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The Theory of the Leisure Class

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Editor Info

  • Banta, Martha
    (Professor Emeritus, University of Calilfornia, Los Angeles)

Author Info

  • Veblen, Thorstein
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    Abstract

    'Conspicuous consumption of valuable goods is a means of reputability to the gentleman of leisure.' In The Theory of the Leisure Class Thorstein Veblen sets out 'to discuss the place and value of the leisure class as an economic factor in modern life'. In so doing he produced a landmark study of affluent American society that exposes, with brilliant ruthlessness, the habits of production and waste that link invidious business tactics and barbaric social behaviour. Veblen's analysis of the evolutionary process sees greed as the overriding motive in the modern economy; with an impartial gaze he examines the human cost paid when social institutions exploit the consumption of unessential goods for the sake of personal profit. Fashion, beauty, animals, sports, the home, the clergy, scholars - all are assessed for their true usefulness and found wanting. The targets of Veblen's coruscating satire are as evident today as they were a century ago, and his book still has the power to shock and enlighten. Veblen's uncompromising arguments and the influential literary force of his writing are assessed in Martha Banta's Introduction. ABOUT THE SERIES: For over 100 years Oxford World's Classics has made available the widest range of literature from around the globe. Each affordable volume reflects Oxford's commitment to scholarship, providing the most accurate text plus a wealth of other valuable features, including expert introductions by leading authorities, helpful notes to clarify the text, up-to-date bibliographies for further study, and much more.

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    Bibliographic Info

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    This book is provided by Oxford University Press in its series OUP Catalogue with number 9780199552580 and published in 2009.

    ISBN: 9780199552580
    Order: http://ukcatalogue.oup.com/product/9780199552580.do
    Handle: RePEc:oxp:obooks:9780199552580

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    Cited by:
    1. Luca Fiorito & Massimiliano Vatiero, 2011. "La posizionalitĂ  come presupposto della relazionalitĂ ; e viceversa," Department of Economics University of Siena 610, Department of Economics, University of Siena.
    2. Leonardo Becchetti & Riccardo Massari & Paolo Naticchioni, 2011. "The drivers of happiness inequality: Suggestions for promoting social cohesion," Working Papers 2011-06, Universita' di Cassino, Dipartimento di Scienze Economiche.
    3. Bartelmus, Peter, 1999. "Economic growth and patterns of sustainability," Wuppertal Papers 98, Wuppertal Institute for Climate, Environment and Energy.
    4. Holger Preuss, 2013. "The Contribution of the FIFA World Cup and the Olympic Games to Green Economy," Sustainability, MDPI, Open Access Journal, vol. 5(8), pages 3581-3600, August.
    5. Kronenberg, Kristin & Kronenberg, Tobias, 2011. "Keeping up with the Joneses by finding a better-paid job - The effect of relative income on job mobility," MPRA Paper 29426, University Library of Munich, Germany.
    6. Christian Ghiglino & Sanjeev Goyal, 2008. "Keeping up with the neighbours: social interaction in a market economy," Economics Discussion Papers 655, University of Essex, Department of Economics.
    7. Stefano Bartolini & Francesco Sarracino, 2011. "Happy for How Long? How Social Capital and GDP relate to Happiness over Time," Department of Economics University of Siena 621, Department of Economics, University of Siena.
    8. Bilancini, Ennio & D'Alessandro, Simone, 2012. "Long-run welfare under externalities in consumption, leisure, and production: A case for happy degrowth vs. unhappy growth," Ecological Economics, Elsevier, vol. 84(C), pages 194-205.
    9. Ilyana Kuziemko & Ryan W. Buell & Taly Reich & Michael I. Norton, 2011. ""Last-place Aversion": Evidence and Redistributive Implications," NBER Working Papers 17234, National Bureau of Economic Research, Inc.
    10. Marjit, Sugata & Roychowdhury, Punarjit, 2011. "Status, Poverty and Trade," MPRA Paper 33730, University Library of Munich, Germany.
    11. Bruno S. Frey & Alois Stutzer, 2010. "Happiness: A New Approach in Economics," CESifo DICE Report, Ifo Institute for Economic Research at the University of Munich, vol. 8(4), pages 3-7, 01.

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