Economic Disparity results in Mass Veblenian Envy from "summary" of Theory of the Leisure Class by Thorstein Veblen
The economic inequality that exists within society fosters a pervasive sense of dissatisfaction among the lower classes. This discontent stems from the stark contrast between the lavish expenditure of the leisure class and the limited resources available to those further down the social hierarchy. As individuals observe the extravagant displays of wealth exhibited by the elite, they experience a profound sense of longing and resentment. This phenomenon, known as mass Veblenian envy, is characterized by a desire to emulate the consumption patterns of the wealthy in order to attain a higher social status. The lower classes are acutely aware of the material possessions and leisure activities enjoyed by the leisu...
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