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The Theory of the Leisure Class - Columbia University

The Theory of the Leisure ClassThorstein VeblenContents1. Introductory22. Pecuniary Emulation123. Conspicuous Leisure184. Conspicuous Consumption335. The Pecuniary Standard of Living486. Pecuniary Canons of Taste547. Dress as an Expression of the Pecuniary Culture778. Industrial Exemption and Conservatism879. The Conservation of Archaic Traits9810. Modern Survivals of Prowess11311. The Belief in Luck12712. Devout Observances13513. Survivals of the Non-Invidious Interests15314. The Higher Learning as an Expression of the Pecuniary Culture1671 Chapter IIntroductoryTHEinstitution of a Leisure Class is found in its best development at the higherstages of the barbarian culture; as, for instance, in feudalEurope or feudal such communities the distinction between classes is veryrigorously observed; andthe feature of most striking economic significance in these Class differences is thedistinction maintained between the employments proper to the several classes.

of a leisure class has arisen, and indicates the steps of its early growth. Nomadic hunting tribes in various parts of the world illustrate these more primitive phases of the differentiation. Any one of the North American hunting tribes may be taken as a convenient illustration. These tribes can scarcely be said to have a defined leisure class.

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