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The Theory of the Leisure Class (Dover Thrift Editions)
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The Theory of the Leisure Class (Dover Thrift Editions) Customer Reviews
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the Hobo Philosopher
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Conspicuous consumption describes the phenomenon of buying a product or service not for its utility or necessity but because of its prestige factor or impressive social value. Mr. Veblen's book is described as a satire, pointing out the hypocrisy and shallowness of the leisure or wealthy class. I am only partly through this book but I am finding it very thought provoking.
If Mr. Veblen thought that consumption had a negative conspicuousness, indicative of a hypocritical nature among the wealthy of his day, I can only imagine what he would think of our entire culture today. It seems to me in our present society we have taken conspicuous consumption, beyond the hypocritical and the satirical and into the realm of the obnoxious, the immoral and even the criminal. This really isn't an economics book, nor would I say that it is scientific or academic in nature.
It is more the thoughtful extrapolation of an intelligent, thoughtful and educated individual. Thorstein Veblen is more academic than Mark Twain and not quite as humorous. But he is very entertaining and extremely thought provoking. His style is much like Galbraith's - wordy, circular and humor so subtle that if you are not paying attention you could easily miss it. I am enjoying this book.
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