Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
The Vested Interests and the Common Man: The Modern Point of View and the New Order

The Vested Interests and the Common Man: The Modern Point of View and the New Order

Veblen, Thorstein

Paperback

Business GeneralEconomicsGeneral World History

ISBN10: 1614276331
ISBN13: 9781614276333
Publisher: Martino Fine Books
Published: May 23 2014
Pages: 192
Weight: 0.64
Height: 0.44 Width: 6.00 Depth: 9.00
Language: English
2014 Reprint of 1946 Edition. Full facsimile of the original edition, not reproduced with Optical Recognition Software. Many of the essays in this collection originally appeared in Dial from October 1918 to January 1919. The Vested Interest includes: The Instability of Knowledge and Belief, The Stability of Law and Custom, The State of the Industrial Arts, Free Income, The Vested Interests, The Divine Rights of Nations, Live and Let Live, and The Vested Interests and the Common Man. Veblen saw an inherent conflict between financial interests and industrial interests. Veblen's two-class model of social stratification includes a financial class, which owns wealth invested in large holdings, and an industrial class, whose conditions of life are controlled by others and who live by work. On the one hand, financial leaders are almost exclusively concerned with financial matters-especially profit-and make no contribution to production. Veblen sees these captains of industry as parasitic and exploitative. On the other hand, industry is oriented toward workmanship and production. Unlike the pecuniary financial orientation, the industrial orientation is an impersonal standpoint of quantitative relations and mechanical efficiency. According to Veblen, financial leaders obstruct the operation of the industrial system. Veblen argued that an advanced industrial society would be run most efficiently by production engineers who would look out for the welfare of all members of society rather than the vested interests of business.

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