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The Theory of the Leisure Class (Paperback)
Loot Price: R424
Discovery Miles 4 240
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The Theory of the Leisure Class (Paperback)
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Loot Price R424
Discovery Miles 4 240
Expected to ship within 12 - 17 working days
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Thorstein Veblen (1857-1929), the controversial American economist
and social critic, argues that economics is essentially a study of
the economic aspects of human culture, which are in a constant
state of flux. In his best-known work, "The Theory of the Leisure
Class" (1899), Veblen appropriated Darwin's theory of evolution to
analyse the modern industrial system. While industry itself
demanded diligence, efficiency, and co-operation, businessmen in
opposition to engineers and industrialists were only interested in
making money and displaying their wealth in what Veblen coined
'conspicuous consumption'. Veblen's keen analysis of the
psychological bases of American social and economic institutions
laid the foundation for the school of institutional economics.
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