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The Instinct of Workmanship and the State of the Industrial Arts, originally issued in 1914, is described by Murray Murphey as his "most important work." In this volume that the theoretical foundations are put forth on full display. Veblen's juxtaposition of the instinctive values of community welfare in contrast to the pecuniary values of commercial exchange was the basis of his later, more famous works. The book makes plain Veblen's basic dichotomy between technological institutions for making goods and the pecuniary institutions for making money. Veblen's book is taken up with the casual…mehr

Produktbeschreibung
The Instinct of Workmanship and the State of the Industrial Arts, originally issued in 1914, is described by Murray Murphey as his "most important work." In this volume that the theoretical foundations are put forth on full display. Veblen's juxtaposition of the instinctive values of community welfare in contrast to the pecuniary values of commercial exchange was the basis of his later, more famous works. The book makes plain Veblen's basic dichotomy between technological institutions for making goods and the pecuniary institutions for making money. Veblen's book is taken up with the casual processes in the history of culture centered on human instincts and habits. For him, a change in the natural or social conditions produces effects only by changing the behavior of people. The whole panoply of habits, instincts, and motives, points to a theory of social and cultural change which substantially differs from the pragmatic tradition that swept America in the early decades of this century. Veblen makes so many unique contributions and insights that his work outlives the limitations of its theoretical shell. As is the case for most Veblen's works, footnotes and references are sparse, no index is provided, and the reader is left to fill in the missing paraphernalia the way one does with a novel. Indeed, the reader is swept along Veblen's captivating rhetoric in seven brilliant chapters moving from the instincts in primitive technology, to the current state of industrial arts, to the examination of predatory culture invited to the civilizational table by the competitive system, and finally into a contrast of handicrafts and machine industry. Veblen offers a dramaturgy and a morality of the industrial order of his time: much has changed, but a great deal remains the same and is easily identifiable by the discerning reader. In this passage through text and time, Murphey is the perfect guide, displaying a keen knowledge of philosophy, psychology, and the American context in which Veblen worked. Here we have a companion essay worthy of The Instinct of Workmanship and its author.
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.