The Theory of Business Enterprise
E886923
The Theory of Business Enterprise is an influential 1904 work of institutional economics in which Thorstein Veblen analyzes how profit-driven business practices can conflict with and distort the broader industrial and social interests of society.
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
book
ⓘ
economics book ⓘ |
| associatedWithConcept |
business enterprise
ⓘ
machine process ⓘ pecuniary culture ⓘ sabotage of production ⓘ |
| associatedWithSchool | institutional economics ⓘ |
| author | Thorstein Veblen NERFINISHED ⓘ |
| authorBelongsTo | Thorstein Veblen NERFINISHED ⓘ |
| centralClaim |
business interests may distort broader social welfare
ⓘ
corporate control can lead to restriction of output for profit ⓘ economic institutions evolve historically ⓘ modern industry is shaped by pecuniary rather than purely technological considerations ⓘ profit-driven business practices can conflict with industrial efficiency ⓘ |
| countryOfOrigin |
United States of America
ⓘ
surface form:
United States
|
| firstPublishedIn | New York NERFINISHED ⓘ |
| genre | institutional economics ⓘ |
| hasForm |
digital text
ⓘ
printed book ⓘ |
| hasInfluenced |
critical theory of capitalism
ⓘ
heterodox economics ⓘ institutional economics ⓘ sociology of organizations ⓘ |
| language | English ⓘ |
| mainSubject |
business cycles
ⓘ
business enterprise ⓘ capitalism ⓘ conflict between business and industry ⓘ conspicuous consumption ⓘ corporate governance ⓘ credit system ⓘ economic evolution ⓘ economic institutions ⓘ financial markets ⓘ industrial efficiency ⓘ industrial system ⓘ institutional change ⓘ leisure class ⓘ machine process ⓘ pecuniary interests ⓘ profit motive ⓘ sabotage of production ⓘ social consequences of business ⓘ |
| notableFor |
analysis of conflict between business and industry
ⓘ
contribution to institutional economics ⓘ critique of profit-driven capitalism ⓘ |
| publicationCentury | 20th century ⓘ |
| publicationYear | 1904 ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.