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The Theory Of The Leisure Class Essay

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The Theory of the Leisure Class, by American economist and sociologist Thorstein Veblen, stands as a testament to both insightful social commentary and an unquestioning dogmatism of its contents in everyday academic discourse verging on the commonsensical. It was written in 1899; a place in history where late capitalism or postmodernity is seldom to be imagined by even the most gifted of social critics. The book, itself, is a treatise on economics and a detailed social critique of conspicuous consumption as a function of both social class and consumerism. It is derived from the social stratification of people and the division of labor, which are the social institutions of the feudal period up until to the modern era.
The theme in sociological and economical thinking is the social stratification of tribal and feudal societies upon social and economic utility. To Veblen, the rise of a conspicuously consuming leisure class wasn’t a sign of progress. It was a relic of barbarism, an evolutionary step from feudalism, and, therefore, un-American. The association of luxury with British tyranny and decadence persisted through much of the 19th century. There wasn’t much things to flaunt about in the early stages of the country. The nation had little in the way of dynastic wealth or large enterprises; even slaveholding in the South was crushed by the Civil War. However, by the 1880’s and 1890’s, new technologies, like the telegraph, steam engines, railroad, electricity, etc., forged a

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