Investing · Western classics
Thorstein Veblen:The Theory of the Leisure Class, Excerpt 102
Thorstein Veblen《The Theory of the Leisure Class》· The Theory of the Leisure Class · Investing
The character and exigencies of life, under that regime of status and of individual and class antithesis which covers the entire interval from the beginning of predatory culture to the present, argue that the traits of temperament here under discussion could scarcely have arisen and acquired fixity during that interval. It is entirely probable that these traits have come down from an earlier method of life, and have survived through the interval of predatory and quasi-peaceable culture in a condition of incipient, or at least imminent, desuetude, rather than that they have been brought out and fixed by this later culture. They appear to be hereditary characteristics of the race, and to have persisted in spite of the altered requirements of success under the predatory and the later pecuniary stages of culture. They seem to have persisted by force of the tenacity of transmission that belongs to an hereditary trait that is present in some degree in every member of the species, and which therefore rests on a broad basis of race continuity.
Source:
https://www.gutenberg.org/ebooks/833
Locator:Excerpt 102 · Verified:2026-10-19 · Verification:Short excerpt
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Does this passage change one judgment about money or risk today?
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