Quotes from book
The Theory of the Leisure Class

The Theory of the Leisure Class

Thorstein Veblen

The Theory of the Leisure Class: An Economic Study of Institutions , by Thorstein Veblen, is a treatise on economics and a detailed, social critique of conspicuous consumption, as a function of social class and of consumerism, derived from the social stratification of people and the division of labour, which are social institutions of the feudal period that have continued to the modern era.

“In itself and in its consequences the life of leisure is beautiful and ennobling in all civilised men's eyes.”

Thorstein Veblen book The Theory of the Leisure Class

Source: The Theory of the Leisure Class (1899), p. 23

“The institution of a leisure class has emerged gradually during the transition from primitive savagery to barbarism; or more precisely, during the transition from a peaceable to a consistently warlike habit of life.”

Thorstein Veblen book The Theory of the Leisure Class

Source: The Theory of the Leisure Class (1899), p. 5

“The domestic life of most classes is relatively shabby, as compared with the éclat of that overt portion of their life that is carried on before the eyes of observers.”

Thorstein Veblen book The Theory of the Leisure Class

Source: The Theory of the Leisure Class (1899), p. 112

“The latter-day outcome of this evolution of an archaic institution, the wife, who was at the outset the drudge and chattel of the man… has become the ceremonial consumer of goods which he produces. But she still quite unmistakably remains his chattel in theory; for the habitual rendering of vicarious leisure and consumption is the abiding mark of the unfree servant.”

Thorstein Veblen book The Theory of the Leisure Class

Source: The Theory of the Leisure Class (1899), p. 83

“There is probably no cult in which ideals of pecuniary merit have not been called in to supplement the ideals of ceremonial adequacy that guide men's conception of what is right in the matter of sacred apparatus.”

Thorstein Veblen book The Theory of the Leisure Class

Source: The Theory of the Leisure Class (1899), p. 125

“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.”

Thorstein Veblen book The Theory of the Leisure Class

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

“Conspicuous consumption of valuable goods is a means of reputability to the gentleman of leisure.”

Thorstein Veblen book The Theory of the Leisure Class

Source: The Theory of the Leisure Class (1899), p. 57,

“In the priestly life of all anthropomorphic cults the marks of a vicarious consumption of time are visible.”

Thorstein Veblen book The Theory of the Leisure Class

Source: The Theory of the Leisure Class (1899), p. 122

“The superior gratification derived from the use and contemplation of costly and supposedly beautiful products is, commonly, in great measure a gratification of our sense of costliness masquerading under the name of beauty.”

Thorstein Veblen book The Theory of the Leisure Class

Source: The Theory of the Leisure Class (1899), p. 128

“In order to stand well in the eyes of the community, it is necessary to come up to a certain, somewhat indefinite, conventional standard of wealth.”

Thorstein Veblen book The Theory of the Leisure Class

Source: The Theory of the Leisure Class (1899), p. 19

“However widely, or equally, or "fairly", it may be distributed, no general increase of the community's wealth can make any approach to satiating this need, the ground of which is the desire of every one to excel every one else in the accumulation of goods.”

Thorstein Veblen book The Theory of the Leisure Class

Source: The Theory of the Leisure Class (1899), p. 32

“The thief or swindler who has gained great wealth by his delinquency has a better chance than the small thief of escaping the rigorous penalty of the law.”

Thorstein Veblen book The Theory of the Leisure Class

Source: The Theory of the Leisure Class (1899), p. 117

“The walking stick serves the purpose of an advertisement that the bearer's hands are employed otherwise than in useful effort, and it therefore has utility as an evidence of leisure.”

Thorstein Veblen book The Theory of the Leisure Class

Source: The Theory of the Leisure Class (1899), p. 148

“The need of conspicuous waste… stands ready to absorb any increase in the community's industrial efficiency or output of goods.”

Thorstein Veblen book The Theory of the Leisure Class

Source: The Theory of the Leisure Class (1899), p. 110

“It frequently happens that an element of the standard of living which set out with being primarily wasteful, ends with becoming, in the apprehension of the consumer, a necessary of life.”

Thorstein Veblen book The Theory of the Leisure Class

Source: The Theory of the Leisure Class (1899), p. 99

“It is much more difficult to recede from a scale of expenditure once adopted than it is to extend the accustomed scale in response to an accession of wealth.”

Thorstein Veblen book The Theory of the Leisure Class

Source: The Theory of the Leisure Class (1899), p. 102

“The requirement of conspicuous wastefulness is… present as a constraining norm selectively shaping and sustaining our sense of what is beautiful.”

Thorstein Veblen book The Theory of the Leisure Class

Source: The Theory of the Leisure Class (1899), p. 126

“As increased industrial efficiency makes it possible to procure the means of livelihood with less labor, the energies of the industrious members of the community are bent to the compassing of a higher result in conspicuous expenditure, rather than slackened to a more comfortable pace.”

Thorstein Veblen book The Theory of the Leisure Class

Source: The Theory of the Leisure Class (1899), p. 111

“All ritual has a notable tendency to reduce itself to a rehearsal of formulas.”

Thorstein Veblen book The Theory of the Leisure Class

Source: The Theory of the Leisure Class (1899), p. 122

“The possession of wealth confers honor; it is an invidious distinction.”

Thorstein Veblen book The Theory of the Leisure Class

Source: The Theory of the Leisure Class (1899), p. 26

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