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Thorstein Veblen's ideas regarding capitalism, particularly as expressed through his view of the American upper classes of the time, are examined. The work of Veblen himself, as well as other, later economic theorists, is discussed. Particular attention is paid to how Veblen's ideas can be applied to today's social economy, especially where globalization and inequality are concerned.
International Journal of Social Economics – Emerald Publishing
Published: Nov 1, 2004
Keywords: Capitalist systems; Globalization
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