Fashion effects: self-limitations of the free will caused by degeneration of the free market

Konrad Szocik, Agata Gemzik-Salwach, Łukasz Cywiński and Elżbieta Inglot-Brzęk

Economic Research-Ekonomska Istraživanja, 2018, vol. 31, issue 1, 2100-2115

Abstract: The article discusses the existence of free will in the free market. The purpose of this article is to show how the free market restricts free will through the fashion effect and how an illusion of freedom is created. The article puts forward a hypothesis, which says that the market, especially the theoretical concept of the free market, limits free will. However, it gives a sense of freedom, which is a delusion. The authors see and describe an existence of a fashion effect as an example of degeneration of the free market. Fashion effect is one of the free-market processes – it uses the psychological mechanisms of seduction; first to sensual, and then intellectual – i.e., the biblical description of the seduction in Eden. In the degenerating free market, the goods are not required to possess practical aspects; however, they need to provoke internal conflicts.

Date: 2018
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DOI: 10.1080/1331677X.2018.1544087

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