Page:Theory of Business Enterprise, The (Veblen).djvu/401

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THE THEORY OF BUSINESS ENTERPRISE

any form of business venture that advertises or might be induced to advertise.[1]

Taken in the aggregate, the literary output is desired to meet the tastes of that large body of people who are in the habit of buying freely. The successful magazine writers are those who follow the taste of the class to whom they speak, in any aberration (fad, mannerism, or misapprehension) and in any shortcoming of insight or force which may beset that class. They must also conform to the fancies and prejudices of this class as regards the ideals—artistic, moral, religious, or social—for which they speak. The class to which the successful periodicals turn, and which gives tone to periodical literature, is that great body of people who are in moderately easy circumstances. Culturally this means the respectable middle class (largely the dependent business class) of various shades of conservatism, affectation, and snobbery. [2]

On the whole, the literature provided in this way and to this end seems to run on a line of slightly more pronounced conservatism and affectation than the average sentiment of the readers appealed to.

  1. Business enterprises that are not notable advertisers may be roundly eken to task, as, e.g., the Standard Oil Company or the American Sugar Refining Company; and, indeed, it may be shrewd management to abuse these concerns, since such abuse redounds to the periodical's reputation for popular sympathy and independence.
  2. "Snobbery" is here used without disrespect, as a convenient term to denote the element of strain involved in the quest of gentility on the Part of persons whose accustomed social sending is less high or less authentic than their aspirations.