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Globalization and inequality according to Veblen

Donald C. Wellington (Department of Economics, University of Cincinnati, Cincinnati, Ohio, USA)
Sourushe Zandvakili (Department of Economics, University of Cincinnati, Cincinnati, Ohio, USA)

International Journal of Social Economics

ISSN: 0306-8293

Article publication date: 1 November 2004

Abstract

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.

Keywords

Citation

Wellington, D.C. and Zandvakili, S. (2004), "Globalization and inequality according to Veblen", International Journal of Social Economics, Vol. 31 No. 11/12, pp. 1061-1070. https://doi.org/10.1108/03068290410561177

Publisher

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Emerald Group Publishing Limited

Copyright © 2004, Emerald Group Publishing Limited