Victor Lebow was a 20th-century economist and retail analyst, perhaps best known for his quotation regarding the formulation of American consumer capitalism found in his paper "Price Competition in 1955" (Journal of Retailing, Spring 1955). Modern authors disagree as to whether Lebow was encouraging and prescribing conspicuous consumption or grimly acknowledging and critiquing its prevalence among American consumers.
Read more about Victor Lebow: Biography, Price Competition in 1955, See Also
Famous quotes containing the word victor:
“The struggle alone pleases us, not the victory. We love to see animals fighting, not the victor raving over the vanquished.... It is the same in gambling, and the same in the search for truth.... We never seek things for themselves—what we seek is the very seeking of things.”
—Blaise Pascal (1623–1662)