Thorstein Veblen

Economist Sociologist Norwegian-American 1857 – 1929

Critiqued conspicuous consumption and American business culture.

375 quotes

"Industrial sabotage by financial interests represents a systematic waste of productive human capacity."
Work
"The accumulation of decorative knowledge serves primarily to establish social distance from labor."
Knowledge
"Pecuniary institutions consistently encourage the worst in human nature while suppressing the best."
Motivation
"The leisure class has always required an elaborate justification for its exemption from productive effort."
Power
"Economic theory must ground itself in observable behavior rather than abstract mathematical propositions."
Philosophy
"The advancement of science depends upon minds liberated from pecuniary pressure and institutional constraint."
Science
"Competitive emulation becomes the sole mechanism of human progress under pecuniary dispensation."
Success
"The machine process enforces a pragmatic, factual orientation incompatible with hierarchical authority."
Technology
"Institutions must adapt to technological change or face systemic instability and potential collapse."
Change
"The business leader's contempt for truth flows from the predatory nature of competitive commerce."
Truth
"Ancestral proven worth becomes irrelevant once pecuniary standards wholly displace all other valuations."
History
"The production of goods progressively detaches from any consideration of actual human need or utility."
Work
"Ceremonial waste in dress and decoration serves as a language communicating financial status to observers."
Beauty
"The engineer's frame of mind represents the most advanced adaptation to industrial civilization's demands."
Leadership
"Economic growth without institutional adaptation generates increasing friction and systemic instability."
Change
"The pecuniary standard creates perpetual anxiety as no absolute level of accumulation proves sufficient."
Motivation
"Industrial democracy remains impossible while economic power concentrates in private hands without accountability."
Politics
"The idle rich invest enormous resources in perfecting their exemption from all visible exertion."
Money
"Habituation to industrial methods gradually erodes the superstitious and animistic thought patterns of earlier peoples."
"The leisure class imposes aesthetic standards designed to demonstrate their distance from productive necessity."
Beauty
"Economic institutions encode the power relations of earlier barbaric periods adapted for modern exploitation."
Justice
"The business elite systematically obstruct technological progress that would diminish their competitive advantage."
Power
"Peaceable industrial habits and predatory business methods represent fundamentally incompatible orientations."
"The university's corruption by pecuniary interests destroys its capacity for disinterested inquiry and truth."
Education
"Human aptitudes for production and cooperation are progressively atrophied by competitive institutional structures."
Nature
"The accumulation of waste becomes a civilizational achievement celebrated by those exempt from necessity."
Money
"Industrial sabotage serves the pecuniary interests of capital while harming the common productive capacity."
Work
"The machine process creates minds fundamentally incapable of accepting arbitrary hierarchical authority."
Freedom
"Economic progress measured in mere production ignores the systemic waste and inefficiency that sustains it."
Success
"The leisure class perpetually redefines honor and worth to justify their exemption from contribution."
Power