With the exception of the instinct of self-preservation…
“With the exception of the instinct of self-preservation, the propensity for emulation is probably the strongest and most alert and persistent of the economic motives proper. In an industrial community this propensity for emulation expresses itself in pecuniary emulation; and this, so far as regards the Western civilized communities of the present, is virtually equivalent to saying that it expresses itself in some form of conspicuous waste.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
People naturally imitate others, especially in consumption, turning it into a status‑driven wasteful competition.
In simple terms: People copy each other, leading to wasteful spending.
Recognize and curb status‑driven consumption.
Themes
Mood
Type
When to use this quote
- marketing strategies
- personal finance
- urban planning
- environmental policy
Key Concepts
Questions to Reflect On
- How does imitation shape your spending?
- Can imitation be redirected positively?
Emulation can also foster innovation, not just waste.