Thorstein Veblen

Biographical details

Portrait of Thorstein Veblen Thorstein Veblen,  An Inquiry into the Nature of Peace and the Terms of Its Perpetuation

“ Such is the difference of animus between a body of patriotic citizens in a modern commonwealth on the one hand and the loyal subjects of a dynastic State on the other hand. There need be no reflections on the intrinsic merits of either. Seen in dispassionate perspective from outside the turmoil, there is not much to choose, in point of sane and self-respecting manhood, between the sluggish and shamefaced abettor of a sordid national crime, and a ranting patriot who glories in serving as cat's-paw to a syndicate of unscrupulous politicians bent on dominion for dominion's sake. ”
Source: Gutenberg

Portrait of Thorstein Veblen Thorstein Veblen,  The Place of Science in Modern Civilisation…

“ This inchoate new phase of capitalism, this business enterprise on the higher plane, is in fact viewed with the most lively apprehension. In a maze of consternation and solicitude the boldest, wisest, most public-spirited, most illustrious gentlemen of our time are spending their manhood in an endeavor to make the hen continue sitting on the nest after the chickens are out of the shell. The modern community is imbued with business principles—of the old dispensation. ”
Source: Gutenberg

Portrait of Thorstein Veblen Thorstein Veblen,  The Theory of the Leisure Class (1899)

“ Throughout the entire evolution of conspicuous expenditure, whether of goods or of services or human life, runs the obvious implication that in order to effectually mend the consumer's good fame it must be an expenditure of superfluities. In order to be reputable it must be wasteful. No merit would accrue from the consumption of the bare necessaries of life, except by comparison with the abjectly poor who fall short even of the subsistence minimum; and no standard of expenditure could result from such a comparison, except the most prosaic and unattractive level of decency. ”
Source: Wikisource

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