Investing · Western classics

Thorstein Veblen:The Theory of the Leisure Class, Excerpt 63

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

By further habituation to an appreciative perception of the marks of expensiveness in goods, and by habitually identifying beauty with reputability, it comes about that a beautiful article which is not expensive is accounted not beautiful. In this way it has happened, for instance, that some beautiful flowers pass conventionally for offensive weeds; others that can be cultivated with relative ease are accepted and admired by the lower middle class, who can afford no more expensive luxuries of this kind; but these varieties are rejected as vulgar by those people who are better able to pay for expensive flowers and who are educated to a higher schedule of pecuniary beauty in the florist's products; while still other flowers, of no greater intrinsic beauty than these, are cultivated at great cost and call out much admiration from flower-lovers whose tastes have been matured under the critical guidance of a polite environment.

Source: https://www.gutenberg.org/ebooks/833
Locator:Excerpt 63 · 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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