Question

The U.S. has been affected by both Weber's idea of the Protestant Ethic and Veblen's idea of Conspicuous Consumption.

Discuss how these concepts relate to the success of capitalism.

Give examples of how each still operates in the U.S. today.

Veblen argues that Conspicuous Consumption is replacing the Protestant Ethic. What effects do you think this change in values is having/will have on U.S. capitalism?