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Wither Business Ideology: Revisiting Veblen's Theory of Engineers as Revolutionary Actors

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  • Ahmet Öncü

    (Sabancı Üniversitesi, Faculty of Management, Orhanlı Tuzla 34956, Istanbul, Turkey, aoncu@sabanciuniv.edu.tr)

Abstract

Each major work of Veblen is a theoretical step taken further towards the solution of the problem already posed in The Theory of the Leisure Class: the continuity of the habit of invidious comparison that renders humans self-centric agents. Veblen, by juxtaposing “engineers†to the pecuniary class, sought to illustrate a contingency for the negation of invidious comparison, which may eradicate the legitimacy of business ideology and its reckless and futile end of accumulation of personal wealth.

Suggested Citation

  • Ahmet Öncü, 2009. "Wither Business Ideology: Revisiting Veblen's Theory of Engineers as Revolutionary Actors," Review of Radical Political Economics, Union for Radical Political Economics, vol. 41(2), pages 196-215, June.
    • Handle: RePEc:sae:reorpe:v:41:y:2009:i:2:p:196-215
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