The Theory Of Business Enterprise

The Theory of Business Enterprise is a book written by Thorstein Veblen, an American economist and sociologist. First published in 1904, the book examines the role of business in society and its impact on economic development. Veblen argues that the modern business enterprise is driven by the pursuit of profits and the accumulation of wealth, rather than the needs of consumers or the public good. He critiques the prevailing economic theories of the time, including classical economics and the labor theory of value, and proposes a new theory of business enterprise based on the concept of ""technological efficiency."" According to Veblen, businesses should prioritize the efficient use of resources and the development of new technologies to improve productivity and reduce waste. The book also explores the social and cultural implications of business activity, including the rise of conspicuous consumption and the erosion of traditional values. Veblen's ideas have had a significant influence on modern economics and sociology, and The Theory of Business Enterprise remains a seminal work in the field of business and economic theory.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.