Veblen's landmark study of affluent American society exposes the 'pecuniary culture' and 'conspicuous consumption' that results when unessential goods are exploited at the expense of production of true value. This new edition examines Veblen's still pertinent arguments.

Throughout history, some books have changed the world. They have transformed the way we see ourselves - and each other. They have inspired debate, dissent, war and revolution. They have enlightened, outraged, provoked and comforted. They have enriched lives - and destroyed them. Now Penguin brings you the works of the great thinkers, pioneers, radicals and visionaries whose ideas shook ...

Argues that economics is essentially a study of the economic aspects of human culture, which are in a constant state of flux. This book argues that while industry itself demanded diligence, efficiency, and co-operation, businessmen in opposition to engineers and industrialists were only interested in making money and displaying their wealth.

In this classic of economic and social theory, one of America's most original thinkers decried the tendency to believe that true accomplishment lay in arriving at a condition of ostentatious wealth and status.

A critique of American snobbery and wastefulness. It satirizes practices such as 'conspicuous consumption', a pattern of behaviour that still flourishes among us.