Abstract

Thorstein Veblen witnessed significant changes in the American political, economic, and cultural landscape. Industrialization replaced agriculture as the primary source of income for the American economy. Urban population centers flourished, and across the country, politicians debated social justice initiatives. The writings of the ‘muckrakers’ informed and mobilized the general public to action regarding unfair business practices and corrupt political elites. Veblen also witnessed the rise of the corporation and spread of unprecedented economic disparities.

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