Thorstein Veblen：The Theory of the Leisure Class, Excerpt 142

All this of course does not question the fact that the proprieties of the substituted schedule are more decorous than those which they displace. The doubt which presents itself is simply a doubt as to the economic expediency of this work of regeneration--that is to say, the economic expediency in that immediate and material bearing in which the effects of the change can be ascertained with some degree of confidence, and as viewed from the standpoint not of the individual but of the facility of life of the collectivity. For an appreciation of the economic expediency of these enterprises of amelioration, therefore, their effective work is scarcely to be taken at its face value, even where the aim of the enterprise is primarily an economic one and where the interest on which it proceeds is in no sense self-regarding or invidious. The economic reform wrought is largely of the nature of a permutation in the methods of conspicuous waste.

Source： https://www.gutenberg.org/ebooks/833
Locator：Excerpt 142 · Verified：2026-10-19 · Verification：Short excerpt

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