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Author: Charles Camic Publisher: Harvard University Press ISBN: 0674659724 Category : Business & Economics Languages : en Pages : 505
Book Description
A bold new biography of the thinker who demolished accepted economic theories in order to expose how people of economic and social privilege plunder their wealth from society’s productive men and women. Thorstein Veblen was one of America’s most penetrating analysts of modern capitalist society. But he was not, as is widely assumed, an outsider to the social world he acidly described. Veblen overturns the long-accepted view that Veblen’s ideas, including his insights about conspicuous consumption and the leisure class, derived from his position as a social outsider. In the hinterlands of America’s Midwest, Veblen’s schooling coincided with the late nineteenth-century revolution in higher education that occurred under the patronage of the titans of the new industrial age. The resulting educational opportunities carried Veblen from local Carleton College to centers of scholarship at Johns Hopkins, Yale, Cornell, and the University of Chicago, where he studied with leading philosophers, historians, and economists. Afterward, he joined the nation’s academic elite as a professional economist, producing his seminal books The Theory of the Leisure Class and The Theory of Business Enterprise. Until late in his career, Veblen was, Charles Camic argues, the consummate academic insider, engaged in debates about wealth distribution raging in the field of economics. Veblen demonstrates how Veblen’s education and subsequent involvement in those debates gave rise to his original ideas about the social institutions that enable wealthy Americans—a swarm of economically unproductive “parasites”—to amass vast fortunes on the backs of productive men and women. Today, when great wealth inequalities again command national attention, Camic helps us understand the historical roots and continuing reach of Veblen’s searing analysis of this “sclerosis of the American soul.”
Author: Charles Camic Publisher: Harvard University Press ISBN: 0674659724 Category : Business & Economics Languages : en Pages : 505
Book Description
A bold new biography of the thinker who demolished accepted economic theories in order to expose how people of economic and social privilege plunder their wealth from society’s productive men and women. Thorstein Veblen was one of America’s most penetrating analysts of modern capitalist society. But he was not, as is widely assumed, an outsider to the social world he acidly described. Veblen overturns the long-accepted view that Veblen’s ideas, including his insights about conspicuous consumption and the leisure class, derived from his position as a social outsider. In the hinterlands of America’s Midwest, Veblen’s schooling coincided with the late nineteenth-century revolution in higher education that occurred under the patronage of the titans of the new industrial age. The resulting educational opportunities carried Veblen from local Carleton College to centers of scholarship at Johns Hopkins, Yale, Cornell, and the University of Chicago, where he studied with leading philosophers, historians, and economists. Afterward, he joined the nation’s academic elite as a professional economist, producing his seminal books The Theory of the Leisure Class and The Theory of Business Enterprise. Until late in his career, Veblen was, Charles Camic argues, the consummate academic insider, engaged in debates about wealth distribution raging in the field of economics. Veblen demonstrates how Veblen’s education and subsequent involvement in those debates gave rise to his original ideas about the social institutions that enable wealthy Americans—a swarm of economically unproductive “parasites”—to amass vast fortunes on the backs of productive men and women. Today, when great wealth inequalities again command national attention, Camic helps us understand the historical roots and continuing reach of Veblen’s searing analysis of this “sclerosis of the American soul.”
Author: David A. Reisman Publisher: Edward Elgar Publishing ISBN: 0857932195 Category : Business & Economics Languages : en Pages : 353
Book Description
'Fascination with the economics of Thorstein Veblen is today no less than it was fifty years ago. Many books have been written about his life and ideas. But David Reisman breaks new ground by providing one of the best and most comprehensive explainations of Veblen's thought. Written in a strikingly fresh and lucid style, this work is one of the landmarks of the literature on this great and enduringly relevant economist.' Geoffrey M. Hodgson, University of Hertfordshire, UK 'Considering the inability of conventional economics to comprehend the socio-economic convulsions over the past few years in so many countries, it is surely time to try something else. David Reisman's The Social Economics of Thorstein Veblen thus appears at a most opportune moment. This original analytical study is the best introduction into Veblen's work that I know of, and will, I trust, encourage a renewal of interest in possibly the most unjustly neglected of economists. Reisman's primary contention that there is despite obstacles to comprehension created by Veblen's personal idiosyncrasies and unconventional literary style a Veblen structure of thought, or general system, is fully confirmed by the evidence presented in his book. In this demonstration lies its great merit.' Samuel Hollander, Ben-Gurion University of the Negev, Israel 'Veblen is a notoriously difficult economist to read and understand. He was, however, unequivocal in his scorn for neoclassical economics, whose demise he took pleasure in predicting. In light of the limp excuses offered by the economics profession for its failure to anticipate the current global financial crisis, Reisman's incisive analysis of Veblen's writings suggests that were Veblen alive today, he would be revelling in schadenfreude. This timely book will make uncomfortable reading for neoclassical economists.' Douglas Mair, Heriot-Watt University, UK 'Reisman offers a brilliant distillation of Veblen's jaundiced purview of the social, psychological and pecuniary motivations that have driven man the social animal in his economic life down the ages, from noble savage to predatory barbarian in his ancient, modern, and potential guises. Avoiding hagiography, this book exposes Veblen's exaggerations as well as his compelling institutional insights into the evolution of capitalism and socialism. Reisman's own intellectual sweep in explaining and criticising Veblen demonstrate political economy at its best.' Roger Sandilands, University of Strathclyde, UK Thorstein Veblen was a multidisciplinary social scientist whose original insights continue to inspire debate. Rather than focusing on allocation, markets and scarcity, his perspective on economics was rather one of Darwinian evolution and perpetual development, unfolding conventions and interpersonal constraints. This interdisciplinary and comprehensive book determines that Veblen's disparate theories of conspicuous consumption, imperial Germany, the giant corporation and the speculation-led cycle all add up to a consistent and coherent world-view. Veblen was a fascinating author who deserves to be read for himself. This penetrating new interpretation demonstrates that he also identified a serious threat to property and peace in the form of irresponsible finance and frustrated workmanship. He believed corporate capitalism was at risk from its internal contradictions. This lucid book assesses the logic behind Veblen's stark and apocalyptic vision. The Social Economics of Thorstein Veblen examines all of Veblen's books and articles, revealing that they are closely integrated to form an organic whole. It will prove valuable for scholars and students interested in sociological theory, politics and political economy, history and institutional economics.
Author: Sidney Plotkin Publisher: Yale University Press ISBN: 0300159994 Category : Social Science Languages : en Pages : 289
Book Description
Thorstein Veblen is best known for his authorship of The Theory of the Leisure Class and The Theory of Business Enterprise, which made him a celebrated figure in the fields of economics and sociology at the turn of the twentieth century. In this book, Sidney Plotkin and Rick Tilman argue that in addition to his well-known work in these fields Veblen also made important—and until now overlooked—statements about politics. While Veblen's writings seldom mention politics, they are saturated with political ideas: about the relationship among war, executive power, and democracy; about the similarities between modern executive positions and monarchy; about the political influence of corporate power; about the symbolism of politics; and about many other issues. By demonstrating the deep relevance of Veblen's writings to today's political troubles, The Political Ideas of Thorstein Veblen offers an important reconsideration of a major American thinker.
Author: Thorstein Veblen Publisher: The Floating Press ISBN: 1775411249 Category : Business & Economics Languages : en Pages : 472
Book Description
Considered the first in-depth critique of consumerism, economist Thorstein Veblen's 1899 book The Theory of the Leisure Class has come to be regarded as one of the great works of economic theory. Using contemporary and anthropological accounts, Veblen held that our economic and social norms are driven by traces of our early tribal life, rather than ideas of utility.
Author: Thorstein Veblen Publisher: Penguin UK ISBN: 0141964316 Category : Business & Economics Languages : en Pages : 83
Book Description
With its wry portrayal of a shallow, materialistic 'leisure class' obsessed by clothes, cars, consumer goods and climbing the social ladder, this withering satire on modern capitalism is as pertinent today as when it was written over a century ago.
Author: Thorstein Veblen Publisher: Transaction Publishers ISBN: 9781412837934 Category : Philosophy Languages : en Pages : 404
Book Description
Thorstein Veblen's brilliant analysis about the pursuit of perpetual peace is necessary reading material for sociologists, philosophers, political scientists, economists, military specialists, and government officials.
Author: Rick Tilman Publisher: Praeger ISBN: 9780313299469 Category : Education Languages : en Pages : 302
Book Description
Scholars attempting to place Veblen in a particular intellectual tradition will only succeed in reaping frustration and confusion until it is recognized that he was primarily ^Isui generis^R and eclectic. This is the recurring theme that is made explicit in the introduction, conclusion, and some of the chapters of this work. Veblen was a thinker of such depth and power that he was able to create his own intellectual paradigm. The result of his endeavors is that more than a few intellectuals including his followers, the institutional economists, have spent their careers trying to understand the paradigm and to develop it in several directions for their own purposes.
Author: Elizabeth Jorgensen Publisher: Routledge ISBN: 1351539140 Category : Business & Economics Languages : en Pages : 301
Book Description
A definitive biography of the man who coined the expression "conspicuous consumption". Based on newly released archival sources, this book sets the facts straight on more than 60 years of myths and misinformation concerning the highly regarded economist and sociologist.
Author: Tae-Hee Jo Publisher: Routledge ISBN: 1317631447 Category : Business & Economics Languages : en Pages : 338
Book Description
John F. Henry is an eminent economist who has made important contributions to heterodox economics drawing on Adam Smith, Karl Marx, Thorstein Veblen, and John Maynard Keynes. His historical approach offers radical insights into the evolution of ideas (ideologies and theories) giving rise to and/or induced by the changes in capitalist society. Essays collected in this festschrift not only evaluate John Henry’s contributions in connection to Marx’s and Veblen’s theories, but also apply them to the socio-economic issues in the 21st century. In Part I leading heterodox economists in the traditions of Marxism, Post Keynesianism, and Institutionalism critically examine Marx’s and Veblen’s theoretical frameworks (and their connections to each other) that have become the foundations of heterodox economics. Chapters in Part II showcase alternative theoretical explanations inspired by Marx, Veblen, and Henry. Topics in this Part include financial crisis, financialization, capital accumulation, economics teaching, and the historical relationship between money and class society. Part III is devoted to John Henry’s heterodox economics encapsulated in his "farewell" lecture, interview, and bibliography. Essays in this book, individually and collectively, make an important point that the history of economic thought (or historical analysis of economic theory and policy) is an integral part of developing heterodox economics as an alternative theoretical framework. Anyone who is troubled by the recurring failure of capitalism as well as mainstream economics will find this book well worth reading.
Author: Charles Camic
Author: Charles Camic
Author: David A. Reisman
Author: Sidney Plotkin
Author: Thorstein Veblen
Author: Thorstein Veblen
Author: Thorstein Veblen
Author: Scott Bowman
Author: Rick Tilman
Author: Elizabeth Jorgensen
Author: Tae-Hee Jo