Investing · Western classics
Thorstein Veblen:The Theory of the Leisure Class, Excerpt 110
Thorstein Veblen《The Theory of the Leisure Class》· The Theory of the Leisure Class · Investing
Something of the sort seems to be true in fact. There is, for instance, an appreciable proportion of the upper classes whose inclinations lead them into philanthropic work, and there is a considerable body of sentiment in the class going to support efforts of reform and amelioration. And much of this philanthropic and reformatory effort, moreover, bears the marks of that amiable "cleverness" and incoherence that is characteristic of the primitive savage. But it may still be doubtful whether these facts are evidence of a larger proportion of reversions in the higher than in the lower strata, even if the same inclinations were present in the impecunious classes, it would not as easily find expression there; since those classes lack the means and the time and energy to give effect to their inclinations in this respect. The prima facie evidence of the facts can scarcely go unquestioned.
Source:
https://www.gutenberg.org/ebooks/833
Locator:Excerpt 110 · Verified:2026-10-19 · Verification:Short excerpt
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