(Download) "Theory of the Leisure Class" by Thorstein Veblen # Book PDF Kindle ePub Free

February 20, 2021

eBook details

Title: Theory of the Leisure Class
Author : Thorstein Veblen
Release Date : January 05, 2014
Genre: Social Science,Books,Nonfiction,
Pages : * pages
Size : 1129 KB

Description

The Theory of the Leisure Class: An Economic Study of Institutions, by Thorstein Veblen, is an economic treatise and detailed social critique of conspicuous consumption, as a function of social-class consumerism. It proposes that the social strata and the division of labor of the feudal period continued into the modern era. The lords of the manor employed themselves in the economically useless practices of conspicuous consumption and conspicuous leisure, while the middle and lower classes were employed in the industrial occupations that support the whole of society. Economically wasteful activities are those activities that do not contribute to the economy or to the material productivity required for the fruitful functioning of society. Veblen's analyses of business cycles and prices, and of the emergent technocratic division of labor by speciality (scientists, engineers, technologists) at the end of the 19th century proved to be accurate predictions of the nature of an industrial society.