Thorstein Veblen's The Theory of the Labor Class
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The Theory of the Leisure Class: An Economic Study of Institutions (1899), by Thorstein Veblen, is an economic treatise and detailed social critique of conspicuous consumption, as a function of social-class consumerism, which proposes that the social strata and the division of labor of the feudal period continued into the modern era.
Thorstein Bunde Veblen (July 30, 1857 – August 3, 1929) was an American economist and sociologist, and a leader of the institutional economics movement. Besides...
Thorstein Bunde Veblen (July 30, 1857 – August 3, 1929) was an American economist and sociologist, and a leader of the institutional economics movement. Besides...



