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The Place of Science in Modern Civilization (Hardcover)
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The Place of Science in Modern Civilization (Hardcover)
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On its original publication in 1919, The Place of Science in Modern
Civilization was recognized as a major contribution, and today
Veblen continues to command attention and respect. This volume
includes some of his most seminal work, essays that have critical,
almost devastating implications for capitalist society and
mainstream economic theory as well as Marxism and socialism in
general. The continuing power of Veblen's work derives both from
the penetration and range of his analysis and the arguable failure
of modern society and social science theory to change in any
material respect since he worked. The continuing relevance of his
topics and ideas is manifest. In this volume in particular, Veblen
addresses controversies over the relations of deduction and
induction and efforts to produce truth, belief systems, and
language, disputes about the significance of business mergers and
acquisitions, and questions about the historical meaning and status
of socialism. All of these are subjects of continuing interest and
concern. The first six essays are fundamental contributions to the
study of the preconceptions that drive thought and modern science
and their origins. The next nine essays apply Veblen's thinking to
critiques of other economists and capitalism. Three of these nine
essays represent fundamental components of Veblen's view of
capitalism and its problems are of lasting interpretive and
analytic value. The final three essays in the book, and in
particular the last two, are examples of a genre of thinking which,
while not uncommon among social scientists of the period in which
Veblen worked haven been discredited and certainly have no lasting
value, being conjectural history using such concepts as natural
selection. As Warren Samuels notes in his stimulating introduction
to this new edition, "Veblen was heterodox, iconoclastic, sardonic,
caustic, and satiric. He also was brilliant, penetrating, original,
courageous, literarily dramatic, and unique, as well as
intellectually distant." This collection will be of interest to
economists and other social scientists interested in the specific
topics addressed here, as well as researchers in the history of
ideas.
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