Thorstein Veblen’s Theory of the Leisure Class—A Status Update
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On luxury beliefs
Share Give a gift subscription I was bewildered when I encountered a new social class at Yale four years ago: the luxury belief class.1 My confusion wasn’t surprising given my unusual background. When I was three years old2, my mother was addicted to drugs and my father abandoned us. I grew up in multiple foster homes, was then adopted into a series of broken homes, and then experienced a series of family tragedies. Later, after a few years in the military, I went to Yale on the GI Bill. On campus, I realized that luxury beliefs have become fashionable status symbols. Luxury beliefs are…
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