Preview

Consumer Sovereignty

Good Essays
Open Document
Open Document
4347 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Consumer Sovereignty
Consumer sovereignty.
Birth and evolution of the movement and consumerista politche market in its favor.

LA SOVRANITA ' DEL CONSUMATORE:
"Consumption is the sole end and purpose of all production, and the interest of the producer should be considered only insofar as it may be necessary to promote the interest of the consumer" (Adam Smith).
The consumerism is a relatively recent phenomenon, one hundred years have passed since the commercial economy of the United States was rocked by the explosion for the first time a consumer moviment exasperated.
Despite the success of this first wave and the other occurred later, economists have never paid attention to the consumer and its actual needs until recent years, devoting much more effort to analyze supply.
The movement has its origins in defense of consumers in the United States of America, where, earlier than in any other country in the world, it created the conditions for the emergence and rapid development of monopoly capitalism and oligopolistic.
Until the early years of the 900 consumers burdened the ultimate purchaser all costs of controlling the quality of purchased goods, the weight and cost, if they did not meet expectations for quality and safety.
An early event that marks the beginning of the policy in favor of consumer legislation is anti tust of 1890, which is neither designed nor intended to serve that purpose, but to protect the small trade and handicraft production by monopolies and concentrations industrial.
Then the Unfair competition became a crime, and over the years, the main objective of this law was only to protect consumers from unfair business practices.
A second step was taken in 1906 when, thanks to the National Consumers League (which dealt with the working conditions of women), a law was passed on the authenticity of the food and pharmaceutical substances and the quality of the meat.
Struggle against capitalism and aggressive food fraud were the basis of the first "targeted"



Bibliography: -SCHUMPETER , “Teoria dello Sviluppo” - MARY MCCARTHY, Al contrario, 1961 -LOUIS LEVINSON, Dictionary of the left hand, 1963

You May Also Find These Documents Helpful

  • Good Essays

    Egt1 Task 3 Essay Example

    • 1075 Words
    • 5 Pages

    United States antitrust law is a collection of federal and state government laws, which regulates the conduct and organization of business corporations, generally to promote fair competition for the benefit of consumers. The main statute was the Sherman act of 1890, it is the basis for U.S. antitrust law, and many states have modeled their own statutes upon it. As weaknesses in the Sherman Act became evident, Congress added amendments to it at various times through 1950 the Clayton act of 1914, the Federal Trade Commission act of 1914, and the Robinson-Patman act of 1936 . These acts, first, restrict the formation of cartels and prohibit other collusive practices regarded as being in restraint of trade. Second, they restrict the mergers and acquisitions of organizations which could substantially lessen competition. Third, they prohibit the creation of a monopoly and the abuse of monopoly power.…

    • 1075 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    The Clayton Antitrust Act was the first significant law against monopolies in the United States.…

    • 1214 Words
    • 5 Pages
    Powerful Essays
  • Better Essays

    BUSN-115 Week 3 Assignment

    • 1012 Words
    • 5 Pages

    The first antitrust law, the Sherman Act, was passed in 1890 and together with a pair of laws passed in 1914, the Federal Trade Commission Act and the Clayton Act, forms the core antitrust laws still in effect today. The Sherman Act outlaws monopolization, attempted monopolization, or conspiracy or combination to monopolize, as well as, restraint on trade. It was ruled by the Supreme Court that not all restraint on trade is outlawed, only unreasonable restraint on trade. Examples of this would be price fixing or the rigging of bids.…

    • 1012 Words
    • 5 Pages
    Better Essays
  • Satisfactory Essays

    Carilion Clinic

    • 461 Words
    • 2 Pages

    Congress addressed the issue of monopolistic practices by passing the Sherman Antitrust Act of 1890, which limited the anticompetitive practices of business…

    • 461 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    In order to stop the establishment of monopolies, the Sherman Antitrust law was passed in 1890 by Congress. The Supreme Court made the decision that contracts would be illegal if they formed an “unreasonable restraint of trade.” The Sherman Antitrust law “ provides that no person shall monopolize, attempt to monopolize or conspire with another to monopolize interstate or foreign trade or commerce,…

    • 469 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Docwra's book provides frank views on the course consumerism has put the society on. Docwra takes a serious approach to the aspects of consumerism, the sections in Docwra's book are at first problematic and situational but then become rectifying and provides direction on everything from the effects of consumerism to what is wrong with consumerism resulting in what can we do about consumerism. Docwra informs us on the negative effects consumerism places upon us, but Docwra puts most attention into providing tactics we can use to stop consumerism. He states: "To move away from a culture of consumerism, we will therefore need to challenge the philosophy and values of this current economic system. Essentially, we need a cultural shift in our society…

    • 262 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    An important law is the Federal Trade Commission Act. The sole function of such a law is safeguarding consumers’ rights through promotion of free, fair…

    • 597 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Bruce Dawe Consumerism

    • 611 Words
    • 3 Pages

    The over consumptions of material goods have overtaken society to the point where it has become a part of today’s necessity. But first of all, what is consumerism? Consumerism is the process of selling and promoting material goods which often leads people to obsessively consume vast amount of products. The concept of Consumerism however, have been negatively depicted within Bruce Dawe’s ‘Americanized’, ‘Televistas’ and a film ‘confessions of a shopaholic’ .…

    • 611 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Two authors that have written about American consumerism, James Twitchell and Ian Frazier, have two different ways of expressing their thoughts in their essays even though the two topics are similar. In Twitchell’s essay, “Two Cheers for Materialism”, he expresses his views in a different way than Frazier does by taking a more serious approach. Frazier on the other hand, attempts a more comical view of the issue in his essay “All Consuming Patriotism”. However different their essays may be, they still both bring attention to our nations obsession with consumerism.…

    • 982 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Progressive Era Dbq

    • 792 Words
    • 4 Pages

    The progressive leaders led the reform process of the nation’s industrial economy in the early years of the 20th century. Through the antirust acts, inspection acts, and regulations on trading, progressive reformers reshaped the way the economy ran. In a political cartoon by the Washington Post in 1907, President Roosevelt is on a dead raccoon with the words “bad trust” shaved into it. The political cartoon does over exaggerate the effectiveness of Roosevelt’s policies regarding trusts, but it does represent the way Roosevelt started the new regulation policies. In his second presidency, he started the “square deal.” This deal first passed Hepburn Railroad Regulation Act of 1906 which put regulations on the industry. Next, the square deal went after the meat industry. In the Neill-Reynolds Report of 1906, the meat industry was accused of insanitary food practices. “Meat scraps were found being shoveled into receptacles from dirty floors where they were left to lie until again shoveled into barrels…” stated the report. This caused Congress to pass the Pure Food and Drug Act and Meat Inspection Act. With the election of Woodrow Wilson in the 1912, he sold his idea of “new freedom”. As stated in the Clayton Antitrust Act of 1914, “It shall be unlawful for any person engaged in commerce that directly or indirectly discriminated in price between different purchasers…” “The effect of such discrimination may be to substantially lessen competition or tend to create a monopoly in any line of commerce…” The act was put forth by President Wilson to encourage business competition. However, the act was attacked by the conservatives who caused it to not take full effect in legislation. However, a similar act, the Federal Trade Commission Act, took full force. This act set up an agency that regulated business’ actions and helped determined whether they were lawful or not. In a statement made by Herbert Croly in the New Republic, Croly questions Wilson’s…

    • 792 Words
    • 4 Pages
    Good Essays
  • Good Essays

    The most efficient way for consumers to get what they want is through the ‘market’, not the government, but businesses have more power than their customers. Some businesses can and will use abuse this power and cheat and steal from consumers to make money. Because of this, the government regulates the behaviour of businesses to have a market economy that functions properly. These laws mainly protect consumers against; misleading/deceptive representations, unconscionable conduct, unfair contracts, and unsafe goods and/or services. To protect consumers, different legal and non-legal approaches have been taken.…

    • 741 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Egt1 Task 3

    • 795 Words
    • 4 Pages

    There are 4 major acts created that are known as the Antitrust Laws. In the 1870’s and 1880’s, the Sherman Act of 1890 was created. This act made monopolies and conspiracies that tried controlling trade a criminal offense. This act exists with 2 provisions, the 1st is that every contract, blending in the form of a trust or otherwise, or attempt to conspiracy, in limit of trade or market among several States, or with distant nations is acknowledged to be unlawful.”…

    • 795 Words
    • 4 Pages
    Good Essays
  • Best Essays

    Cited: Bauman, Zygmunt, and Jerome Roos. "Bauman: Consumerism Coming Home to Roost." Reflections On A Revolution. 18 Aug. 2011. Web. 28 Nov. 2012.…

    • 2205 Words
    • 9 Pages
    Best Essays
  • Good Essays

    antitrust practices

    • 614 Words
    • 3 Pages

    Antitrust practices are practices carried on by businesses that end up destroying perfect competition in the market. Antitrust laws are laws prepared to seek and promote healthy market competition by preventing anti-competitive practices by companies. Some of the illegal practices that constitute to antitrust behavior include corporate mergers, monopolies and price fixing conspiracies (Bailey, 2010). The Clayton Act of 1914 was passed by the U.S Congress. It was an antitrust law that was amended to stop and prevent practices that led to unhealthy competition in the market. The Clayton Act was amended in order to complement an earlier version of the antitrust law referred to as the Sherman antitrust Act of 1980. This was a federal law that sought to prevent practices that were harmful to consumers such as cartels, monopolies and other unfair business practices (California Association of REALTORS, 2005).…

    • 614 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Government Regulation

    • 1285 Words
    • 6 Pages

    society and consumers are not taken advantage of. Regulation has been put into place to inhibit growth…

    • 1285 Words
    • 6 Pages
    Better Essays