The Theory Of The Leisure Class Annotated
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The Theory of the Leisure Class
'Conspicuous consumption of valuable goods is a means of reputability to the gentleman of leisure.' In The Theory of the Leisure Class Thorstein Veblen sets out 'to discuss the place and value of the leisure class as an economic factor in modern life'. In so doing he produced a landmark study of affluent American society that exposes, with brilliant ruthlessness, the habits of production and waste that link invidious business tactics and barbaric social behaviour. Veblen's analysis of the evolutionary process sees greed as the overriding motive in the modern economy; with an impartial gaze he examines the human cost paid when social institutions exploit the consumption of unessential goods for the sake of personal profit. Fashion, beauty, animals, sports, the home, the clergy, scholars - all are assessed for their true usefulness and found wanting. The targets of Veblen's coruscating satire are as evident today as they were a century ago, and his book still has the power to shock and enlighten. Veblen's uncompromising arguments and the influential literary force of his writing are assessed in Martha Banta's Introduction. ABOUT THE SERIES: For over 100 years Oxford World's Classics has made available the widest range of literature from around the globe. Each affordable volume reflects Oxford's commitment to scholarship, providing the most accurate text plus a wealth of other valuable features, including expert introductions by leading authorities, helpful notes to clarify the text, up-to-date bibliographies for further study, and much more.
The Theory of the Leisure Class
The Theory of the Leisure Class is a book on economics and sociology by Thorstein Veblen, giving a detailed critique of conspicuous consumption (the spending of money on and the acquiring of luxury goods and services to publicly display the economic power of the income). First published in 1899, Veblen argues that the upper classes and the elite partake in conspicuous consumption and do nothing to contribute to the economy or to the production of the useful goods and services required for the functioning of society - instead it is the middle class and the working class that support the whole of society.
The Theory of the Leisure Class
"The Theory of the Leisure Class is a book on economics and sociology by Thorstein Veblen, giving a detailed critique of conspicuous consumption (the spending of money on and the acquiring of luxury goods and services to publicly display the economic power of the income). First published in 1899, Veblen argues that the upper classes and the elite partake in conspicuous consumption and do nothing to contribute to the economy or to the production of the useful goods and services required for the functioning of society - instead it is the middle class and the working class that support the whole of society."