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Quotation from The Theory of the Leisure Class by Thorstein Veblen

“Ownership began and grew into a human institution on grounds unrelated to the subsistence minimum.”

Thorstein Veblen (spoken by Veblen)

The Theory of the Leisure Class, Chapter Two, Pecuniary Emulation (Project Gutenberg text)

Portrait of Thorstein Veblen

Veblen argues that the motive of accumulation is invidious distinction, not physical need.

Citation: "Ownership began and grew into a human institution on grounds unrelated to the subsistence minimum." — Thorstein Veblen, The Theory of the Leisure Class, Chapter Two, Pecuniary Emulation (Project Gutenberg text). (id veblen-theory-of-the-leisure-class-q2)

Portrait: Veblen3a, Unknown, Public domain.

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Quote card: Ownership began and grew into a human institution on grounds unrelated to the su