Veblen, an inveterate reader of ethnographies, noticed a historical pattern that could illuminate America's peculiar relationship with its economic institutions. Societies everywhere fall between two extremes. First, there are societies in which every person works, and no one is demeaned by his or her toil. In these societies, individuals pride themselves on their workmanship, and they exhibit a natural concern for the welfare of their entire community. As examples of such "productive"...
Published on March 08, 2010 18:06