Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Here's Block, for example, on "positional goods" (the idea comes from Hirsch):

. . . the problem of the growing importance of positional goods [the possession of goods and services that others cannot attain, e.g. academic credentials such as admission to the "right" school]. . . cannot be solved simply through reallocating resources or even through faster growth. . . . The only solution to the problem of positional goods is to attempt to minimize the competition. The concentration of the quest for positional goods at the higher end of the income continuum makes the problem eminently manageable. A more equitable distribution of income would dampen the struggle over positional goods by reducing the discretionary income of the rich and the upper middle class. . . . The expanded provision of public goods could also help to reduce the competition for positional goods.

by TGeraghty on Sat Jul 7th, 2007 at 07:59:19 PM EST
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It's another way of saying "exclusive" or "privileged".

There was an excellent Diary on Privilege here


and I concur with Geonomist's view that those who have Privileges ("positional goods" doesn't quite say it for me!)should give back something to the rest of Society in respect of them.

Exclusive rights over land and knowledge being the obvious candidates....

"The future is already here -- it's just not very evenly distributed" William Gibson

by ChrisCook (cojockathotmaildotcom) on Sat Jul 7th, 2007 at 08:29:17 PM EST
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