The Theory of the Leisure Class: An Economic Study of Institutions

Front Cover
Aakar Books, 2005 - Business & Economics - 336 pages
In The Theory Of The Leisure Class, His First And Best-Known Work, Thorstein Veblen Challenges Some Of Man S Most Cherished Standards Of Behavior And With Devastating Wit And Satire Exposes The Hollowness Of Many Of Our Canons Of Taste, Education, Dress And Culture. Veblen Uses The Leisure Class As His Example Because It Is This Class That Sets The Standards Followed By Every Level Of Society.The Sign Of Membership In The Leisure Class Is Exemption From Industrial Toil And The Mark Of Success Is Lavish Expenditure Conspicuous Consumption Is The Famous Term He Invented To Describe Spending Which Satisfies No Real Need But Is A Mark Of Prestige.The Process Veblen Criticized Continues Today The Same Worship Of An Empty Scale Of Values, The Same Urge To Prove Oneself Better Than One S Neighbor By The Conspicuous Accumulation Of Useless Objects And By Time And Money-Wasting Activities.
 

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Contents

Introductory
1
Pecuniary Emulation
17
Conspicuous Leisure
27
Conspicuous Consumption
52
The Pecuniary Standard of Living
77
Pecuniary Canons of Taste
87
Dress as an Expression of the Pecuniary Culture
126
Industrial Exemption and Conservatism
142
Modern Survivals of Prowess
185
The Belief in Luck
208
Devout Observances
221
Survivals of the NonInvidious Interest
250
The Higher Learning as an Expression of the Pecuniary Culture
273
Introduction
301
Index
319
Copyright

The Conservation of Archaic Traits
160

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