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The Instinct Of Workmanship, And The State Of Industrial Arts
by Thorstein Veblen
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One of the great thinkers of the early 20th century, American economist and sociologist THORSTEIN BUNDE VEBLEN (1857-1929) is best remembered for coining the phrase "conspicuous consumption." This 1914 volume is considered by some Veblen's most important work, showcasing the underpinnings of his theories and speculations. Here, Veblen explores... . the battle between instinct and habit . how instinct shaped primitive technologies . how modern industrial arts reflect a collective instinct . the technology of the "predatory culture" . the differences between "peaceable ownership" and the "competitive system" . and more. ALSO FROM COSIMO: Veblen's The Vested Interests and the Common Man, The Theory of Business Enterprise, Imperial Germany and the Industrial Revolution, An Inquiry into the Nature of Peace and the Terms of Its Perpetuation, and The Engineers and the Price System
In the ordinary course, it should seem, such an advance in the industrial arts as will result in an accumulation of wealth, a considerable and efficient industrial equipment, or in a systematic and permanent cultivation of the soil or an extensive breeding of herds or flocks, will also bring on ownership and property rights bearing on these valuable goods, or on the workmen, or on the land employed in their production. What has seemed the most natural and obvious beginnings of property rights, in the view of those economists who have taken an interest in the matter, is the storing up of valuables by such of the ancient workmen as were enabled, by efficiency, diligence or fortuitous gains, to produce somewhat more than their current consumption.
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