New York City
It’s New York City, 1900 and out-of-work economics professor Thorstein Veblen takes his Theory of the Leisure Class to the Fifth Avenue Vaudeville Theatre stage. He announces that to facilitate the promotion and sale of his recently published economic treatise, he has engaged several unemployed actors to present a musical demonstration of his socio-economic theory. He introduces the heroine of his story, Ellen Potts, a soon-to-be-heiress, with an overdeveloped social conscience. Veblen’s demonstration takes Ellen through courtship, marriage, and the pursuit of her dream of social justice for the poor of New York — and ultimately into conflict with Veblen’s vision of a Conspicuously Consuming and Status Driven American Society.