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"The Theory of the Leisure Class" is a classic examination of the economics of the upper classes and the impact that their habits have upon society. In this work Thorstein Veblen coins the phrase «conspicuous consumption» to describe the often wasteful and unnecessary use of resources that is typical of the wealthiest members of a society. Veblen argues that the social values of the rich have greatly contributed to a lack of substantive culture and proper use of wealth in our society. «The Theory of the Leisure Class» is a classic of economics and sociology that is as relevant today as when it was first written.

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First published in 1899 by American economist and sociologist Thorstein Veblen, “The Theory of the Leisure Class” is a classic and important examination of the economics of the upper classes and the impact that their habits have upon society at the end of the 19th century. In this work, Veblen, influenced by the work of Charles Darwin, Karl Marx, and Adam Smith, contends that the evolutionary development of human society is the basis for our modern economic institutions, such as the divisions between the wealthy ruling class, the industrious middle class, and the working poor. Veblen was highly critical of the upper class and coined the phrases “conspicuous consumption” and “conspicuous leisure” to describe the often wasteful and unnecessary use of resources and time that is typical of the wealthiest members of a society. Veblen argues that the social values of the rich, which have their evolutionary basis in the primitive and barbaric behavior of humans during ancient times, have greatly contributed to an unnecessary division of class, as well as a lack of proper use of wealth in society. “The Theory of the Leisure Class” continues to be a thought-provoking and significant study of economics and sociology that is as relevant today as when it was first written.

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"The most impressive satirist of his day." — Time MagazineWith devastating satiric wit, this book examines the hollowness and falsity suggested by the term «conspicuous consumption» (coined by Veblen) and exposes the emptiness of many cherished standards of taste, education, dress, and culture. Since its original publication in 1899, the work has become a classic of social and economic thought and policy and exerted an influence widely felt beyond the sphere of economics.For Veblen, the shallowness and superficiality of society resulted from the tendency to believe that true accomplishment lay in arriving at a condition of ostentatious wealth and status. In developing this thesis, he traces the origins and development of ownership and property, offering extraordinary insights into the phenomenon of consumerism, the evolution of class structure, the rise of leisure time and how modern societal goals are grounded in pecuniary aspirations and achievements.Students, sociologists, historians, economists — anyone interested in the motives and behavior of human beings within a large-scale social context — will find this time-honored investigation still relevant and readable over a century after its first appearance. It belongs in the library of every thinking person.

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This comprehensive eBook presents the complete works or all the significant works – the Œuvre – of this famous and brilliant writer in one ebook – easy-to-read and easy-to-navigate: • The Theory of the Leisure Class • An Inquiry into the Nature of Peace and the Terms of Its Perpetuation • The Place of Science in Modern Civilisation and Other Essays • THE PLACE OF SCIENCE IN MODERN CIVILISATION • THE EVOLUTION OF THE SCIENTIFIC POINT OF VIEW • WHY IS ECONOMICS NOT AN EVOLUTIONARY SCIENCE? • THE PRECONCEPTIONS OF ECONOMIC SCIENCE. I. • THE PRECONCEPTIONS OF ECONOMIC SCIENCE. II. • THE PRECONCEPTIONS OF ECONOMIC SCIENCE. III. • PROFESSOR CLARK'S ECONOMICS • THE LIMITATIONS OF MARGINAL UTILITY • GUSTAV SCHMOLLER'S ECONOMICS • INDUSTRIAL AND PECUNIARY EMPLOYMENTS • ON THE NATURE OF CAPITAL. I. • ON THE NATURE OF CAPITAL. II. • SOME NEGLECTED POINTS IN THE THEORY OF SOCIALISM • THE SOCIALIST ECONOMICS OF. I. • THE SOCIALIST ECONOMICS OF. II. • THE MUTATION THEORY AND THE BLOND RACE • THE BLOND RACE AND THE ARYAN CULTURE • AN EARLY EXPERIMENT IN TRUSTS • ETC.

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