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Economy

Social scientist Thorstein Veblen framed thought on consumer society

voiceofalexandria.com
 2021-04-16

Cover picture for the articleEconomist and social scientist Thorstein Veblen has been called one of America’s most original and creative thinkers. His highly acclaimed treatise “The Theory of the Leisure Class: An Economic Study of Institutions” (1899) introduced the term “conspicuous consumption.” Veblen’s body of work remains seminal reading in understanding the modern consumer society and criticisms of capitalism.

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