The Theory of the Leisure Class argues that the rich engage in what, rather than productive industry?

• A. Wasteful display and status-seeking.
• B. Industrial innovation.
• C. Charitable activities.
• D. Political organizing.

Answer: (A)

This idea centers on conspicuous consumption by the wealthy as a way to display status rather than engage in productive work. In Veblen’s view, the rich demonstrate their class through nonproductive, ostentatious spending and displays—what he calls wasteful display and conspicuous leisure—to signal superiority and maintain social distinctions from those who work for a living. This focus on signaling wealth and status, not on producing goods or innovating, is the core point of the theory. The other options describe productive activities, philanthropy, or political aims, which aren’t what the theory emphasizes as the defining behavior of the leisure class.