useless consumption

See: waste
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Even though Bataille is questioning the very foundations of modern economics, his theory of excess and 'useless consumption' implicitly relies upon them in order to make his argument.
For Veblen, the whole industrial system under monopoly capitalism (or, as he called it, the system of "absentee ownership") was permeated by reckless and useless consumption of human and natural resources, associated with the dominance of pecuniary goals over rational production.