American Corporate Capitalism's Effect on Adolescent Psychology

Authors

  • Abigail Weaver Student
  • Mrs. Diane Patterson Advisor

DOI:

https://doi.org/10.47611/jsrhs.v9i2.1122

Keywords:

American Corporate Capitalism, Psychology, Adolescents

Abstract

The purpose of this study was to identify how the cultural norms of American Corporate Capitalism affect the psychological behaviors of American adolescents between the ages of thirteen and seventeen.  Prior research shows a considerable correlation between consumerist habits and youth; however, studies failed to recognize the strategies corporations utilize to influence such behaviors in children. Data was collected through a content and meta-analysis in which multiple sources were applied to the focus of the current research based on the importance of the topics presented. Due to the nature of my research, I focused on the results of studies revolving around mental health, self efficacy, materialism, consumerism, and American Corporate Capitalism. Initial results showed a considerable link between the level of consumerism to a child’s wellbeing as well as how businesses utilize psychological tactics to adhere to those specific groups. The persuasion tactics utilized have been instilled in societal culture so thoroughly to where it nearly reflects a person’s self worth. Therefore, the conclusion can be made that the culture instituted through the system of American Corporate Capitalism has created negative behaviors within the youth of America. However, this is limited to describing how it correlates with psychological behaviors and does not focus on how adolescents choose to address it, whether through avoidance or acceptance.  Future research should focus on how children interact with the persuasion tactics of big corporations; what their neurological responses are that could be curtailed to avoid such negative implications.

Downloads

Download data is not yet available.

Author Biography

Mrs. Diane Patterson, Advisor

AP Coordinator/Language Arts Teacher

References or Bibliography

References

Akee, R. K., Copeland, W. E., Keeler, G., Angold, A., & Costello, E. J. (2010). Parents' Incomes and Children's Outcomes: A Quasi-Experiment. American economic journal. Applied economics, 2(1), 86–115. https://doi.org/10.1257/app.2.1.86

Chaplin, L. N., & John, D. R. (2007). Growing up in a material world: Age differences in materialism in children and adolescents. Journal of consumer research, 34(4), 480-493.

Collins, M. (2015, August 4). The Winners And Losers Of Free Market Capitalism. Retrieved October 13, 2019, https://www.forbes.com/sites/mikecollins/2015/08/04/the-winners-and-losers-of-free-market-capitalism/#2f8c15ff7f75

Durant, R. F. (2013). Progressivism, Corporate Capitalism, and the Social Sciences. Administration & Society, 46(6), 599–631. doi: 10.1177/0095399713509244

George, J. M. (2014). Compassion and Capitalism: Implications for Organizational Studies. Journal of Management, 40(1), 5–15. https://doi.org/10.1177/0149206313490028

Harris, A. (1939). Pure Capitalism and the Disappearance of the Middle Class. Journal of Political Economy, 47(3), 328-356. Retrieved January 23, 2020, from www.jstor.org/stable/1825653

Hickey, R. (2014). When the Desire to Do Good Makes You Feel Bad: Quality Indicators and Worker Stress. Journal on Developmental Disabilities, 20(2), 78–88. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&db=asn&AN=98571644&site=ehost-live

Kasser, T., Kanner, A., Cohn, S., & Ryan, R. (2007). REPLY: Psychology and American Corporate Capitalism: Further Reflections and Future Directions. Psychological Inquiry, 18(1), 60–71. https://doi.org/10.1080/10478400701459103

Kasser, T., Cohn, S., Kanner, A., & Ryan, R. (2007). TARGET ARTICLE: Some Costs of American Corporate Capitalism: A Psychological Exploration of Value and Goal Conflicts. Psychological Inquiry, 18(1), 1–22. https://doi.org/10.1080/10478400701386579

Kinni, T. (2017, September 18). Is Capitalism Killing America? Retrieved October 1, 2019, https://www.gsb.stanford.edu/insights/capitalism-killing-america

Kramer, J. B. (2006). Ethical Analysis and Recommended Action in Response to the Dangers Associated With Youth Consumerism. Ethics & Behavior, 16(4), 291–303. https://doi.org/10.1207/s15327019eb1604_2

Kumar K, Boesso G, Batra R, Yao J. Explicit and implicit corporate social responsibility: Differences in the approach to stakeholder engagement activities of U.S. and Japanese companies. Bus Strat Env. 2019;1-10. https://doi.org/10.1002/bse.2306

Myers, G. D. (2007). Costs and Benefits of American Corporate Capitalism. Psychological Inquiry, 18(1), 43-47. https://www.jstor.org/stable/20447354

Northwestern Business Review. (2017, March 22). Why Citi's Consumer Hourglass Theory Matters. https://northwesternbusinessreview.org/why-citis-consumer-hourglass-theory-matters-3a2c1e9345c9

Polachek, D. E., & Polachek, S. W. (1989). An Indirect Test of Children’s Influence on Efficiencies in Parental Consumer Behavior. Journal of Consumer Affairs, 23(1), 91. https://doi.org/10.1111/j.1745-6606.1989.tb00237.x

Schneirov, M., & Schneirov, R. (2016). Capitalism as a social movement: the corporate and neoliberal reconstructions of the American political economy in the twentieth century. Social Movement Studies, 15(6), 561–576. https://doi.org/10.1080/14742837.2016.1215242

Sweeting, H., Hunt, K., & Bhaskar, A. (2012). Consumerism and well-being in early adolescence. Journal of Youth Studies, 15(6), 802–820. https://doi.org/10.1080/13676261.2012.685706

VLĂSCEANU, S. (2013). Psychology of the Consumer’s and the Advertise in Terms of Factors That Leads to Consumer’s Decision Making. Romanian Journal of Experimental Applied Psychology, 4(1), 23–28. http://search.ebscohost.com/login.aspx?direct=true&db=asn&AN=94646556&site=ehost-live

Whybrow, P. (2007). COMMENTARIES: Adam Smith’s American Dream: Time to Take Stock. Psychological Inquiry, 18(1), 57–59. https://doi.org/10.1080/10478400701389003

Published

11-20-2020

How to Cite

Weaver, A., & Weaver, A. (2020). American Corporate Capitalism’s Effect on Adolescent Psychology. Journal of Student Research, 9(2). https://doi.org/10.47611/jsrhs.v9i2.1122

Issue

Section

AP Capstone™ Research