The Theory of the Leisure Class by Thorstein Veblen (phonics readers TXT) 📕
Description
1899 was the tail end of the Gilded Age, a time in America of rapid economic expansion that caused a select few to become ultra-wealthy, while millions of commoners struggled in abject poverty. It was against this backdrop that Veblen, an economist and sociologist at the University of Chicago, wrote The Theory of the Leisure Class, a book that brought the phrase “conspicuous consumption” into the modern vocabulary.
Veblen’s thesis centers on the definition of what he calls the “leisure class,” the upper social class consisting of wealthy individuals who are socially exempt from productive work. Their work instead becomes what he calls “conspicuous consumption”: spending their wealth in increasingly ostentatious ways in order to preserve their class status. Meanwhile, the lower and middle classes are the ones actually engaged in work that is productive to society—manufacturing and industry—with the goal of eventually being able to emulate the social status afforded by the conspicuous consumption of their leisure class masters.
Along the way, Veblen links these behaviors with social strictures left over from feudal society, arguing that contemporary human society has not evolved far beyond our medieval peasant-and-lord forefathers. In those ancient societies, productive labor came to be viewed as disreputable and dirty; thus, status is won not by accumulating wealth, but by displaying the evidence of wealth. He argues that many of what some would consider society’s ills are linked to this fundamental concept: for example, the mistreatment of women—forcing them into constricting clothing, preventing them from participating in independent economic life—is a way for their husbands to show off their unemployed status as a kind of conspicuous leisure; or society’s obsession with sports, celebrity, and organized religion, all forms of conspicuous leisure that bring no productive benefit to society, and on the contrary waste time and resources, but whose practitioners—superstars and clergy—maintain a high social status.
Though it was written over a hundred years ago when industrial society was just getting its footing, Veblen’s thesis predicts much of the social stratification we recognize today. Practical labor continues to be viewed as basically demeaning, while people struggle in vain to chase a glimmer of the vast wealth that celebrities, investors, bankers, hedge fund managers, and C-suite dwellers—the conspicuously-consuming leisure class of today—openly flaunt. As such, The Theory of the Leisure Class might be one of the most prescient and influential books of economic and social science of the 20th century.
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- Author: Thorstein Veblen
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In girls the transition to the predaceous stage is seldom accomplished with the same degree of completeness as in boys; and in a relatively large proportion of cases it is scarcely undergone at all. In such cases the transition from infancy to adolescence and maturity is a gradual and unbroken process of the shifting of interest from infantile purposes and aptitudes to the purposes, functions, and relations of adult life. In the girls there is a less general prevalence of a predaceous interval in the development; and in the cases where it occurs, the predaceous and isolating attitude during the interval is commonly less accentuated.
In the male child the predaceous interval is ordinarily fairly well marked and lasts for some time, but it is commonly terminated (if at all) with the attainment of maturity. This last statement may need very material qualification. The cases are by no means rare in which the transition from the boyish to the adult temperament is not made, or is made only partially—understanding by the “adult” temperament the average temperament of those adult individuals in modern industrial life who have some serviceability for the purposes of the collective life process, and who may therefore be said to make up the effective average of the industrial community.
The ethnic composition of the European populations varies. In some cases even the lower classes are in large measure made up of the peace-disturbing dolicho-blond; while in others this ethnic element is found chiefly among the hereditary leisure class. The fighting habit seems to prevail to a less extent among the working-class boys in the latter class of populations than among the boys of the upper classes or among those of the populations first named.
If this generalization as to the temperament of the boy among the working classes should be found true on a fuller and closer scrutiny of the field, it would add force to the view that the bellicose temperament is in some appreciable degree a race characteristic; it appears to enter more largely into the makeup of the dominant, upper-class ethnic type—the dolicho-blond—of the European countries than into the subservient, lower-class types of man which are conceived to constitute the body of the population of the same communities.
The case of the boy may seem not to bear seriously on the question of the relative endowment of prowess with which the several classes of society are gifted; but it is at least of some value as going to show that this fighting impulse belongs to a more archaic temperament than that possessed by the average adult man of the industrious classes. In this, as in many other features of child life, the child reproduces, temporarily and in miniature, some of the earlier phases of the development of adult man. Under this interpretation, the boy’s predilection for exploit and for isolation of his own interest is to be taken as a transient reversion to the human nature that is normal to the early barbarian culture—the predatory culture proper. In this respect, as in much else, the leisure-class and the delinquent-class character shows a persistence into adult life of traits that are normal to childhood and youth, and that are likewise normal or habitual to the earlier stages of culture. Unless the difference is traceable entirely to a fundamental difference between persistent ethnic types, the traits that distinguish the swaggering delinquent and the punctilious gentleman of leisure from the common crowd are, in some measure, marks of an arrested spiritual development. They mark an immature phase, as compared with the stage of development attained by the average of the adults in the modern industrial community. And it will appear presently that the puerile spiritual makeup of these representatives of the upper and the lowest social strata shows itself also in the presence of other archaic traits than this proclivity to ferocious exploit and isolation.
As if to leave no doubt about the essential immaturity of the fighting temperament, we have, bridging the interval between legitimate boyhood and adult manhood, the aimless and playful, but more or less systematic and elaborate, disturbances of the peace in vogue among schoolboys of a slightly higher age. In the common run of cases, these disturbances are confined to the period of adolescence. They recur with decreasing frequency and acuteness as youth merges into adult life, and so they reproduce, in a general way, in the life of the individual, the sequence by which the group has passed from the predatory to a more settled habit of life. In an appreciable number of cases the spiritual growth of the individual comes to a close before he emerges from this puerile phase; in these cases the fighting temper persists through life. Those individuals who in spiritual development eventually reach man’s estate, therefore, ordinarily pass through a temporary archaic phase corresponding to the permanent spiritual level of the fighting and sporting men. Different individuals will, of course, achieve spiritual maturity and sobriety in this respect in different degrees; and those
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