Thorstein Veblen - The Theory of the Leisure Class (1899)

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The dog... commends himself to our favor by affording play to our propensity for mastery, and as he is also an item of expense, and commonly serves no industrial purpose, he holds a well-assured place in men's regard as a thing of good repute.

Thorstein Veblen
Conspicuous consumption of valuable goods is a means of reputability to the gentleman of leisure.

Thorstein Veblen
From the ownership of women the concept of ownership extends itself to include the products of their industry, and so there arises the ownership of things as well as of persons.

Thorstein Veblen
The office of the leisure class in social evolution is to retard the movement and to conserve what is obsolescent.

Thorstein Veblen
In itself and in its consequences the life of leisure is beautiful and ennobling in all civilised men's eyes.

Thorstein Veblen
Leisure held the first place at the start, and came to hold a rank very much above wasteful consumption of goods... From that point onward, consumption has gained ground, until, at present, it unquestionably holds the primacy.

Thorstein Veblen
The need of conspicuous waste... stands ready to absorb any increase in the community's industrial efficiency or output of goods.

Thorstein Veblen
In order to stand well in the eyes of the community, it is necessary to come up to a certain, somewhat indefinite, conventional standard of wealth.

Thorstein Veblen
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.

Thorstein Veblen
As increased industrial efficiency makes it possible to procure the means of livelihood with less labor, the energies of the industrious members of the community are bent to the compassing of a higher result in conspicuous expenditure, rather than slackened to a more comfortable pace.

Thorstein Veblen
In the modern industrial communities... the apparatus of living has grown so elaborate and cumbrous... that the consumers of these things cannot make way with them in the required manner without help.

Thorstein Veblen
The requirement of conspicuous wastefulness is... present as a constraining norm selectively shaping and sustaining our sense of what is beautiful.

Thorstein Veblen
Priestly vestments show, in accentuated form, all the features that have been shown to be evidence of a servile status and a vicarious life.

Thorstein Veblen
The chief use of servants is the evidence they afford of the master's ability to pay.

Thorstein Veblen
In modern civilized communities... the members of each stratum accept as their ideal of decency the scheme of life in vogue in the next higher stratum.

Thorstein Veblen
Wealth is now itself intrinsically honorable and confers honor on its possessor.

Thorstein Veblen
There is probably no cult in which ideals of pecuniary merit have not been called in to supplement the ideals of ceremonial adequacy that guide men's conception of what is right in the matter of sacred apparatus.

Thorstein Veblen
The individual's habits of thought make an organic complex, the trend of which is necessarily in the direction of serviceability to the life process. When it is attempted to assimilate systematic waste or futility, as an end in life, into this organic complex, there presently supervenes a revulsion.

Thorstein Veblen
Abstention from labor is the conventional evidence of wealth and is therefore the conventional mark of social standing.

Thorstein Veblen
The superior gratification derived from the use and contemplation of costly and supposedly beautiful products is, commonly, in great measure a gratification of our sense of costliness masquerading under the name of beauty.

Thorstein Veblen
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.

Thorstein Veblen
The possession of wealth confers honor; it is an invidious distinction.

Thorstein Veblen
The institution of a leisure class has emerged gradually during the transition from primitive savagery to barbarism; or more precisely, during the transition from a peaceable to a consistently warlike habit of life.

Thorstein Veblen
While the proximate ground of discrimination may be of another kind, still the pervading principle and abiding test of good breeding is the requirement of a substantial and patent waste of time.

Thorstein Veblen
With the exception of the instinct of self-preservation, the propensity for emulation is probably the strongest and most alert and persistent of the economic motives proper.

Thorstein Veblen