The Theory of the Leisure Span Classsearchtermclassspan An Economic Stu

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The Theory of the Leisure Span Classsearchtermclassspan An Economic Stu
Veblen Thorstein
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To these norms is to be added another broad principle of human nature — the predatory animus — which in point of generality and of psychological content lies between the two just named. The effect of the latter in shaping the accepted scheme of life is yet to be discussed.
The canon of reputability, then, must adapt itself to the economic circumstances, the traditions, and the degree of spiritual maturity of the particular class whose scheme of life it is to regulate. It is especially to be not
...ed that however high its authority and how- ever true to the fundamental requirements of reputa- bility it may have been at its inception, a specific formal observance can under no circumstances maintain itself in force if with the lapse of time or on its trans- mission to a lower pecuniary class it is found to run counter to the ultimate ground of decency among civil- ised peoples, namely, serviceability for the purpose of an invidious comparison in pecuniary success.
It is evident that these canons of expenditure have much to say in determining the standard of living for any community and for any class.


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