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Business, 26.06.2020 15:01 googoo4

Galbraith wrote, "Because the society sets great store by ability to produce a high living standard, it evaluates people by the products they possess. The urge to consume is fathered by the value system which emphasizes the ability of the society to produce. The more that is produced the more that must be owned in order to maintain the appropriate prestige." Would Veblen agree with this statement? Cite evidence from the Veblen reading.

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Galbraith wrote, "Because the society sets great store by ability to produce a high living standard,...
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