Investing · Western classics

Thorstein Veblen:The Theory of the Leisure Class, Excerpt 139

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

The case of the lower or doubtful leisure class in America--the middle class commonly so called--is somewhat peculiar. It differs in respect of its devotional life from its European counterpart, but it differs in degree and method rather than in substance. The churches still have the pecuniary support of this class; although the creeds to which the class adheres with the greatest facility are relatively poor in anthropomorphic content. At the same time the effective middle-class congregation tends, in many cases, more or less remotely perhaps, to become a congregation of women and minors. There is an appreciable lack of devotional fervor among the adult males of the middle class, although to a considerable extent there survives among them a certain complacent, reputable assent to the outlines of the accredited creed under which they were born. Their everyday life is carried on in a more or less close contact with the industrial process.

Source: https://www.gutenberg.org/ebooks/833
Locator:Excerpt 139 · 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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