The Theory of the Leisure Classby Thorstein Veblen, Martha Banta
Pub. Date: 01/11/2008
Publisher: Oxford University Press, USA
In his first and best-known book, Veblen defines the social attitudes and values that condone the misuse of wealth and observes the variety of ways in which the resources of modern society are wasted. Chief among these is the practice of conspicuous consumption, a pattern of behavior that more than survives to the present day. With exquisite irony, Veblen discusses the hollowness of our canons of taste and culture and considers the emptiness of those habits of life and thought that many of us like to regard as our strengths.
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This may not be a book to read for recreation, unless you like 1890s verbal locutions, but there are other reasons to read it. The emergence of the economic analysis of Western society might intrigue you. You might discover the origins of such still useful terms as 'leisure class' and 'conspicuous consumption,' among others. You might be curious about author Thorstein Veblen¿s status-conscious, anachronistic world of working men and idle wives, which reflects upper-class society in his day. Published in 1899, this is a classic in sociology and economic literature, although it is a veritable dreadnought of density. It discusses property, ownership, status and leisure in a turn-of-the-last-century American context. Though scholars call it a 'satire,' the book is neither witty nor ironic. Instead, it is a stolid analytical daguerreotype of a world long gone. We suggest that if you tackle Veblen¿s old-fashioned, slow-flowing prose, you should do it for the background you may glean and the scholarly satisfaction you may feel when you are done. Instead of Alexander Pope¿s, 'What oft was thought but ne¿er so well expressed,' this book presents what oft was said and usually better, but not as early.
Although the sample is 52 pages long, it's doesn't get even to the end of the introduction. It doesn't include any of Veblen's text, which is supposed to be quite difficult.