The economist Fred Hirsch... «How Much is Enough?»

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    Zhorakovsky
    9 октября 2016

    The economist Fred Hirsch relabelled Harrod's "oligarchic" goods "positional", because acces to them depends not on our absolute wealth but on our position to others. Like top prizes in a tournament, positional goods cannot be won by everyone. They will always be scooped by the richest of the society, whatever the overall level of affluence. Competition to acquire them will therefore never cease.

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