Hence, businessmen were just the latest manifestation of the leisure class, because businessmen do not produce consumer goods and services, but simply shift them about the market in order to increase the profit yielded by the goods and services. The contemporary businessman, then, is no different from a barbarian, in that he uses prowess (business acumen) and competitive skills (marketing) to make increased sums of money from the conspicuous consumption of the buyers of the goods and services for sale; and then lives off the spoils of economic conquest rather than from producing consumer goods and services, himself. ~from a wikipedia article on the Theory of the Leisure Class by Thorstein Veblen, considered one of the Great Books
Posted on: Tue, 15 Apr 2014 19:00:02 +0000
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