#4622
Mentioned in 9 episodes
The Theory of the Leisure Class
An Economic Study of Institutions
Book • 2013
In 'The Theory of the Leisure Class', Thorstein Veblen presents a critical analysis of the social and economic behaviors of the upper class, arguing that economic life is driven by social vestiges from pre-historic times rather than by notions of utility.
Veblen introduces concepts such as 'conspicuous consumption', 'pecuniary superiority', and 'vicarious leisure', highlighting how the leisure class demonstrates its economic superiority through non-productive activities and the display of wealth.
The book challenges contemporary economic theories by emphasizing the role of social and cultural factors in shaping economic behaviors and critiques the wasteful and exploitative nature of the leisure class's activities.
Veblen introduces concepts such as 'conspicuous consumption', 'pecuniary superiority', and 'vicarious leisure', highlighting how the leisure class demonstrates its economic superiority through non-productive activities and the display of wealth.
The book challenges contemporary economic theories by emphasizing the role of social and cultural factors in shaping economic behaviors and critiques the wasteful and exploitative nature of the leisure class's activities.
Mentioned by
Mentioned in 9 episodes
Mentioned by 
Rob Henderson when discussing sociological frameworks for understanding luxury beliefs.
Rob Henderson when discussing sociological frameworks for understanding luxury beliefs.
213 snips
#748 - Rob Henderson - How Privileged Thinking Drives Our Entire Culture
Mentioned by Rob Henderson in relation to luxury beliefs and the historical display of status through goods.
Rob Henderson in relation to luxury beliefs and the historical display of status through goods.
36 snips
Rob Henderson - Luxury Beliefs: How Elites Exploit the Poor
Mentioned as the focus of the episode, exploring his ideas on modern culture and capitalism.
25 snips
115 | Modern Barbarism with Thorstein Veblen
Referenced by Ben Kizemchuk , suggesting social media influencers and podcasters are the leisure class of the future.
12 snips
Portfolio Manager Ben Kizemchuk: Stop using 20th century investment models in a 21st century market
Recommended by 
Peter Singer to illustrate how many possessions of wealthy people are status symbols.
Peter Singer to illustrate how many possessions of wealthy people are status symbols.
Peter Singer On Being Part Of The Solution
Mentioned by Cameron Abadi as earning a lot of attention and popularizing the phrase conspicuous consumption.
Heterodox Economists: Thorstein Veblen
Mentioned by 
Elizabeth Currid-Halkett when discussing Veblen goods and their role in signaling social status.
Elizabeth Currid-Halkett when discussing Veblen goods and their role in signaling social status.
How Whole Foods, yoga, and NPR became the hallmarks of the elite
Mentioned by Rob Henderson when discussing Thorstein Veblen's work on social class and conspicuous consumption.
Rob Henderson when discussing Thorstein Veblen's work on social class and conspicuous consumption.
How Elites Hurt the Poor With Terrible Ideas - Rob Henderson
Mentioned by David Guignion as an author worth reading, particularly his book "The Theory of the Leisure Class."
Jean Baudrillard's "For a Critique of the Political Economy of the Sign" (First Half)
Mentioned by Rob Henderson as the economist who wrote about how elites exhibit status with material goods.
Rob Henderson as the economist who wrote about how elites exhibit status with material goods.
22 Life Changing Psychology Insights - Dr Rob Henderson
