In his The Engineers and the Price System, originally published in 1921, Veblen observes that World War One demanded industrial innovations, and he was among the fi rst to predict the need for changes in managerial structure. Veblen saw that industrial output was more dependent upon technocrats-managers and capital innovators-than fi nanciers.
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Thorstein Veblen (1857-1929) was perhaps the most famous American economist and social critic of his time. He taught at the universities of Chicago and Missouri, Stanford University, and the New School for Social Research.
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5.0 out of 5 stars
PLEASE READ THORSTEN VEBLEN!!,
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This review is from: The Engineers and the Price System (Paperback)
Thorsten Veblen writes like a turn of the century lawyer with a snide, subtle, and wicked anger he humorously avoids concealing. His vision of American culture is so sound, so prescient, and so deeply irreverential towards all we hold dear, and he has much to teach us. I read this book because the introduction to The Technological Society, by Jacques Ellul says this book is better. Also because I've been dazzled by Veblen's other works Conspicuous Consumption and The Theory of the Leisure Class. This book, originally published in 1919 or thereabouts, is witnessing the nascent Soviet Union from afar, and the corporate corruption, stilled and consolidated into the Federal Reserve, up close. He sees the wealthy status quo as irrelevant saboteurs (the first chapter defines this term, with his characteristic scrupulosity)to the vital economic health of the country, and decries the advent of corporate takeover. He proposes a 'Soviet of Technicians' which the more optimistic of us could claim as a prediction of the rise of the Sciences in America during the twentieth century. However the final chapter is interpreted in retrospect, it is nonetheless an important commentary about the dynamics between capital and technology during the turn of the century. The bitter anger of his repeated use of the term, just yet, says a lot about his laconic and profound turn of mind. Please, materialists, read Mr. Veblen and find your way out!!!
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First Sentence:
"Sabotage" is a derivative of "sabot," which is French for a wooden shoe. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
incoming directorate, effectual overturn, businesslike control, revolutionary overturn, conscientious withdrawal, corporation financier, businesslike management, technological specialists, tangible performance, absentee ownership, industrial experts, mechanical industry, productive industry, larger sort, underlying population, kept classes, industrial forces, corporation finance, industrial system, mechanical industries Key Phrases - Capitalized Phrases (CAPs): (learn more)
Soviet Russia, Allied Powers, Industrial Revolution New!
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"Sabotage" is a derivative of "sabot," which is French for a wooden shoe. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
incoming directorate, effectual overturn, businesslike control, revolutionary overturn, conscientious withdrawal, corporation financier, businesslike management, technological specialists, tangible performance, absentee ownership, industrial experts, mechanical industry, productive industry, larger sort, underlying population, kept classes, industrial forces, corporation finance, industrial system, mechanical industries Key Phrases - Capitalized Phrases (CAPs): (learn more)
Soviet Russia, Allied Powers, Industrial Revolution New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Surprise Me!
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- On the Nature and Uses of Sabotage by Thorstein Veblen on page 1
- Thorstein Veblen by John Patrick Diggins on 10 pages
- Freedom from Want: American Liberalism and the Idea of the Consumer (New Studies in American Intellectual and Cultural History) by Kathleen G. Donohue on 8 pages
- Freedom from Want: American Liberalism and the Idea of the Consumer (New Studies in American Intellectual and Cultural History) by Kathleen G. Donohue on 8 pages
- The Intellectual Appropriation of Technology: Discourses on Modernity, 1900-1939 by Mikael Hård on 4 pages
- The Economics of the Business Firm: Seven Critical Commentaries by Harold Demsetz on page 42, page 62, and Back Matter
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