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Keeping up with the Joneses: The Desire of the Desire for money

Published online by Cambridge University Press:  05 April 2006

Paul Jorion*
Affiliation:
Interdepartmental Program in Human Complex Systems, University of California at Los Angeles, Los Angeles, CA90095http://pauljorion.com

Abstract

The biological basis of money lies in a three-term relationship between one subject and some others, with money acting as a mediator. The drive to acquire money is a special case of a desire for recognition. What is aimed at by subjects is their desire for the desire of some others: the former derive satisfaction from representing to themselves the admiration, or envy, of these others. This raises reproductive advantage.

Type
Open Peer Commentary
Copyright
Copyright © Cambridge University Press 2006

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