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Theoretical and Applied Economics
No. 3 / 2018 (616), Autumn

Consumerism and exclusion in a throw-away culture

Alexandru TAŞNADI
The Bucharest University of Economic Studies, Romania
Iustin Emanuel ALEXANDRU
The Bucharest University of Economic Studies, Romania
Gheorghe USTINESCU
The Bucharest University of Economic Studies, Romania
Petru Ciprian BRADU
The Bucharest University of Economic Studies, Romania

Abstract. Various sources draw our attention to contemporary problems such as irrational use of resources, pollution, and, even more alarming, the application of the market logic to human relations. Given this unfolding, we ask ourselves if the prevailing economic model has a human purpose. We show that consumerism, as an important feature of nowadays lifestyle, generates corruption, squandering, and addictions, which in turn lead people to an existential void, as psychiatrist Viktor Frankl put it. This being the status, we argue for a leap of conscience – a thorough consideration of how we act now and how we should behave if we want to maintain the various balances that make possible life on Earth.

Keywords: consumerism, needs, lifestyle, throw-away, conscience.

Contents

1

Private brand – differentiating concept and source of stimulation of the Romanian retail trade

Ion ANGHEL · Anca Maria HRISTEA

2

Macroeconomic determinants of the labour share of income: Evidence from OECD economies

Ivan D. TROFIMOV · Nazaria Md. ARIS · Muhammad Khairil Firdaus Bin ROSLI

3

Analysis of the investments made on the Romanian capital market by the privately managed pension funds – Pillar II

Alexandra DARMAZ-GUZUN

4

Exchange rate pass-through to macroeconomic indicators using Vector Auto Regression: Empirical evidence from Pakistan

Farhan AHMED · Muhammad OWAIS · Sandhya KUMARI · Rohit RAJJANI

5

Analysis of the educational activity in Romania

Constantin ANGHELACHE · Mădălina Gabriela ANGHEL

6

Macroeconomic variables and stock prices in emerging economies: A panel analysis

Raghutla CHANDRASHEKAR · P. SAKTHIVEL · T. SAMPATH · Krishna Reddy CHITTEDI

7

Consumerism and exclusion in a throw-away culture

Alexandru TAŞNADI · Iustin Emanuel ALEXANDRU · Gheorghe USTINESCU · Petru Ciprian BRADU

8

The effects of microeconomic factors on the stock market: A panel for the stock exchange in Istanbul ARDL analysis

Khatereh SADEGHZADEH

9

Return, shock and volatility spillovers between the bond markets of Turkey and developed countries

Selçuk BAYRACI

10

Causal relationship between internet use and economic development for selected Central Asian economies

Fuat SEKMEN · Hasmet GOKIRMAK

11

Financial sector development and the poor in developing countries: revisiting the access to finance channel

Atul MEHTA · Joysankar BHATTACHARYA

12

Impact of unbalanced economic growth to dynamic trade specialization

Putri AYU · Maizul RAHMIZAL · IRWANDI

13

Base erosion and profit shifting in multinational corporations

Vedang Ratan VATSA