Thorstein Veblen

Thorstein Veblen

Summary

Portrait of Thorstein Veblen Thorstein Veblen The Higher Learning In America… (1918)

Doubtless a boyish imitation of such business enterprise has had its share in the propagation of these educational excursions. It all has an histrionic air, such as would suggest that its use, at least in good part, might be to serve as an outlet for the ambition and energies of an executive gifted with a penchant for large and difficult undertakings, and with scant insight into the needs and opportunities of a corporation of the higher learning, and who might therefore be carried off his scholastic footing by the glamour of the exploits of the trustmakers.
Source: Wikisource

Portrait of Thorstein Veblen Thorstein Veblen The Higher Learning In America… (1918)

At least conventionally, it is no longer a question of pecuniary gain for the parent but of expediency for the child. No mother asks herself if her child will pay.
Civilized men shrink from anything like rating children as a contrivance for use in the "round-about process of the production of goods." And in much the same spirit, and in the last analysis on much the same grounds, although in a less secure and more loosely speculative fashion, men also look to the higher learning as the ripe fulfilment of material competency, rather than as a means to material success.
Source: Wikisource

Portrait of Thorstein Veblen Thorstein Veblen The Higher Learning In America… (1918)

What is good for business is felt to be serviceable for the common good; and no closer scrutiny is commonly given to that matter. While any closer scrutiny would doubtless throw serious doubt on this general proposition, such scrutiny can not but be distasteful to the successful businessmen; since it would unavoidably also throw a shadow of doubt on the meritoriousness of that business traffic in which they have achieved their success and to which they owe their preferential standing in the community.
Source: Wikisource

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