Wither Business Ideology: Revisiting Veblen's Theory of Engineers as Revolutionary Actors

Ahmet Öncü
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Ahmet Öncü: Sabancı Üniversitesi, Faculty of Management, Orhanlı Tuzla 34956, Istanbul, Turkey, aoncu@sabanciuniv.edu.tr

Review of Radical Political Economics, 2009, vol. 41, issue 2, 196-215

Abstract: Each major work of Veblen is a theoretical step taken further towards the solution of the problem already posed in The Theory of the Leisure Class: the continuity of the habit of invidious comparison that renders humans self-centric agents. Veblen, by juxtaposing “engineers†to the pecuniary class, sought to illustrate a contingency for the negation of invidious comparison, which may eradicate the legitimacy of business ideology and its reckless and futile end of accumulation of personal wealth.

Keywords: Veblen; ideology; institutional economics (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:sae:reorpe:v:41:y:2009:i:2:p:196-215

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