Bøger af Thorstein Veblen

Why is Economics not an Evolutionary Science' was first published in 1898 in the Quarterly Journal of Economics. It's author, Thorstein Veblen, was the son of Norwegian American immigrants. He grew up to become a prominent economist and sociologist, producing many books and articles. The subject of this article is arguably the concept he is best known for: utilising evolutionary theory to develop a 20th century theory of economics. This is a must read for anyone with an interest in the influential ideas of this renowned thinker. We are republishing this work with a brand new introductory biography.

2014 Reprint of 1946 Edition. Full facsimile of the original edition, not reproduced with Optical Recognition Software. Many of the essays in this collection originally appeared in "Dial" from October 1918 to January 1919. "The Vested Interest" includes: "The Instability of Knowledge and Belief," "The Stability of Law and Custom," "The State of the Industrial Arts," "Free Income," "The Vested Interests," "The Divine Rights of Nations," "Live and Let Live," and "The Vested Interests and the Common Man."Veblen saw an inherent conflict between financial interests and industrial interests. Veblen's two-class model of social stratification includes a financial class, which owns wealth invested in large holdings, and an industrial class, whose conditions of life are controlled by others and who live by work. On the one hand, financial leaders are almost exclusively concerned with financial matters-especially profit-and make no contribution to production. Veblen sees these captains of industry as parasitic and exploitative. On the other hand, industry is oriented toward workmanship and production. Unlike the pecuniary financial orientation, the industrial orientation is an impersonal standpoint of quantitative relations and mechanical efficiency. According to Veblen, financial leaders obstruct the operation of the industrial system. Veblen argued that an advanced industrial society would be run most efficiently by production engineers who would look out for the welfare of all members of society rather than the vested interests of business.

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An Inquiry into the Nature of Peace and the Terms of Its Perpetuation is a political science classic book that examines the peace that was established following the conclusion of the first world war. This great book contains this passage: "It is now some 122 years since Kant wrote the essay, Zum ewigen Frieden. Many things have happened since then, although the Peace to which he looked forward with a doubtful hope has not been among them. But many things have happened which the great critical philosopher, and no less critical spectator of human events, would have seen with interest. To Kant the quest of an enduring peace presented itself as an intrinsic human duty, rather than as a promising enterprise. Yet through all his analysis of its premises and of the terms on which it may be realised there runs a tenacious persuasion that, in the end, the régime of peace at large will be installed. Not as a deliberate achievement of human wisdom, so much as a work of Nature the Designer of things--Natura daedala rerum."

Argues that economics is essentially a study of the economic aspects of human culture, which are in a constant state of flux. This book argues that while industry itself demanded diligence, efficiency, and co-operation, businessmen in opposition to engineers and industrialists were only interested in making money and displaying their wealth.

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"The following work attempts an analysis of such correlation as is visible between industrial use and wont and those other institutional facts that go to make up any given phase of civilisation. It is assumed that in the growth of culture, as in its current maintenance, the facts of technological use and wont are fundamental and definitive, in the sense that they underlie and condition the scope and method of civilization in other than the technological respect, but not in such a sense as to preclude or overlook the degree in which these other conventions of any given civilisation in their turn react on the state of the industrial arts. The analysis proceeds on the materialistic assumptions of modern science, but without prejudice to the underlying question as to the ulterior competency of this materialistic conception considered as a metaphysical tenet. The inquiry simply accepts these mechanistic assumptions of material science for the purpose in hand, since these afford the currently acceptable terms of solution for any scientific problem of the kind in the present state of preconceptions on this head..." (Preface) Thorstein Veblen (1857-1929) was an American economist and sociologist. He is well known as a witty critic of capitalism. Veblen is famous for the idea of "conspicuous consumption." Conspicuous consumption, along with "conspicuous leisure," is performed to demonstrate wealth or mark social status. Veblen explains the concept in his best-known book, The Theory of the Leisure Class. Within the history of economic thought, Veblen is considered the leader of the institutional economics movement. Veblen''s distinction between "institutions" and "technology" is still called the Veblenian dichotomy by contemporary economists.

The Engineers and the Price System is a compilation of a series of papers, each of which mainly analyzes and criticizes the price system, planned obsolescence, and artificial scarcity. His position is that engineers, not workers, should overthrow capitalism. Veblen wrote this book during his occupation in The New School''s development and in it, he proposed a soviet of engineers. Thorstein Veblen (1857-1929) was an American economist and sociologist. He is well known as a witty critic of capitalism. Veblen is famous for the idea of "conspicuous consumption." Conspicuous consumption, along with "conspicuous leisure," is performed to demonstrate wealth or mark social status. Veblen explains the concept in his best-known book, The Theory of the Leisure Class. Within the history of economic thought, Veblen is considered the leader of the institutional economics movement. Veblen''s distinction between "institutions" and "technology" is still called the Veblenian dichotomy by contemporary economists.

The Theory of the Leisure Class is criticism of capitalism. Conspicuous consumption, along with "conspicuous leisure," is performed to demonstrate wealth or mark social status. The book is a treatise on economics and a detailed, social critique of conspicuous consumption, as a function of social class and of consumerism, derived from the social stratification of people and the division of labour, which are the social institutions of the feudal period (9th - 15th centuries) that have continued to the modern era. The book presents the evolutionary development of human institutions (social and economic) that shape society, such as how the citizens earn their livelihoods, wherein technology and the industrial arts are the creative forces of economic production. The sociology and economics applied by Veblen show the dynamic, intellectual influences of Charles Darwin, Karl Marx, Adam Smith, and Herbert Spencer; thus, his theories of socio-economics emphasize evolution and development as characteristics of human institutions. Thorstein Veblen (1857-1929) was an American economist and sociologist. He is well known as a witty critic of capitalism. Within the history of economic thought, Veblen is considered the leader of the institutional economics movement. Veblen''s distinction between "institutions" and "technology" is still called the Veblenian dichotomy by contemporary economists.

Thorstein Veblen's groundbreaking treatise upon the evolution of the affluent classes of society traces the development of conspicuous consumption from the feudal Middle Ages to the end of the 19th century.Beginning with the end of the Dark Ages, Veblen examines the evolution of the hierarchical social structures. How they incrementally evolved and influenced the overall picture of human society is discussed. Veblen believed that the human social order was immensely unequal and stratified, to the point where vast amounts of merit are consequently ignored and wasted. Veblen draws comparisons between industrialization and the advancement of production and the exploitation and domination of labor, which he considered analogous to a barbarian conquest happening from within society. The heavier and harder labor falls to the lower members of the order, while the light work is accomplished by the owners of capital: the leisure class.

Thorstein Veblen's groundbreaking treatise upon the evolution of the affluent classes of society traces the development of conspicuous consumption from the feudal Middle Ages to the end of the 19th century.Beginning with the end of the Dark Ages, Veblen examines the evolution of the hierarchical social structures. How they incrementally evolved and influenced the overall picture of human society is discussed. Veblen believed that the human social order was immensely unequal and stratified, to the point where vast amounts of merit are consequently ignored and wasted. Veblen draws comparisons between industrialization and the advancement of production and the exploitation and domination of labor, which he considered analogous to a barbarian conquest happening from within society. The heavier and harder labor falls to the lower members of the order, while the light work is accomplished by the owners of capital: the leisure class.

Essays in Our Changing Order is the ninth volume in the collected works of America's pre-eminent social scientist