The appointed thing comes at the appointed time in the appointed way.—Myrtle Reed, 1910
The term leisure, as I use it, does not connote indolence or quiescence. What it connotes is nonproductive consumption of time. Time is consumed nonproductively (1) from a sense of the unworthiness of productive work, and (2) as an evidence of pecuniary ability to afford a life of idleness.
But the whole of the life of the gentleman of leisure is not spent before the eyes of the spectators who are to be impressed with that spectacle of honorific leisure which in the ideal scheme makes up his life. For some part of the time his life is perforce withdrawn from the public eye, and of this portion which is spent in private the gentleman of leisure should, for the sake of his good name, be able to give a convincing account. He should find some means of putting in evidence the leisure that is not spent in the sight of the spectators. This can be done only indirectly, through the exhibition of some tangible, lasting results of the leisure so spent—in a manner analogous to the familiar exhibition of tangible, lasting products of the labor performed for the gentleman of leisure by handicraftsmen and servants in his employ.
The lasting evidence of productive labor is its material product—commonly some article of consumption. In the case of exploit it is similarly possible and usual to procure some tangible result that may serve for exhibition in the way of trophy or booty. At a later phase of the development it is customary to assume some badge or insignia of honor that will serve as a conventionally accepted mark of exploit, and which at the same time indicates the quantity or degree of exploit of which it is the symbol. As the population increases in density and as human relations grow more complex and numerous, all the details of life undergo a process of elaboration and selection; and in this process of elaboration the use of trophies develops into a system of rank, titles, degrees, and insignia, typical examples of which are heraldic devices, medals, and honorary decorations.
As seen from the economic point of view, leisure, considered as an employment, is closely allied in kind with the life of exploit, and the achievements which characterize a life of leisure, and which remain as its decorous criteria, have much in common with the trophies of exploit. But leisure in the narrower sense, as distinct from exploit and from any ostensibly productive employment of effort on objects which are of no intrinsic use, does not commonly leave a material product. The criteria of a past performance of leisure therefore commonly take the form of “immaterial” goods. Such immaterial evidences of past leisure are quasi-scholarly or quasi-artistic accomplishments and a knowledge of processes and incidents which do not conduce directly to the furtherance of human life. So, for instance, in our time there is the knowledge of the dead languages and the occult sciences, of correct spelling, of syntax and prosody, of the various forms of domestic music and other household arts, of the latest proprieties of dress, furniture, and equipage, of games, sports, and fancy-bred animals such as dogs and racehorses. In all these branches of knowledge the initial motive from which their acquisition proceeded at the outset, and through which they first came into vogue, may have been something quite different from the wish to show that one’s time had not been spent in industrial employment, but unless these accomplishments had approved themselves as serviceable evidence of an unproductive expenditure of time, they would not have survived and held their place as conventional accomplishments of the leisure class.
From The Theory of the Leisure Class. Born in 1857 to two Norwegian farmers in Manitowoc County, Wisconsin, the sixth of twelve children, Veblen received his PhD from Yale University in 1884 but then failed to secure a teaching position, in part because he was an avowed agnostic. In 1892 he found a place for himself at the University of Chicago, where he remained until 1906, publishing in the middle of that period his first, and best-known, book in which he coined the terms conspicuous consumption, pecuniary emulation, and honorific waste.