Theory of the Leisure Class Book Reviews
Theory of the Leisure Class by Thorstein Veblen Book Summary
This book 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 specialty (scientists, engineers, technologists) at the end of the 19th century proved to be accurate predictions of the nature of an industrial society.
Book Name | Theory of the Leisure Class |
Genre | Business & Personal Finance |
Author | Thorstein Veblen |
Published | 01 January 1899, Sunday |
Language | English |
E-Book Size | 224.87 KB |
Theory of the Leisure Class (Thorstein Veblen) Book Reviews 2024
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Summary of Theory of the Leisure Class by Thorstein Veblen
The Theory of the Leisure Class book written by Thorstein Veblen was published on 01 January 1899, Sunday in the Business & Personal Finance category. A total of 8 readers of the book gave the book 4.5 points out of 5.
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