Ancestors

Written by blakestacey@awful.systems on 2024-09-23 at 05:31

Stubsack: weekly thread for sneers not worth an entire post, week ending Sunday 29 September 2024

https://awful.systems/post/2447490

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Written by blakestacey@awful.systems on 2024-09-23 at 05:41

From an article about a boutique brand that sells books to rich people:

Assouline has made its name publishing tomes that sell for $1,000 or more.

Oh, so they publish textbooks.

“They represent stealth wealth, intended to tell you what your hosts are about and to provide visual evidence: that the owners are people of wealth, education and taste.”

🎶 Please allow me to introduce myself 🎶

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Written by froztbyte@awful.systems on 2024-09-23 at 12:35

I just learned about this “wonderful” little item too

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Written by Charlie Stross on 2024-09-23 at 12:39

@froztbyte Your term of art in economics to describe this shitbaggery is "Veblen goods": https://en.wikipedia.org/wiki/Veblen_good

"a type of luxury good… for which the demand increases as the price increases, in apparent contradiction of the law of demand, resulting in an upward-sloping demand curve. The higher prices of Veblen goods may make them desirable as a status symbol in the practices of conspicuous consumption and conspicuous leisure."

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Toot

Written by froztbyte@awful.systems on 2024-09-23 at 16:12

handy to know, ty

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Descendants