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Conspicuous Consumption serves as a Form of Social Control from "summary" of Theory of the Leisure Class by Thorstein Veblen

Conspicuous consumption, as a social phenomenon, plays a crucial role in maintaining the existing social structure and hierarchy. By engaging in extravagant and wasteful displays of wealth, the leisure class effectively asserts its dominance and enforces social control over the lower classes. This conspicuous consumption serves as a form of communication, sending a clear message to others about one's social status and power within the community. The leisure class utilizes conspicuous consumption as a tool for distinguishing themselves from the lower classes and solidifying their position at the top of the social hierarchy. By flaunting their wealth through lavish displays of material possessions and extravagant leisure activities, they reinforce the perception of their superiority a...
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    Theory of the Leisure Class

    Thorstein Veblen

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