The Theory of the Leisure Class by Thorstein Veblen

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The Theory of the Leisure Class by Thorstein Veblen

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Summary

Classic of economic and social theory offers satiric examination of the hollowness and falsity suggested by the term "conspicuous consumption," exposing the emptiness of many standards of taste, education, dress, and culture.

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The Theory of the Leisure Class by Thorstein Veblen

The Theory of the Leisure Class is criticism of capitalism. Conspicuous consumption, along with conspicuous leisure, is performed to demonstrate wealth or mark social status. The book is a treatise on economics and a detailed, social critique of conspicuous consumption, as a function of social class and of consumerism, derived from the social stratification of people and the division of labour, which are the social institutions of the feudal period (9th - 15th centuries) that have continued to the modern era. The book presents the evolutionary development of human institutions (social and economic) that shape society, such as how the citizens earn their livelihoods, wherein technology and the industrial arts are the creative forces of economic production. The sociology and economics applied by Veblen show the dynamic, intellectual influences of Charles Darwin, Karl Marx, Adam Smith, and Herbert Spencer; thus, his theories of socio-economics emphasize evolution and development as characteristics of human institutions. Thorstein Veblen (1857-1929) was an American economist and sociologist. He is well known as a witty critic of capitalism. Within the history of economic thought, Veblen is considered the leader of the institutional economics movement. Veblen's distinction between institutions and technology is still called the Veblenian dichotomy by contemporary economists.

Thorstein Veblen (1857-1929) was an American economist and social commentator who lived from 1857 to 1929. He taught at Chicago and Missouri universities, Stanford University, and the New School for Social Research. The Theory of Business Enterprise, The Higher Learning in America, and The Theory of the Leisure Class, all published by Transaction, are among his many works.

SKU Unavailable
ISBN 13 9780486280622
ISBN 10 0486280624
Title The Theory of the Leisure Class
Author Thorstein Veblen
Series Dover Thrift Editions
Condition Unavailable
Binding Type Paperback
Publisher Dover Publications Inc.
Year published 2000-02-01
Number of pages 256
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.