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The Theory of the Leisure Class

In Our Time

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Art, Economics, and Societal Change

This chapter explores the intricate relationship between art collection and societal values, contrasting the notion of art as pleasure versus investment. It examines the political implications of a prominent economist's work, particularly how his critiques of mainstream economics intersected with trade union movements and broader social changes. The discussion further highlights the enduring legacy of Thorstein Veblen's theories and their relevance to contemporary societal issues, including the absurdities found within the academic sector.

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