The Theory of the Leisure Class Thorstein Veblen - The Theory of the Leisure Class: An Economic Study of Institutions (1899), by Thorstein Veblen, is a treatise on economics and a detailed, social critique of conspicuous consumption, as a ...
Classic of economic and social theory offers a satiric examination of the hollowness and falsity suggested by the term "conspicuous consumption," exposing the emptiness of many cherished standards of taste, education, dress, and culture.