The goal of the article is to recall main features of socioeconomic reflection of Thorstein
Veblen. We assume that Veblen’s observations on the transformations of work, financialization,
and monopolization (and even the expansion of intellectual property rights) are
still valuable. Veblen is a respected and worshiped classic thinker of social science, but
also paradoxically forgotten. Forgotten in the sense that his uncompromising critique of
capitalism is often hidden beneath noble labels. This article aims to identify the main
plots of Thorstein Veblen’s critical thinking on society and the economy.