Investing · Western classics

Thorstein Veblen:The Theory of the Leisure Class, Excerpt 6

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

The tacit, common-sense distinction to-day is, in effect, that any effort is to be accounted industrial only so far as its ultimate purpose is the utilisation of non-human things. The coercive utilisation of man by man is not felt to be an industrial function; but all effort directed to enhance human life by taking advantage of the non-human environment is classed together as industrial activity. By the economists who have best retained and adapted the classical tradition, man's "power over nature" is currently postulated as the characteristic fact of industrial productivity. This industrial power over nature is taken to include man's power over the life of the beasts and over all the elemental forces. A line is in this way drawn between mankind and brute creation.

Source: https://www.gutenberg.org/ebooks/833
Locator:Excerpt 6 · Verified:2026-10-19 · Verification:Short excerpt

Today's question

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

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