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Veblen, Thorstein, 1857-1929

"Theory of the Leisure Class"


Social advance, especially as seen from the point of view of
economic theory, consists in a continued progressive approach to
an approximately exact "adjustment of inner relations to outer
relations", but this adjustment is never definitively
established, since the "outer relations" are subject to constant
change as a consequence of the progressive change going on in the
"inner relations." But the degree of approximation may be
greater or less, depending on the facility with which an
adjustment is made. A readjustment of men's habits of thought to
conform with the exigencies of an altered situation is in any
case made only tardily and reluctantly, and only under the
coercion exercised by a stipulation which has made the accredited
views untenable. The readjustment of institutions and habitual
views to an altered environment is made in response to pressure
from without; it is of the nature of a response to stimulus.
Freedom and facility of readjustment, that is to say capacity for
growth in social structure, therefore depends in great measure on
the degree of freedom with which the situation at any given time
acts on the individual members of the community-the degree of
exposure of the individual members to the constraining forces of
the environment.


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