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Inherited Wealth perpetuates Social Division from "summary" of Theory of the Leisure Class by Thorstein Veblen

The issue of inherited wealth is a contentious one. It serves to perpetuate social division by maintaining a stark distinction between the "leisure class" and the rest of society. This inherited wealth allows the leisure class to live a life of luxury and idleness, while the lower classes toil away to make ends meet. The wealth passed down from generation to generation within the leisure class ensures that they remain at the top of the social hierarchy. This creates a sense of superiority and entitlement among the leisure class, further widening the gap between them and the lower ...
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    Theory of the Leisure Class

    Thorstein Veblen

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