veblen Synonyms
No Synonyms and anytonyms found
veblen Meaning
Wordnet
veblen (n)
United States economist who wrote about conspicuous consumption (1857-1929)
United States mathematician (1880-1960)
veblen Sentence Examples
- The VeBlen effect posits that demand for certain goods actually increases with price.
- Conspicuous consumption refers to the purchase of luxury goods to attain social status, as described by Thorstein Veblen.
- Veblen's theory of leisure class consumption emphasizes the importance of leisure time as a status symbol.
- Veblen argued that the pursuit of wealth and consumption was often driven by social emulation and the desire to outdo others.
- The VeBlen curve illustrates the positive relationship between price and demand for certain prestige goods.
- Veblen believed that capitalism tended to create a class of rentiers who lived off the surplus labor of others.
- Veblen's work influenced economists, sociologists, and social critics, shaping understandings of class and consumption.
- The concept of conspicuous waste, where individuals consume goods solely to demonstrate wealth, was first proposed by Veblen.
- Veblen argued that the leisure class promoted the idea of "conspicuous leisure," using leisure time to flaunt their social status.
- Veblen's writings on the "trained incapacity" of the ruling class highlighted their lack of practical skills due to their privileged upbringing.
FAQs About the word veblen
United States economist who wrote about conspicuous consumption (1857-1929), United States mathematician (1880-1960)
No synonyms found.
No antonyms found.
The VeBlen effect posits that demand for certain goods actually increases with price.
Conspicuous consumption refers to the purchase of luxury goods to attain social status, as described by Thorstein Veblen.
Veblen's theory of leisure class consumption emphasizes the importance of leisure time as a status symbol.
Veblen argued that the pursuit of wealth and consumption was often driven by social emulation and the desire to outdo others.
