The Theory of the Leisure Class'' (1899). Conspicuous or visible leisure is engaged in for the sake of displaying and attaining social status. The concept comprises those forms of leisure that seem to be fully motivated by social factors, such as taking long vacations to exotic places and bringing souvenirs back. Conspicuous leisure is observed in all societies where stratification exists. Conspicuous leisure contributes to the glorification of non-productivity, thus validating the behavior of the most powerful classes and leading the lower classes to admire rather than revile the leisure class. This aids the leisure class in retaining their status and material position. Veblen's more well-known concept of "conspicuous consumption" is employed when non-productivity can be more effectively demonstrated through lavish spending. Veblen argued that conspicuous leisure had ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Virtue Signalling
Virtue signalling is the expression of a moral viewpoint with the intent of communicating good character. Definition "Virtue signalling", according to the '' Cambridge Dictionary'', is "an attempt to show other people that you are a good person, for example by expressing opinions that will be acceptable to them, especially on social media". The expression is often used to imply that the virtue being signalled is exaggerated or insincere. One example often cited as virtue signalling is " greenwashing" (a compound word modelled on " whitewash"), when a company deceptively claims that its products or policies are more environmentally friendly than they actually are. History According to '' The Guardian'', the term has been used since at least 2004, appearing for example in religious academic works in 2010 and 2012. British journalist James Bartholomew claims to have originated the modern usage of the term "virtue signalling," in a 2015 ''Spectator'' article. His 2015 formulati ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Conspicuous Consumption
In sociology and in economics, the term conspicuous consumption describes and explains the consumer practice of buying and using goods of a higher quality, price, or in greater quantity than practical. In 1899, the sociologist Thorstein Veblen coined the term ''conspicuous consumption'' to explain the spending of money on and the acquiring of luxury commodities (goods and services) specifically as a public display of economic power—the income and the accumulated wealth—of the buyer. To the conspicuous consumer, the public display of discretionary income is an economic means of either attaining or of maintaining a given social status. The development of Veblen's sociology of conspicuous consumption also identified and described other economic behaviours such as invidious consumption, which is the ostentatious consumption of goods, an action meant to provoke the envy of other people; and conspicuous compassion, the ostentatious use of charity meant to enhance the reputa ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Altruism
Altruism is the moral principle, principle and moral courage, moral practice of concern for the welfare and/or happiness of other human kind, human beings or animals, resulting in a quality of life both material and spirituality, spiritual. It is a traditional virtue in many cultures and a core aspect of various religious and secular worldviews. However, the object(s) of concern vary among cultures and religions. In an extreme case, altruism may become a synonym of selflessness, which is the opposite of selfishness. The word "altruism" was popularized (and possibly coined) by the French philosopher Auguste Comte in French, as ''altruisme'', for an antonym of egoism. He derived it from the Italian ''altrui'', which in turn was derived from Latin ''alteri'', meaning "alterity, other people" or "somebody else". Altruism in Biology, biological observations in field populations of the day organisms is an individual performing an action which is at a cost to themselves (e.g., pleasu ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Costly Signal
The handicap principle is a hypothesis proposed by the biologist Amotz Zahavi to explain how evolution may lead to "honest" or reliable signalling between animals which have an obvious motivation to bluff or deceive each other. It suggests that costly signals must be reliable signals, costing the signaller something that could not be afforded by an individual with less of a particular trait. For example, in sexual selection, the theory suggests that animals of greater biological fitness signal this status through handicapping behaviour, or morphology that effectively lowers this quality. The central idea is that sexually selected traits function like conspicuous consumption, signalling the ability to afford to squander a resource. Receivers then know that the signal indicates quality, because inferior-quality signallers are unable to produce such wastefully extravagant signals. History The handicap principle was proposed in 1975 by Israeli biologist Amotz Zahavi. The general ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |