The Theory of the Leisure Class Book Reviews
The Theory of the Leisure Class by Thorstein Veblen Book Summary
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The Theory of the Leisure Class is criticism of capitalism. Conspicuous consumption, along with "conspicuous leisure," is performed to demonstrate wealth or mark social status. The book is a treatise on economics and a detailed, social critique of conspicuous consumption, as a function of social class and of consumerism, derived from the social stratification of people and the division of labour, which are the social institutions of the feudal period (9th - 15th centuries) that have continued to the modern era. The book presents the evolutionary development of human institutions (social and economic) that shape society, such as how the citizens earn their livelihoods, wherein technology and the industrial arts are the creative forces of economic production. The sociology and economics applied by Veblen show the dynamic, intellectual influences of Charles Darwin, Karl Marx, Adam Smith, and Herbert Spencer; thus, his theories of socio-economics emphasize evolution and development as characteristics of human institutions.
Thorstein Veblen (1857-1929) was an American economist and sociologist. He is well known as a witty critic of capitalism. Within the history of economic thought, Veblen is considered the leader of the institutional economics movement. Veblen's distinction between "institutions" and "technology" is still called the Veblenian dichotomy by contemporary economists.
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| Book Name | The Theory of the Leisure Class |
| Genre | Political Science |
| Author | Thorstein Veblen |
| Published | 07 January 2014, Tuesday |
| Language | English |
| E-Book Size | 1 MB |
The Theory of the Leisure Class (Thorstein Veblen) Book Reviews 2024
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Summary of The Theory of the Leisure Class by Thorstein Veblen
The The Theory of the Leisure Class book written by Thorstein Veblen was published on 07 January 2014, Tuesday in the Political Science category. A total of 180 readers of the book gave the book 0 points out of 5.
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