Economic efficiency and the quality of life

Jacobsen, Rockney

doi:10.1007/bf00383157

Cited by 14 publications

(10 citation statements)

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“…As a result, since 1990 the United Nations has reported annually the Human Development Index (HDI) that combines standard of living (i.e., GDP per capita), life expectancy at birth, and education (i.e., literacy and school enrollment) as an overall index to account for a country's level of human development (United Nations Human Development Reports 2009). In talking about the relationship between standard of living and happiness (i.e., quality of life in their study), Jacobsen (1991) states that equivalent consecutive increases in the standard of living will not yield equivalent consecutive increases in the quality of life; as our standard of living increases up to a certain point, the incremental contribution which such increases make to the quality of our lives will diminish towards zero.…”

Section: Standard Of Livingmentioning

confidence: 99%

“…They are intended to internalize externalities, that is, to make the producer of a polluting product or process bear its social costs, some of which may fall on consumers otherwise (Aasness and Larsen 2003;Cohen and Winn 2007;Jackson 2000). Jacobsen (1991) argues that while firms in a free competitive market are morally justified in acting to increase their profits, tradeoffs such as trade restrictions, corporate taxes, and other government constraints on business are required in order for the market to retain the relationship between increasing firms' profits and increasing consumers' quality of life.…”

Section: Corporate Profitmentioning

confidence: 99%

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Sustainability and consumption

Huang

Rust

2010

J. of the Acad. Mark. Sci.

172

104

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We consider the implications of the three pillars of sustainability (environment, economy and social justice) on consumption in a wealthy country. Building a theoretical model that includes consumers, business, government, the environment, and economic and political relations between nations, we explore how sustainability should affect the consumption behavior of consumers, charitable aid to poorer countries, and responsible environmental practices by businesses. Our model enables us to provide normative implications for consumers, society and business. Importantly, we assume that all stakeholders will optimize their self-interest, and that altruism will only partly explain behavior consistent with sustainability. Among the more non-obvious findings are that (1) the poorer the poor countries are, the less the rich countries should consume, (2) the more sensitive the global political climate is to economic inequity between the rich and poor nations, the less the rich countries should consume, and (3) if aid to poor countries is effective enough, then the more materialistic the society is, the more charitable aid it should give. We also confirm a number of more intuitive findings, such as that business should use more green technology as the taxes on pollution and/or efficiency of green technology increase, and the more resource-intensive consumption is, the less consumers should consume. Taken as a whole, the findings imply that societal consumption patterns should be sensitive to aspects of environmental impact and social justice, even if altruistic motivations are absent.

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Section: Standard Of Livingmentioning

confidence: 99%

Section: Corporate Profitmentioning

confidence: 99%

Sustainability and consumption

Huang

Rust

2010

J. of the Acad. Mark. Sci.

172

104

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“…Furthermore, we are led to wonder how (and if) that focus can be justified beyond a somewhat primitive neo-liberalism (Freidman, 1962;Jacobsen, 1991). We make these points because it seems to us that, as a community, we might make a better job of researching our world if we were required to more carefully examine our worldviews, their justifications and their compatibility with the meso-theory employed implicitly in our work.…”

Section: Theory and Priormentioning

confidence: 99%

It's not what you do, it's the way that you do it? Of method and madness

Gray

Milne

2015

Critical Perspectives on Accounting

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“…It must remain a moot point to what extent the resistant nature of accounting, its narrowness, its adherence to a tiny range of strictly formal accounts within the purely economic, (Thielemann, 2000;Wright, 2006) or its focus on (typically commercial) organisation is imported unconsciously into any social accounting. Or perhaps the problems lie in accounting's adherence to the technical plus its claims to justification either through process (Brennan and Malpas, 2010) or through a moral appeal to the economic and profit seeking Social Accounting and New Accounts A speculative assay 11 25/10/2013 (Jacobsen, 1991) . Or is it simply the naivety of an attachment to (voluntary) self-reporting by organisations in capitalism (as Puxty, 1986Puxty, , 1991Spence, 2009;argue), that might arguably fatally hobble any social accounting project?…”

Section: /10/2013mentioning

confidence: 99%

Responsible social accounting communities, symbolic activism and the reframing of social accounting. A commentary on new accounts: Towards a reframing of social accounting

Thomson

2014

Accounting Forum

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Economic efficiency and the quality of life

Cited by 14 publications

References 0 publications

Sustainability and consumption

Sustainability and consumption

It's not what you do, it's the way that you do it? Of method and madness

Responsible social accounting communities, symbolic activism and the reframing of social accounting. A commentary on new accounts: Towards a reframing of social accounting

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