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)
2820
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
:Emerald Group Publishing Limited
Copyright © 2004, Emerald Group Publishing Limited