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One of the great thinkers of the early 20th century, American economist and sociologist THORSTEIN BUNDE VEBLEN (1857-1929) is best remembered for coining the phrase "conspicuous consumption." This 1914 volume is considered by some Veblen's most important work, showcasing the underpinnings of his theories and speculations. Here, Veblen explores... . the battle between instinct and habit . how instinct shaped primitive technologies . how modern industrial arts reflect a collective instinct . the technology of the "predatory culture" . the differences between "peaceable ownership" and the…mehr

Produktbeschreibung
One of the great thinkers of the early 20th century, American economist and sociologist THORSTEIN BUNDE VEBLEN (1857-1929) is best remembered for coining the phrase "conspicuous consumption." This 1914 volume is considered by some Veblen's most important work, showcasing the underpinnings of his theories and speculations. Here, Veblen explores... . the battle between instinct and habit . how instinct shaped primitive technologies . how modern industrial arts reflect a collective instinct . the technology of the "predatory culture" . the differences between "peaceable ownership" and the "competitive system" . and more. ALSO FROM COSIMO: Veblen's The Vested Interests and the Common Man, The Theory of Business Enterprise, Imperial Germany and the Industrial Revolution, An Inquiry into the Nature of Peace and the Terms of Its Perpetuation, and The Engineers and the Price System
Autorenporträt
Thorstein Bunde Veblen (July 30, 1857 - August 3, 1929) was an influential American economist and sociologist, renowned for his critical analysis of capitalism and his contributions to institutional economics. Veblen's most famous work, The Theory of the Leisure Class (1899), introduced the concepts of "conspicuous consumption" and "conspicuous leisure," which critique the extravagant display of wealth and status by the upper class. His work examined how the wealthy class's consumption patterns are driven by the desire to show social superiority rather than for practical use, and he argued that this behavior leads to societal inefficiency and waste. Veblen's theories also laid the groundwork for the institutional economics perspective, emphasizing the role of institutions, such as laws, customs, and social structures, in shaping economic behavior. He distinguished between "institutions" and "technology," a framework known as the Veblenian dichotomy, which remains influential in contemporary economic thought. Veblen's critiques of capitalism, alongside his focus on the broader societal context in which economic activities occur, have made him a significant figure in the field of economics and sociology.