“Leisure held the first place at the start, and came to hold a rank very much above wasteful consumption of goods… From that point onward, consumption has gained ground, until, at present, it unquestionably holds the primacy.”

Source: The Theory of the Leisure Class (1899), p. 92

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American academic 1857–1929

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Context: Unfortunately, once an economy is geared to expansion, the means rapidly turn into an end and "the going becomes the goal." Even more unfortunately, the industries that are favored by such expansion must, to maintain their output, be devoted to goods that are readily consumable either by their nature, or because they are so shoddily fabricated that they must soon be replaced. By fashion and built-in obsolescence the economies of machine production, instead of producing leisure and durable wealth, are duly cancelled out by the mandatory consumption on an even larger scale.

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