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.
Read free book «The Theory of the Leisure Class by Thorstein Veblen (phonics readers TXT) 📕» - read online or download for free at americanlibrarybooks.com
- Author: Thorstein Veblen
Read book online «The Theory of the Leisure Class by Thorstein Veblen (phonics readers TXT) 📕». Author - Thorstein Veblen
The case of the lower or doubtful leisure class in America—the middle class commonly so called—is somewhat peculiar. It differs in respect of its devotional life from its European counterpart, but it differs in degree and method rather than in substance. The churches still have the pecuniary support of this class; although the creeds to which the class adheres with the greatest facility are relatively poor in anthropomorphic content. At the same time the effective middle-class congregation tends, in many cases, more or less remotely perhaps, to become a congregation of women and minors. There is an appreciable lack of devotional fervor among the adult males of the middle class, although to a considerable extent there survives among them a certain complacent, reputable assent to the outlines of the accredited creed under which they were born. Their everyday life is carried on in a more or less close contact with the industrial process.
This peculiar sexual differentiation, which tends to delegate devout observances to the women and their children, is due, at least in part, to the fact that the middle-class women are in great measure a (vicarious) leisure class. The same is true in a less degree of the women of the lower, artisan classes. They live under a regime of status handed down from an earlier stage of industrial development, and thereby they preserve a frame of mind and habits of thought which incline them to an archaic view of things generally. At the same time they stand in no such direct organic relation to the industrial process at large as would tend strongly to break down those habits of thought which, for the modern industrial purpose, are obsolete. That is to say, the peculiar devoutness of women is a particular expression of that conservatism which the women of civilized communities owe, in great measure, to their economic position. For the modern man the patriarchal relation of status is by no means the dominant feature of life; but for the women on the other hand, and for the upper middle-class women especially, confined as they are by prescription and by economic circumstances to their “domestic sphere,” this relation is the most real and most formative factor of life. Hence a habit of mind favorable to devout observances and to the interpretation of the facts of life generally in terms of personal status. The logic, and the logical processes, of her everyday domestic life are carried over into the realm of the supernatural, and the woman finds herself at home and content in a range of ideas which to the man are in great measure alien and imbecile.
Still the men of this class are also not devoid of piety, although it is commonly not piety of an aggressive or exuberant kind. The men of the upper middle class commonly take a more complacent attitude towards devout observances than the men of the artisan class. This may perhaps be explained in part by saying that what is true of the women of the class is true to a less extent also of the men. They are to an appreciable extent a sheltered class; and the patriarchal relation of status which still persists in their conjugal life and in their habitual use of servants, may also act to conserve an archaic habit of mind and may exercise a retarding influence upon the process of secularization which their habits of thought are undergoing. The relations of the American middle-class man to the economic community, however, are usually pretty close and exacting; although it may be remarked, by the way and in qualification, that their economic activity frequently also partakes in some degree of the patriarchal or quasi-predatory character. The occupations which are in good repute among this class and which have most to do with shaping the class habits of thought, are the pecuniary occupations which have been spoken of in a similar connection in an earlier chapter. There is a good deal of the relation of arbitrary command and submission, and not a little of shrewd practice, remotely akin to predatory fraud. All this belongs on the plane of life of the predatory barbarian, to whom a devotional attitude is habitual. And in addition to this, the devout observances also commend themselves to this class on the ground of reputability. But this latter incentive to piety deserves treatment by itself and will be spoken of presently. There is no hereditary leisure class of any consequence in the American community, except in the South. This Southern leisure class is somewhat given to devout observances;
Comments (0)