Theory of the Leisure Class

Cover Theory of the Leisure Class
Theory of the Leisure Class
Veblen Thorstein
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The difference in this respect between the wealthy and thecommon run of mankind lies not so much in the motive which prompts toconservatism as in the degree of exposure to the economic forces thaturge a change. The members of the wealthy class do not yield to thedemand for innovation as readily as other men because they are notconstrained to do so.
This conservatism of the wealthy class is so obvious a feature thatit has even come to be recognized as a mark of respectability. Sinceconservatism
...is a characteristic of the wealthier and therefore morereputable portion of the community, it has acquired a certain honorificor decorative value. It has become prescriptive to such an extent thatan adherence to conservative views is comprised as a matter of course inour notions of respectability; and it is imperatively incumbent on allwho would lead a blameless life in point of social repute. Conservatism, being an upper-class characteristic, is decorous; and conversely, innovation, being a lower-class phenomenon, is vulgar.

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