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Thorstein Veblen

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The basis on which good repute in any highly organized industrial community ultimately rests is pecuniary strength; and the means of showing pecuniary strength, and so of gaining or retaining a good name, are leisure and a conspicuous consumption of goods.

 
Thorstein Veblen

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

 
Thorstein Veblen
 

(The) pattern of consumption is markedly more equal than in Britain. ‘Prestige-goods’ are widely distributed, and there is less conspicuous contrast between the standard of living of different income-groups. To take the most obvious example, almost every family owns a car; and this is significant not only because a car is the most conspicuous of all consumption goods, but also because universal car-ownership leads to the universal consumption of other conspicuous or semi-luxury goods – holidays, hotels, middle-class habits of shopping, etc. But the lack of external class-distinctions can be observed in many other spheres: e.g. clothes, eating-habits, drug-stores, the ownership of consumer durables, and so on.

 
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The doctrine of redemption is founded on a mere pecuniary idea corresponding to that of a debt which another person might pay; and as this pecuniary idea corresponds again with the system of second redemption, obtained through the means of money given to the Church for pardons, the probability is that the same persons fabricated both the one and the other of those theories; and that, in truth there is no such thing as redemption — that it is fabulous, and that man stands in the same relative condition with his Maker as he ever did stand since man existed, and that it is his greatest consolation to think so.

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

 
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I do not want to see the allies defeated. But I do not consider Hitler to be as bad as he is depicted. He is showing an ability that is amazing and seems to be gaining his victories without much bloodshed. Englishmen are showing the strength that Empire builders must have. I expect them to rise much higher than they seem to be doing.

 
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