The use of the term "sabotage" by Veblen to describe the relation between business and industry.
A) intimated that efficiency was triumphing in the capitalist economy.
B) defined a situation in which prices and profits were sacrificed for productivity.
C) contends that efficiency was given up for the sake of profits.
D) meant that workers in the different sectors were subject to a hierarchy of labor.
E) none of the above.
Correct Answer:
Verified
Q29: Veblen believed that
A) business thwarts the development
Q30: The late 1800's witnessed structural transformations in
Q31: Thorstein Veblen wrote extensively
A) on the rise
Q32: In Veblen's economic writings he associated the
Q33: The conflict between the traits of workmanship
Q34: According to Veblen the class divided societies
Q36: The institutionalized legitimate force which kept intact
Q37: Veblen's analysis of imperialism in the late
Q38: The concept of "emulative consumption" or consumerism
Q39: The misery of the workers according to
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