Veblen, Thorstein

(1857–1929)
American economist and sociologist. He is remembered in political and moral philosophy for the doctrine of conspicuous consumption, expressed in The Theory of the Leisure Class (1899). He identifies the fundamental need to display financial well-being in what would otherwise seem wasteful display, in order to manifest status and stability, and to distinguish oneself from those slightly less well-off. Veblen argues that the principle is a human universal that explains a large variety of social phenomena. For example, we appreciate a well-trimmed lawn because it is a sign of surplus labour and wealth, or employ a butler because having an able-bodied man doing next to nothing is more meritorious than having someone who could not do much else. See also Mandeville, Smith, vanity.

Philosophy dictionary. . 2011.

Look at other dictionaries:

  • Veblen, Thorstein — ▪ American economist and sociologist Introduction in full  Thorstein Bunde Veblen  born July 30, 1857, Manitowoc county, Wisconsin, U.S. died Aug. 3, 1929, near Menlo Park, California       American economist and social scientist who sought to… …   Universalium

  • Veblen, Thorstein — ► (1857 1929) Sociólogo y economista estadounidense. Su Teoría de la clase ociosa (1899), en la que describe el papel de las clases no productivas dentro de la sociedad capitalista, analiza los mecanismos del consumo ostentoso …   Enciclopedia Universal

  • Veblen, Thorstein —  (1857–1929) American economist …   Bryson’s dictionary for writers and editors

  • Veblen, Thorstein —   (1857 1929)   see consumption + affluent society and fashion …   The Baudrillard dictionary

  • Veblen, Thorstein Bunde — (1857 1929) A leading social critic of American industrialism, whose writings inspired so called institutional economics, and influenced figures such as John Kenneth Galbraith and C. Wright Mills. The son of Norwegian immigrants, Veblen held… …   Dictionary of sociology

  • Veblen,Thorstein Bunde — Veb·len (vĕbʹlən), Thorstein Bunde. 1857 1929. American economist who described a fundamental conflict between the provision of goods and the making of money. In his popular study The Theory of the Leisure Class (1899) he coined the phrase… …   Universalium

  • Veblen, Thorstein (Bunde) — born July 30, 1857, Manitowoc county, Wis., U.S. died Aug. 3, 1929, near Menlo Park, Calif. U.S. economist. He grew up in Minnesota and earned a Ph.D. in philosophy from Yale University. Although he taught economics at the University of Chicago… …   Universalium

  • Veblen, Thorstein (Bunde) — (30 jul. 1857, condado de Manitowoc, Wis., EE.UU.–3 ago. 1929, cerca de Menlo Park, Cal.). Economista estadounidense. Creció en Minnesota y obtuvo su Ph.D. en filosofía en la Universidad de Yale. Aunque fue profesor de economía en la Universidad… …   Enciclopedia Universal

  • Veblen — Veblen, Thorstein …   Philosophy dictionary

  • Veblen — Veblen, Thorstein …   Enciclopedia Universal

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