Investing · Western classics

Thorstein Veblen:The Theory of the Leisure Class, Excerpt 115

Thorstein Veblen《The Theory of the Leisure Class》· The Theory of the Leisure Class · Investing

The leisure class lives by the industrial community rather than in it. Its relations to industry are of a pecuniary rather than an industrial kind. Admission to the class is gained by exercise of the pecuniary aptitudes--aptitudes for acquisition rather than for serviceability. There is, therefore, a continued selective sifting of the human material that makes up the leisure class, and this selection proceeds on the ground of fitness for pecuniary pursuits. But the scheme of life of the class is in large part a heritage from the past, and embodies much of the habits and ideals of the earlier barbarian period. This archaic, barbarian scheme of life imposes itself also on the lower orders, with more or less mitigation. In its turn the scheme of life, of conventions, acts selectively and by education to shape the human material, and its action runs chiefly in the direction of conserving traits, habits, and ideals that belong to the early barbarian age--the age of prowess and predatory life.

Source: https://www.gutenberg.org/ebooks/833
Locator:Excerpt 115 · Verified:2026-10-19 · Verification:Short excerpt

Today's question

Does this passage change one judgment about money or risk today?

公版作品;原文逐字取自 Project Gutenberg,仅摘录段落并附全书链接。

This text is in the public domain. The edition and source link are above. Copyright

← Back to the library