Скачать или смотреть Thorstein Veblen: The Economist Who Exposed Conspicuous Consumption

Modern consumer culture did not begin with social media, luxury brands, or influencer lifestyles. Over a century ago, Thorstein Veblen explained why people buy to impress, compete, and signal status. In this episode of "Vault of Moneta", we explore how Veblen exposed the hidden psychology behind spending through his theory of conspicuous consumption. By connecting wealth, status, and social competition, this video reveals why people often spend irrationally—and how these patterns still dominate modern economies.

If you’re interested in financial history, behavioral economics, or understanding why people overspend, this video uncovers the social forces behind consumption. You’ll learn how Veblen linked luxury, class, and competition, why wasteful spending became a symbol of success, and how his ideas explain modern advertising and social media culture. This episode is perfect for viewers who want to see money from a psychological and historical perspective.

Thorstein Veblen, conspicuous consumption, financial history, behavioral economics, consumer culture, history of economics, status spending, luxury goods psychology, Veblen effect, economic sociology, vault of moneta, finance and history

00:00 – Why people buy to impress
00:49 – Who was Thorstein Veblen?
01:54 – The theory of conspicuous consumption
03:09 – Status, class, and spending
04:25 – The Veblen effect explained
05:41 – Advertising and social pressure
06:57 – Modern examples of status spending
08:10 – Final lessons on consumer behavior

Thorstein Veblen,conspicuous consumption,financial history,behavioral economics,consumer culture,status spending,Veblen effect,history of economics,luxury goods,psychology of money,finance documentary,history documentary,vault of moneta

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Disclaimer:
This video is created for educational and documentary purposes only. It presents historical interpretation based on scholarly research and academic sources. The content does not provide financial, legal, or investment advice and does not promote political or ideological views. Visuals and reconstructions are illustrative and not exact representations and are intended solely to explore economic ideas, consumer behavior, and financial history.