Investing · Western classics

Thorstein Veblen:The Theory of the Leisure Class, Excerpt 135

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

Beyond the priestly class, and ranged in an ascending hierarchy, ordinarily comes a superhuman vicarious leisure class of saints, angels, etc.--or their equivalents in the ethnic cults. These rise in grade, one above another, according to elaborate system of status. The principle of status runs through the entire hierarchical system, both visible and invisible. The good fame of these several orders of the supernatural hierarchy also commonly requires a certain tribute of vicarious consumption and vicarious leisure. In many cases they accordingly have devoted to their service sub-orders of attendants or dependents who perform a vicarious leisure for them, after much the same fashion as was found in an earlier chapter to be true of the dependent leisure class under the patriarchal system.

Source: https://www.gutenberg.org/ebooks/833
Locator:Excerpt 135 · 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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