A Quote by Thorstein Veblen
The basis on which good repute in any highly organized industrial community ultimately rests is pecuniary strength; and the means of showing pecuniary strength, and so of gaining or retaining a good name, are leisure and a conspicuous consumption of goods.
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Conspicuous consumption of valuable goods is a means of reputability to the gentleman of leisure.
Three sorts of goods, Aristotle specified, contribute to happiness: goods of the soul, including moral and intellectual virtues and education; bodily goods, such as strength, good health, beauty, and sound senses; and external goods, such as wealth, friends, good birth, good children, good heredity, good reputation and the like.
With the exception of the instinct of self-preservation, the propensity for emulation is probably the strongest and most alert and persistent of the economic motives proper. In an industrial community this propensity for emulation expresses itself in pecuniary emulation; and this, so far as regards the Western civilized communities of the present, is virtually equivalent to saying that it expresses itself in some form of conspicuous waste.
The strength of the nation ultimately depends upon the strength of family and community.
... where does strength come from? It is not muscle strength any more. It is not also mere intellectual strength. What is strength? Strength is the support of the people.
This is the first nation that organized government on the basis of universal liberty with a free Church and a free State. This meant much at the time; it means much now and will continue to be the beacon of light and guidance for ourselves and of other nations. All that is good and practical and wise in the new developments can best be worked out under our form of government without destroying any of the basic principles upon which it rests.
The deeper we look, the more we shall be convinced that the one thing wanting, which we must strive to acquire before all others, is strength strength physical, strength mental, strength moral, but above all strength spiritual which is the one inexhaustible and imperishable source of all the others. If we have strength everything else will be added to us easily and naturally.
Strong, responsible unions are essential to industrial fair play. Without them the labor bargain is wholly one-sided. The parties to the labor contract must be nearly equal in strength if justice is to be worked out, and this means that the workers must be organized and that their organizations must be recognized by employers as a condition precedent to industrial peace.
The taste of the more recent accessions to the leisure class proper and of the middle and lower classes still requires a pecuniary beauty to supplement the aesthetic beauty, even in those objects which are primarily admired for the beauty that belongs to them as natural growths.
Buddhas have a strength which is not of this world. Their strength is totally of love... Like a rose flower or a dewdrop. Their strength is very fragile, vulnerable. Their strength is the strength of life not of death. Their power is not of that which kills; their power is of that which creates. Their power is not of violence, aggression; their power is that of compassion.
The illusion that consumption - and its correlative, income - is desirable probably stems from too great preoccupation with what Knight calls "one-use goods," such as food and fuel, where the utilization and consumption of the good are tightly bound together in a single act or event. ... any economy in the consumption of fuel that enables us to maintain warmth or to generate power with lessened consumption again leaves us better off. ... there is no great value in consumption itself.
Everybody must have projects all the time. The maximum must be extracted from leisure ... The whole of life must look like a job, and by this resemblance conceal what is not yet directly devoted to pecuniary gain.
Pure community is a matter of no interest to any will; but a community which pursues a common good is of supreme interest to all wills; and what we have here said is that whatever the nature of that common good ... it must contain the development of individual powers, as a prior condition for all other goods.
I believe as well that - that American strength is - is essential economic strength, family and value strength, military strength is essential for our own good that these things not only help secure peace for other people but preserve peace for us and - and promise greater prosperity for America.
It draws it's strength, this big secret, from the same root from which I draw my strength, both the good and the bad, because in the end, they cannot be separated.
If you have a good community behind you and a good family supporting you, then, when the buck stops with you, there is the strength of that community and that family to draw upon.
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