The Theory of the Leisure Class

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In The Theory of the Leisure Class: An Economic Study in the Evolution of Institutions (1899), Thorstein Veblen said that the U.S. was imitating the socially static monarchy of the United Kingdom.

The Theory of the Leisure Class: An Economic Study of Institutions (1899), by Thorstein Veblen, is an economic treatise and detailed social critique of conspicuous consumption, as a function of social-class consumerism, which proposes that the social strata and the division of labor of the feudal period continued into the modern era. Veblen’s analyses of business cycles and prices, and of the emergent technocratic division of labor by specialty (scientists, engineers, technologists) at the beginning of the 20th century proved to be accurate predictions of the nature of an industrial society. {{italic tit the end bye i work for the government