The Theory of the Leisure Class

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Exploring the dynamics of economic behavior, this influential work critiques consumerism by positing that social customs from prehistoric times shape modern economic life more than utility. Veblen uses examples from early 20th-century America and anthropology to illustrate how contemporary society mirrors tribal structures. Notably, he introduces the concept of "conspicuous consumption," highlighting the social motivations behind spending. This foundational text remains relevant in discussions of economics and social theory.