Thorstein Veblen：The Theory of the Leisure Class, Excerpt 107

It has already been noticed that modern economic institutions fall into two roughly distinct categories--the pecuniary and the industrial. The like is true of employments. Under the former head are employments that have to do with ownership or acquisition; under the latter head, those that have to do with workmanship or production. As was found in speaking of the growth of institutions, so with regard to employments. The economic interests of the leisure class lie in the pecuniary employments; those of the working classes lie in both classes of employments, but chiefly in the industrial. Entrance to the leisure class lies through the pecuniary employments.

Source： https://www.gutenberg.org/ebooks/833
Locator：Excerpt 107 · Verified：2026-10-19 · Verification：Short excerpt

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