According to Veblen, there has been a general trend away from conspicuous consumption and toward conspicuous leisure.

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Thorstein Veblen argued that as societies become wealthier, there is a trend towards both conspicuous consumption (spending on goods and services mainly to display economic power) and conspicuous leisure (displaying one's social status through leisure activities). He did not claim a general trend away from conspicuous consumption towards conspicuous leisure, but rather saw them both as aspects of displaying wealth and status.

According to Veblen, There Has Been a General Trend Away