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The Place of Science in Modern Civilisation, and Other Essays

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About This Book

The collection of essays examines the ascendancy of empirical science within contemporary culture and its practical and spiritual consequences, offers an evolutionary framing for economics while critiquing its static preconceptions and marginal-utility formulations, and scrutinizes institutions of business, capital, and leisure that shape industrial life. Additional pieces address the character of higher education, socialist theory and Marxist economics, the mechanics of industrial and pecuniary employments, and historical episodes in commercial organization. Interwoven are comparative reflections on cultural and racial ideas as applied to social theory, all presented in an analytical, reforming spirit.

About the Author

Veblen, Thorstein portrait

Thorstein Veblen

Thorstein Veblen was an American economist and sociologist, best known for his critique of capitalism and his analysis of social behavior. His seminal work, "The Theory of the Leisure Class," introduced the concept of conspicuous consumption, exploring how social status is expressed through consumption patterns. Veblen's writings often examined the intersection of economics and culture, emphasizing the role of social institutions in shaping human behavior. In addition to his influential essays, such as "The Place of Science in Modern Civilisation," he contributed significantly to the understanding of industrial society and the dynamics of social classes. His ideas continue to resonate in contemporary discussions of economics and sociology.

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