Investing · Western classics
Thorstein Veblen:The Theory of the Leisure Class, Excerpt 105
Thorstein Veblen《The Theory of the Leisure Class》· The Theory of the Leisure Class · Investing
As seen from the point of view of life under modern civilized conditions in an enlightened community of the Western culture, the primitive, ante-predatory savage, whose character it has been attempted to trace in outline above, was not a great success. Even for the purposes of that hypothetical culture to which his type of human nature owes what stability it has--even for the ends of the peaceable savage group--this primitive man has quite as many and as conspicuous economic failings as he has economic virtues--as should be plain to any one whose sense of the case is not biased by leniency born of a fellow-feeling. At his best he is "a clever, good-for-nothing fellow." The shortcomings of this presumptively primitive type of character are weakness, inefficiency, lack of initiative and ingenuity, and a yielding and indolent amiability, together with a lively but inconsequential animistic sense. Along with these traits go certain others which have some value for the collective life process, in the sense that they further the facility of life in the group. These traits are truthfulness, peaceableness, good-will, and a non-emulative, non-invidious interest in men and things.
Source:
https://www.gutenberg.org/ebooks/833
Locator:Excerpt 105 · Verified:2026-10-19 · Verification:Short excerpt
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