@ooli to A Boring Dystopia • 5 months agoNow we know how much it costs to make a $2,800 Dior bagwww.businessinsider.comexternal-linkmessage-square60arrow-up1275arrow-down14file-text
arrow-up1271arrow-down1external-linkNow we know how much it costs to make a $2,800 Dior bagwww.businessinsider.com@ooli to A Boring Dystopia • 5 months agomessage-square60file-text
minus-square@Duamerthraxlink11•5 months agoYeah, idiots wear this shit because of the price tag. Not despite it.
minus-square@chonglibloodsportlink9•5 months agoYes, these are Veblen goods. People buy them to signal status. The more expensive they are — and the more conspicuous they look — the stronger the signal they send.
Yeah, idiots wear this shit because of the price tag. Not despite it.
Yes, these are Veblen goods. People buy them to signal status. The more expensive they are — and the more conspicuous they look — the stronger the signal they send.