Thorstein Veblen
Thorstein Veblen
Thorstein Bunde Veblenwas an American economist and sociologist. He was famous as a witty critic of capitalism...
NationalityAmerican
ProfessionEconomist
Date of Birth30 July 1857
CityCato, WI
CountryUnited States of America
idols gentleman quality
The quasi-peaceable gentleman of leisure, then, not only consumes of the staff of life beyond the minimum required for subsistence and physical efficiency, but his consumption also undergoes a specialisation as regards the quality of the goods consumed. He consumes freely and of the best, in food, drink, narcotics, shelter, services, ornaments, apparel, weapons and accoutrements, amusements, amulets, and idols or divinities.
patents may requirements
While the proximate ground of discrimination may be of another kind, still the pervading principle and abiding test of good breeding is the requirement of a substantial and patent waste of time.
ownership arise wells
From the ownership of women the concept of ownership extends itself to include the products of their industry, and so there arises the ownership of things as well as of persons.