Thorstein Veblen: Economist, Conspicuous Consumption, and Legacy
Thorstein Veblen: Economist, Conspicuous Consumption, and L…
2 months ago
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El Capitalismo y sus Intérpretes: Thorstein Veblen - Instituto de Estudios Internacionales - Universidad de Chile
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Jonny Thomson on Instagram: "Why is it that some people are more concerned with the selfie than the experience? Why do some people want to talk about visiting the great attraction rather than enjoying it? Well, according to the sociologist Thorstein Veblen, it’s all down to what he called ‘conspicuous consumption.’ Veblen argued that in a high-status society such as ours, we buy things and experiences not because of their utility, or even because we enjoy them. We buy them to signal our place in
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