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> People [are] chasing [a] status symbol but they are not fools I’m not an economist nor social scientist, but I don’t think a simple “fool” judgement necessar
by bch 8y ago
> People [are] chasing [a] status symbol but they are not fools
I’m not an economist nor social scientist, but I don’t think a simple “fool” judgement necessarily explains what motivates. Mind the story below is from 2009 and of luxury automobiles, but my point stands... I feel like the “rationalization” for events is just post-hoc acknowledgement of “which way the wind blows”.
https://www.theglobeandmail.com/report-on-business/porsche-in-china-higher-sales-tax-higher-status/article4214686/ https://www.theglobeandmail.com/report-on-business/porsche-i...