Thorstein Veblen face to the First World War

Thorstein Veblen face à la première guerre mondiale

Olivier Brette () and Alexandre Chirat ()
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Olivier Brette: INSA Lyon - Institut National des Sciences Appliquées de Lyon - Université de Lyon - INSA - Institut National des Sciences Appliquées, TRIANGLE - Triangle : action, discours, pensée politique et économique - ENS de Lyon - École normale supérieure de Lyon - Université de Lyon - UL2 - Université Lumière - Lyon 2 - IEP Lyon - Sciences Po Lyon - Institut d'études politiques de Lyon - Université de Lyon - UJM - Université Jean Monnet - Saint-Étienne - CNRS - Centre National de la Recherche Scientifique
Alexandre Chirat: CRESE - Centre de REcherches sur les Stratégies Economiques (UR 3190) - UFC - Université de Franche-Comté - UBFC - Université Bourgogne Franche-Comté [COMUE], TRIANGLE - Triangle : action, discours, pensée politique et économique - ENS de Lyon - École normale supérieure de Lyon - Université de Lyon - UL2 - Université Lumière - Lyon 2 - IEP Lyon - Sciences Po Lyon - Institut d'études politiques de Lyon - Université de Lyon - UJM - Université Jean Monnet - Saint-Étienne - CNRS - Centre National de la Recherche Scientifique

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Abstract: This paper analyzes the foundations and implications of Thorstein Veblen's interpretation of World War One, through the lens of his project for an institutional and evolutionary economics. It first points out the anthropological and institutional foundations of war which Veblen highlights throughout his history of societies. It then emphasizes the institutional conditions, in the technological, economic and political fields, in which, according to him, WWI is rooted. In this perspective, the Great War appears as the outcome of a singular historical situation characterized by the combination of mechanization, big enterprises based on absentee ownership and imperialism. Finally, our interpretation allows us to make clear Veblen's analysis of the conditions required for the establishment of a lasting peace and the criticisms he addresses to Keynes' (1920) essay.

Keywords: Veblen; First World War; Institutions; Enterprise; Imperialism; Patriotism; Première Guerre mondiale; institutions; entreprise; impérialisme; patriotisme (search for similar items in EconPapers)
Date: 2020-12-23
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Published in Revue d'histoire de la pensée économique, 2020, Revue d’histoire de la pensée économique, 2020 – 2 (10), pp.141-175. ⟨10.15122/isbn.978-2-406-11064-4.p.0141⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-03087706

DOI: 10.15122/isbn.978-2-406-11064-4.p.0141

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