Veblen argued that a person's worth and honor in modern times was linked to their ability to pay, i.e., their wealth and possessions.

Name: Veblen argued that a person's worth and honor in modern times was linked to their ability to pay, i.e., their wealth and possessions.
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Veblen's theory of the leisure class suggests that social status and honor are linked to wealth and the display of possessions, a concept known as "conspicuous consumption."

Veblen Argued That a Person's Worth and Honor in Modern