Definition of Conspicuous Consumption
Example of Conspicuous Consumption
- Veblen goods, which are products that are in demand primarily because of their high price and serve as status symbols. Examples of Veblen goods include designer handbags, jewelry, and luxury cars.
Conspicuous Consumption Pronunciation
- IPA Pronunciation
- Syllabification: (con·spic·u·ous con·sump·tion)
- Plural: conspicuous consumptions
- Term coined by Thorstein Veblen (1857–1929) in The Theory of the Leisure Class: An Economic Study in the Evolution of Institutions (1899).
- Conspicuous leisure, also coined by Veblen, is the demonstration of one’s high status through the pursuit of leisure or nonproductive activities.
- Conspicuous waste refers to destroying valuable goods (e.g., potlatch) to demonstrate status.
- Economic Sociology Resources – Books, Journals, and Helpful Links
- Word origin of “conspicuous” and “consumption” – Online Etymology Dictionary: etymonline.com
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Wikipedia contributors. (N.d.) Wiktionary, The Free Dictionary. Wikimedia Foundation. (http://en.wiktionary.org).
ASA – American Sociological Association (5th edition)
Bell, Kenton, ed. 2013. “conspicuous consumption.” In Open Education Sociology Dictionary. Retrieved August 24, 2019 (https://sociologydictionary.org/conspicuous-consumption/).
APA – American Psychological Association (6th edition)
conspicuous consumption. (2013). In K. Bell (Ed.), Open education sociology dictionary. Retrieved from https://sociologydictionary.org/conspicuous-consumption/
Chicago/Turabian: Author-Date – Chicago Manual of Style (16th edition)
Bell, Kenton, ed. 2013. “conspicuous consumption.” In Open Education Sociology Dictionary. Accessed August 24, 2019. https://sociologydictionary.org/conspicuous-consumption/.
MLA – Modern Language Association (7th edition)
“conspicuous consumption.” Open Education Sociology Dictionary. Ed. Kenton Bell. 2013. Web. 24 Aug. 2019. <https://sociologydictionary.org/conspicuous-consumption/>.