The Theory of the Leisure Class

The Theory of the Leisure Class by Thorstein Veblen, is a treatise of economics and sociology, and a critique of conspicuous consumption as a function of social class and of consumerism. In this book, Veblen explores the concept of conspicuous consumption and critiques the socio-economic structure of late 19th-century America. Veblen argues that in this society, the upper classes engage in wasteful and often irrational spending on luxury goods and services as a means of displaying their social status and wealth. Veblen further delves into the idea of 'conspicuous leisure, ' where the upper class engages in non-productive activities, such as leisurely pursuits and ostentatious displays of idleness, to signal their social standing. The Theory of the Leisure Class is a critical analysis of the emerging consumer culture and materialism in late 19th-century America, and it remains influential in the fields of sociology, economics, and cultural studies.