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Thorstein Veblen

Introduction

Thorstein Bunde Veblen, Norwegian-born American economist born in 1857, was one of the first to study certain aspects of conspicuous consumption and pecuniary emulation. His findings and thoughts were ample material for sociologists, psychologists and anthropologists of all ages. In tourism, Veblen was adapted and somewhat misunderstood. More specifically, we hear of tourists as a "leisure class" whose dynamics and demands are based on conspicuous consumption. However, Veblen never thought about the tourists as exponents of the leisure class. In general, this leads to a re-interpretation of this "brilliant" economist in detail and reflective (Shukla, Pp.108 - 129).

Discussion

The paper will be focusing on finding out the place and importance of the leisure class as an economic factor in modern society. However, in practice it was impossible to narrow the consideration of this issue, adhering strictly to the limits set out in this way: the need for some attention is paid to the origin and history of the Institute of Leisure Class, as well as those characteristic features of social life that are not usually added to the economic features. Some aspects of presentation are developed on the basis of data or economic theory of generalized facts of ethnology, which may be somewhat unfamiliar to the reader. The introduction reveals the nature of these theoretical assumptions - just as it was hoped to avoid the ambiguity of presentation. theoretical stance more explicitly has been adopted to set out in a number of articles published in the fourth volume of "American Journal of sociology" under the headings "The instinct of skill and hard labor," "Origins of Property" and "Status of women in the age of barbarism» (American Journal of Sociology ) (Trigg, Pp.99-115). However, the book is not based only on these - some unusual - findings in a way that it is entirely lost its possible value as part of economic theory in the case, if these findings were unusual in presenting the reader not well-founded or not sufficiently respected. It is because of convenience and partly due to the fact that it is not so.

There is a great possibility of incorrect understanding of the phenomena that are familiar to all people, to illustrate or to support the theoretical conclusions drawn directly observable or known facts mainly from everyday life, and not from the little-known and more distant sources. Hopefully, none of the readers will not have a sense of inappropriateness literary or scientific point of view, this appeal to the ordinary facts or of the free, as it may seem at times, operate the primitive phenomena or events which, because of their intimate places in people's lives are often turned out to be unavailable for review from an economic point of view (Gary & Alan, Pp. 36 -72).

Veblen's Theory of Sociology

For Veblen, societies are divided into classes. While there are several of them within a large group, usually they acquire a tendency to become bipolar in three main aspects: production, technology and leisure. Veblen ...