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Die US-Variante des Kapitalismus erzeugt gesundheitsgefährenden chronischen Stress

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  • Komlos John

Abstract

Maximising output creates psychological stress as a negative externality. Focusing on bellweather indicators of economic performance while disregarding its effect on work-life balance, on income distribution, on insecurity, or the quality of life creates stress-ors that harm the human biological system. Stress in the US has been generated by debilitating poverty, financial insecurity, the highest level of inequality among rich countries, meager social safety nets that might have mitigated the turbulence of adjusting to the new knowledge economy, and the downward social mobility of millions disadvantaged by globalisation.

Suggested Citation

  • Komlos John, 2024. "Die US-Variante des Kapitalismus erzeugt gesundheitsgefährenden chronischen Stress," Wirtschaftsdienst, Sciendo, vol. 104(6), pages 413-419.
    • Handle: RePEc:vrs:wirtsc:v:104:y:2024:i:6:p:413-419:n:1014
    DOI: 10.2478/wd-2024-0108
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    References listed on IDEAS

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    1. Larry M. Bartels, 2016. "The New Gilded Age," Introductory Chapters, in: Unequal Democracy:The Political Economy of the New Gilded Age, Princeton University Press.
    2. José Azar & Ioana Marinescu & Marshall Steinbaum, 2022. "Labor Market Concentration," Journal of Human Resources, University of Wisconsin Press, vol. 57(S), pages 167-199.
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    More about this item

    JEL classification:

    • A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics
    • D60 - Microeconomics - - Welfare Economics - - - General
    • E71 - Macroeconomics and Monetary Economics - - Macro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on the Macro Economy

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