Investing · Western classics

Thorstein Veblen:The Theory of the Leisure Class, Excerpt 7

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

In other times and among men imbued with a different body of preconceptions this line is not drawn precisely as we draw it to-day. In the savage or the barbarian scheme of life it is drawn in a different place and in another way. In all communities under the barbarian culture there is an alert and pervading sense of antithesis between two comprehensive groups of phenomena, in one of which barbarian man includes himself, and in the other, his victual. There is a felt antithesis between economic and non-economic phenomena, but it is not conceived in the modern fashion; it lies not between man and brute creation, but between animate and inert things.

Source: https://www.gutenberg.org/ebooks/833
Locator:Excerpt 7 · 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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