Theory of Business Enterprise

  title={Theory of Business Enterprise},
  author={Thorstein Bunde Veblen}
Veblen has been claimed and rejected both by sociologists and economists as being one of theirs. He enriched and attacked both disciplines, as he did so many others: philosophy, history, social psychology, politics, and linguistics. Because he took all knowledge as necessary and relevant to adequate understanding, Veblen was a holistic analyst of the social process. First published in 1904, this classic analysis of the U.S. economy has enduring value today. In it, Veblen posited a theory of… 

Veblen's critique of political economy

Thorstein Veblen has been considered more often among sociologists than among economists. The partitioning of knowledge into different fields happens to be self-reflexively suggested by the

Activist management : the institutional economics of Henry S. Dennison

Henry S. Dennison was a progressive Boston business man and economic analyst who, in both his private and public activities in the first half of the twentieth century, demonstrated an activist

Veblen’s Institutionalist Elaboration of Rent Theory

As the heirs to classical political economy and the German historical school, the American institutionalists retained rent theory and its corollary idea of unearned income. More than any other

A Critique of A Marxist Critique Of Thorstein Veblen

  • A. Mouhammed
  • Economics
    American Review of Political Economy
  • 2008
Over his career, Thorstein Veblen provided the economics profession with a magnificent economic theory which later proved superior to other economic theories. His principle theory concerns the

Thorstein Veblen’s Theory of Business Competition

Although almost all dimensions of Thorstein Veblen's analysis of modern capitalism have attracted adequate attention, his theory of business or market competition that lies in the heart of his

Thorstein B. Veblen’s Philosophy of Technology and Modern Capitalism

Thorstein Bunde Veblen, known as an American institutional economist and social critic (1857–1929), obtained his Ph.D. degree in philosophy from Yale University in 1884 and critically examined the

Veblen’s Theory of Finance Capitalism and Contemporary Corporate America

One of the myths of U.S. capitalism is that major economic organizations (corporations) exist principally to develop and produce products and services for the benefit and use of consumers and other

Victor Branford and the Building of British Sociology

Victor Branford was a central figure in the institutional development of British sociology in the first thirty years of the twentieth century. He is, however, a neglected figure and little is known

The Business Enterprise in the Age of Money Manager Capitalism

Abstract: Thorstein Veblen's going concern theory of the business enterprise has been widely received by heterodox economists. Since Veblen's era, the capitalist social provisioning process has

The disnature of the firm: how did we end up here?

In the beginning European Christianity’s seeds of self-scrutiny and individual liberty blossomed into the Enlightenment.1 The spirit of inquiry hovered over the waters, and thinkers from all walks of