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The Theory of the Leisure Class: An Economic Study of American Institutions and a Social Critique of Conspicuous Consumption

The Theory of the Leisure Class: An Economic Study of American Institutions and a Social Critique of Conspicuous Consumption

Paperback

EconomicsGeneral Political Science

ISBN10: 8027274605
ISBN13: 9788027274604
Publisher: Musaicum Books
Published: Aug 29 2021
Pages: 152
Weight: 0.47
Height: 0.33 Width: 6.00 Depth: 9.00
Language: English
In The Theory of the Leisure Class, Thorstein Veblen employs a satirical and incisive examination of social stratification and consumer behavior in late 19th-century America. The book critiques the ostentatious consumption patterns of the wealthy, condemning the social norms that equate status with leisure and conspicuous consumption. Veblen's prose interweaves sociological analysis with economic theory, illuminating how the leisure class perpetuates itself through displays of wealth that serve as markers of social superiority, thus challenging prevailing notions of economic productivity and virtue. Thorstein Veblen, an American economist and sociologist, was profoundly influenced by the societal changes of the Gilded Age, a period marked by rapid industrialization and stark economic inequality. His background in the structural and ethical concerns of economics informed his critique of capitalism's moral failings. Veblen's unique perspective was shaped by his academic experiences and his awareness of the contradictions inherent in a society driven by capitalist values. The Theory of the Leisure Class remains an essential read for those interested in the intersections of economics, sociology, and cultural criticism. Veblen's work not only dissects the practices of the wealthy but also invites readers to reflect on the implications of their own consumption habits, making this an invaluable text for contemporary discussions surrounding class and inequality.

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Veblen, Thorstein

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Economics