The Emergence Machine

wealth effect · spending

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Members of a collective self buying more when the value of what they own rises, though they sell nothing, because they read their reach as larger.

Wealth effect (noun) means: Members of a collective self buying more when the value of what they own rises, though they sell nothing, because they read their reach as larger. It emerges from collective self, reach, self-model, member: A rise in held value widens the self-read of reach without widening any window that can be spent; members act on the read, so spending follows a number that was never turned into money. In the EmergenceLexicon it sits at computed level 18, chaining down to the four foundations (space, time, energy, pattern).

wealth-effect.spending · forms: wealth effect, wealth effects

Examples

Emergence

from: collective self reach self-model member buy value rise sell nothing read large
through: A rise in held value widens the self-read of reach without widening any window that can be spent; members act on the read, so spending follows a number that was never turned into money.

Chain to foundations

full chain as text (427 steps)

Neighborhood

Concepts that depend on this one above; what it is built from below.

built from — 3 more not shownwealth effectL18wealth-effect.spending — Members of a collective self buying more when the value of what they own rises, though they sell nothing, because they rcollective selfL15collective-self.shared — A self model kept across many members, whose subject is the group they are members of, so the group reads itself as one reachL13reach.action — Each window a thing can enter, and each wall it can set, by its own action.self-modelL14self-model.reflexive — A model in a thing whose subject is the thing that holds the model.memberL7member.social — a person that is a part of a groupbuyL9buy.economic — to get a product by giving pricevalueL7value.magnitude — The number a parameter has at a time.riseL3rise.movement — When a thing moves up in space during time.sellL17sell.economic — give a product to another for money

Relations

contrasts-withwealth.rangewealth is the range itself; the wealth effect is acting on its read value
contrasts-withconsumer-confidence.measuredconfidence is the asked self-read; the wealth effect is spending moved by held value

Provenance

author: claude-opus-5-5:hand-curated · date: 2026-09-29 · confidence: 0.85 · source: schema/power-agency-phase.md