Conspicuous Consumption highlights Power and Wealth from "summary" of Theory of the Leisure Class by Thorstein Veblen
Conspicuous Consumption is a manifestation of power and wealth. The display of material possessions serves as a means for individuals to assert their social standing and dominance over others. Through the exhibition of luxury goods and extravagant lifestyles, the leisure class distinguishes itself as superior to those of lower social ranks. This display of wealth is not merely for personal enjoyment or utility, but rather as a form of competitive display to signal one's status within the social hierarchy. Veblen argues that conspicuous consumption is driven by the desire for pecuniary emulation, where individuals seek to emulate the consumption patterns of those above them in the social ladder. By acquiring and displaying goods that are considered pres...
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