The Theory of the Leisure Class. 1899

A classic of not only modern economic theory, The "Theory of the Leisure Class" has significantly influenced the spheres of sociological and historical thought; in it, Veblen coined such ubiquitous terms as "Conspicuous consumption" and "pecuniary emulation." Veblen shows why the American class system came to be based on the accumulation of wealth and its attendant social manifestations and its original roots in ownership and the accumulation of property. Almost a century after its original publication, Veblen's work is more relevant and influential than ever. Copyright © Libri GmbH. All rights reserved.