“The chief use of servants is the evidence they afford of the master's ability to pay.”
Source: THORSTEIN VEBLEN Ultimate Collection: 8 Books & 50+ Business Essays and Articles in Warfare and Economics: The Theory of the Leisure Class, The Theory of Business Enterprise, The Higher Learning In America, Panem et Circenses, The Vested Interests and the Common Man, The Use of Loan Credit in Business…
“It frequently happens that an element of the standard of living which set out with being primarily wasteful, ends with becoming, in the apprehension of the consumer, a necessary of life.”
Source: A Veblen Treasury: From Leisure Class to War, Peace, and Capitalism
“It is much more difficult to recede from a scale of expenditure once adopted than it is to extend the accustomed scale in response to an accession of wealth.”
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“In the rare cases where it occurs, a failure to increase one's visible consumption when the means for an increase are at hand is felt in popular apprehension to call for explanation, and unworthy motives of miserliness are imputed.”
Source: BUSINESS & ECONOMICS Premium Collection: 25+ Titles in One Volume: The Theory of Business Enterprise, The Higher Learning in America, The Vested Interests and the Common Man, On the Nature of Capital…: The Theory of the Leisure Class, The Beginning of Ownership, The Preconceptions of Economic Science, The Industrial System and the Captains of Industry, The Socialist Economics of Karl Marx…
“A standard of living is of the nature of habit. ...it acts almost solely to prevent recession from a scale of conspicuous expenditure that has once become habitual.”
Source: THE THEORY OF THE LEISURE CLASS: An Economic Study of American Institutions and a Social Critique of Conspicuous Consumption: Development of Institutions That Shape Society and Influence the Livelihood of Citizens: Based on Sociological & Economical Theories of Charles Darwin, Karl Marx, Adam Smith and Herbert Spencer
“The domestic life of most classes is relatively shabby, as compared with the éclat of that overt portion of their life that is carried on before the eyes of observers.”
Source: The Theory of the Leisure Class
“The thief or swindler who has gained great wealth by his delinquency has a better chance than the small thief of escaping the rigorous penalty of the law.”
Source: A Veblen Treasury: From Leisure Class to War, Peace, and Capitalism
“The requirement of conspicuous wastefulness is... present as a constraining norm selectively shaping and sustaining our sense of what is beautiful.”
Source: A Veblen Treasury: From Leisure Class to War, Peace, and Capitalism
“And we have a little herb garden, which survived the winter thanks to global warming. It makes me feel like a cool, old Italian housewife, that I kept my rosemary alive outside all winter.”
“The office of the leisure class in social evolution is to retard the movement and to conserve what is obsolescent. This proposition is by no means novel; it has long been one of the commonplaces of popular opinion.”
Source: The Theory of the Leisure Class