Artificial Paradise Revisited

Stephan A. Jansen, Eckhard Schröter and Nico Stehr (eds.), Fragile Stabilität – stabile Fragilität, Wiesbaden: Springer VS, 2013, pp. 25-39

16 Pages Posted: 15 Jun 2011 Last revised: 26 Jun 2013

Date Written: June 15, 2011

Abstract

Following the economic theory of addiction the paper takes addiction not to be the exception to the rule but rather the paradigm of life. Unsteady equilibrium, adjacent complementarity, and hyperbolic discounting identified by economic theory as the conditions for addiction to develop are at the same time tantamount to a preference for the present as the future becomes more and more uncertain. The paper starts from Charles Baudelaire's observations on artificial paradises produced by the intake of opium and hashish and looks at what reasons Baudelaire lists to both be acquainted with drugs and to refrain from them. A culture of gambling is described as a way to keep in touch with the fascination for addiction without actually falling for it. Modern culture is seen to be a culture of artifice, which for any of us is difficult to tell apart from a culture addicted to itself.

Keywords: addiction, culture, gambling, society

JEL Classification: L83

Suggested Citation

Baecker, Dirk, Artificial Paradise Revisited (June 15, 2011). Stephan A. Jansen, Eckhard Schröter and Nico Stehr (eds.), Fragile Stabilität – stabile Fragilität, Wiesbaden: Springer VS, 2013, pp. 25-39, Available at SSRN: https://ssrn.com/abstract=1865160 or http://dx.doi.org/10.2139/ssrn.1865160

Dirk Baecker (Contact Author)

Witten/Herdecke University ( email )

Germany

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