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Yeah but a large and valid function of luxury goods is wealth signalling. You might find this lamentable but it has practical social utility.
by hnhg 8y ago
Yeah but a large and valid function of luxury goods is wealth signalling. You might find this lamentable but it has practical social utility.
- humanrebar 8y agoThat's why you get your custom shirt monogrammed. Bespoke and conspicuous, at least to the people you're signalling to.
- warp_factor 8y agoyes, everything is signaling. If you get a brandless tshirt, you are also signaling that you are too smart to buy the luxury brand.
- hnhg 8y agoTo some audiences, yes
- selune 8y agoEveryone above some margin of income indulges in a consumption of luxury goods. I don't see how wearing a cheap t-shirt but driving a good car or playing Playstation sitting on a comfy expensive couch is smarter than buying a pair of expensive sneakers. It's just signalling to your crowd.
- jidue 8y agoToday its less necessary and inefficient. Once upon a time the costumes of head of state, judges, generals and priests required all kinds of peacock level signalling. The illiterate masses needed the signals. Especially where authority figures were concerned. Today we are at a point were a CEO can walk into a meeting in shorts and people have the capacity to understand who has more decision making power. Are General's and Judges going to stop wearing their costumes? In large parts of the west much of it has disappeared. Not yet fully because when your job is to get people to do stuff that has nothing to do with their own needs distractions work. As more and more people get in touch with their own needs the power of distraction and manipulative signals will reduce. We are seeing this push back happening all over the place. In the past both the education system and professional hierarchies at work did a fantastic job of disconnecting people from their own needs to produce obedience. Today thanks to hyper-connection of the internet, the hierarchies are bypassed, and people are getting slapped in the face, a hundred ways, reminding them to think about their own needs. This is a new thing. It goes wrong a lot and produces bad outcomes but people are learning. And the learning is very different from the past. Because it comes through a network not from a hierarchy.
- selune 8y agoBut is CEO going to live in a cheap apartment in a bad hood or entertain themselves via playing rocks they found on a street? I'm all for controlling our inner consumerism but I often find tremendous lack of self-awareness in the discourse. Nobody says MTG fans are "not clever" or shallow or manipulated by the system because they have an expensive hobby. Tourism, cars, good houses, good furniture, art, videogames, eating out, going to concerts, collecting vinyls, having pets - are all absolutely unnecessary for humans and can be considered as luxury from point of view of those who cannot afford these things. People buy and do stuff because they like it and can afford it and that's it. You're not more enlightened or clever for not doing one unnecessary thing but doing some other. I don't ever eat in restaurants/cafes and don't have a car. I'm not smarter than majority of Americans, I'm just really shy and don't mind using public transport, so these things are inefficient for me, but they might be efficient in providing some entertainment, comfort, novelty experience, social signalling for those with different preferences.
- ghaff 8y agoA lot of people get up on their high horse because others spend money on things they consider frivolous and unnecessary. I don't read too much into changing clothing styles. Suits and ties were starting to be de-emphasized in day-to-day business quite a while before social media was a thing. (Casual Fridays started in the early 90s or so.) And the sort of inverse snobbery hoodie dress thing is mostly limited to some tech circles. For that matter, there are still a lot of suits and ties worn in business meetings even if they're not near-universal dress any longer.
- ahakki 8y ago> Are General's and Judges Last time I was in court in court the judge was wearing just a casual floral top, summer skirt and flats, it was a small civil case, and no one minded at all. It was still clear that she was in charge.
- mythrwy 8y agoTrying to have an outside perspective, the black robes do seem pretty silly in this day and age. But not nearly as silly as the powdered wigs I think are still in use in Britain and other parts Europe which seem downright ludicrous.
- function_seven 8y agoForm and Function. If I can find clothing that functions just as well as logo'd versions, but for less money, then that makes sense. With cars, gaming consoles, etc., there's a valid reason to want to spend more money if you're looking for function. PlayStation has games that you can't find on other consoles, or maybe you just like the controller better. The car I drive is more expensive than I need, but I didn't spend the money to signal anything to anyone. I bought it because it has features the alternative doesn't. If those expensive sneakers do their job better, then great. But if you're dropping $500 on a limited edition, just for the design, then it's a different calculation. (I am NOT saying it's stupid to do this, just differentiating it from buying features vs. design)
- selune 8y agoClothes have aesthetics function. I love my Chloe dresses, how they made, how they look and feel aka they make me happy. I'm yet to find similar dresses in mass market or even just in other brands. Most people who buy expensive clothing are actually doing it as a hobby, esp those that are being talked about in the article - people who are heavily invested in influences and celebrity culture, they find luxury to be fun and it allows them to hang out in circles of people with similar interests. So it does fulfill functions: aesthetic, social, entertainment etc.
- chrisan 8y ago> I bought it because it has features the alternative doesn't. How do we know that you aren't signaling you want that brand? You are just some dude in a Ford, who for all we know is signaling you want a Ford over a Chevy
- function_seven 8y agoI guess you just have to trust me. And, trust me, this car if anything signals that I’m boring as shit. The color is bland and styling is okay. I spent the money for the power seats and the extra room in the back. Funny enough, it is a Ford, though I’ve also owned Chevys in the past.
- mynameishere 8y ago
- deleted 8y ago[deleted]
- saghm 8y agoOr maybe you just don't care what others think about what you wear and just go with what's cheaper, which is generally the brandless clothing
- sridca 8y ago> yes, everything is signaling. Cynical observation. Not every human action is automatically designed to impress upon others. > If you get a brandless tshirt, you are also signaling that you are too smart to buy the luxury brand. As a matter of fact I buy "brandless" shirts -- actually I own about four black woolen shirts from Costco. It is simply a fact of the matter that a) I am smart enough not to fall for luxury brand marketting, and b) I prefer not to have to choose which 'design' of shirt to wear every day. A fact is just so; it does not need to be signalled. I perfectly understand that some people value fashion more in line with their values. To each their own.
- Erlich_Bachman 8y ago> Cynical observation. Not every human action is automatically designed to impress upon others. That is not what the word signalling means. Signalling is a means of communication. Singalling is much more efficient in many contexts than other communications methods like straight up talking and describing one's life. Communication has many reasons for it, only one of which (quite minor for many people) is "impressing upon others". Saying signalling is done for "impressing upon others" is a gross simplification of this phenomenon and is just inaccurate.
- dschuetz 8y agoWhat might that "practical social utility" be?
- selune 8y agoTo be able to easily recognize people you want to hang out with? People do tend to gravitate toward people of the same economic class.
- threatofrain 8y agoTo at least show you're of the class that can afford such things. That allows you to not be judged.
- mud_dauber 8y agoKnowing whether that person will pick up the check :-)
- anovikov 8y agoThing is, it still is. Haute couture doesn't have any labels and yet it does whole lot of wealth signaling. It's just... it takes some real wealth.
- hnhg 8y agoYes, but only certain audiences recognise it.
- devit 8y agoIn the case of logos, it also signals that you are attempting to signal "wealth" (more appropriately, a somewhat elevated clothing budget), which is generally detrimental.
- _0nac 8y agoPeople who don't signal wealth tend to like to think so, but it's been fairly exhaustively demonstrated that signaling wealth with visibly branded clothing does get you better treatment in all sorts of things, including job interviews. https://www.cnbc.com/2015/04/10/wearing-expensive-brands-of-clothing-can-help-you-snag-that-job.html https://www.cnbc.com/2015/04/10/wearing-expensive-brands-of-... And yes, in some circles ostentatious signaling will be counterproductive, but that's the exception rather than the rule.
- beatgammit 8y agoYes, I've heard that tasteful wealth signaling implies that you're successful enough to do so, and if you're a bit over the top, you likely need the job more than someone who is a bit more reserved, so you may work harder. Basically, fake the til you make it and dress for the part and whatnot. However, each position and manager are different, so there are very few hard and fast rules. What works great for one person may have the opposite effect on another. Honestly, I don't care too much about my physical appearance (I guess that's signaling too), so I've been looking into other nonverbal ways to communicate since I hate trying to adapt to the latest fashion (it's exhausting, and my time is better spent building stuff).
- ghaff 8y agoIt used to be easy. You wore a suit to a professional job interview. End of story. End of discussion. Today, I assume that there are more than a few people in tech making hiring decisions who would flag that as "not a cultural fit."
- lazerwalker 8y ago
- sametmax 8y agoCustom tailor clothes is very high signaling: either you have the education to notice, and hence you will give points to the person for having taste, or you won't, but the perfect cut will make it's effect anyway. Branding is the opposite of signaling for anybody with a bit of money, or somebody who has been educated in an environnent filled with art and science.
- hnhg 8y agoIt depends on who you're speaking to. Old vs new money, etc.
- spectramax 8y agoCan you elaborate what new and old money means? In my view, status symbols and signals exist at each wealth tier, i.e. from lower class, middle class and the bourgeoisie, to the upper extreme of billionaires. Brand name and brand recognition persists not only in vertical hierarchy but also in horizontal sub cultures within the same wealth class (e.g. Supreme which has its roots in SB culture).
- sametmax 8y agoThe old european rich families will never wear anything with a logo. But the daughter of an emirate family that got rich during the last century may travel with 20 suit cases with logos on them. This is still value signaling for both. It's just that when 20 generations lived in castles, showing off money is considered bad taste and uneducated. In fact, a typical signal is having expensive things, but not caring that you have them. Some do that by not showing them off. Others displays that by showing them off, but treating it like it is disposable.
- Tsiklon 8y agoFrom what I understand of the matter, in terms of a generalised distinction the two differ on how they signal their wealth and their behaviour amongst peers. Old money is wealth that has been sustained through several generations - Traditional aristocracy, and families who own classically successful businesses going back hundreds of years those would be the sort of people who one would describe as old money. The wealth signalling these families and people display are items that tend to be less "showy" or overt. The perception of a quality or well made item is more important than the brand name behind it. New money is wealth that has accumulated within a generation or two from families who are not traditionally wealthy - Tech Millionaires, Arabian Oil Barons, Russian Oligarchs and the like would all come under this heading. The wealth signalling by New Money tends to be more overt than with old money - there can be the perception that the items they purchase and flaunt around are to signal that indeed they have money and are willing to spend it. one could even argue it's as if to prove a point a classic exploration on the conflict of Old Money vs New Money is in the novel The Great Gatsby. see also the term Nouveau Riche https://en.wikipedia.org/wiki/Nouveau_riche https://en.wikipedia.org/wiki/Nouveau_riche
- retrac98 8y agoThis is important for people to understand. In business, an expensive watch signals to others that you’re good at what you do. Not necessarily that you’re a flashy asshole, although for some that can be the case too!
- danielahn 8y agoTo emphasize the point on the value of signaling - I know plenty of people who actively avoid branded items that could easily fit into their budgets because they think it's ridiculous to pay the premium - this is also signaling, especially if you belong to a tribe that knows you have that sort of money. Gets lost in the mental calculus of why a person buys a certain good (value, function, etc.), but as another commenter pointed out, luxury designer brands often fit better which makes the wearer look better, and the decision is rarely just about about which item provides more value for the 'cover a part of your body' use.
- 908087 8y agoMost of the people I encounter who go out of their way to "signal wealth" are only wealthy if you consider massive debt a form of wealth.
- BenMorganIO 8y agoI'm not sure about that. Each time I see someone with those things I tend to assume they're in debt than in credit. My gf's dad complains about his debt then spends his money on Bose sound and yells at his kids for taking up all the money. I really just straight up don't trust people who value these and I also don't feel like making a human connection to them either. If I see someone in a bespoke suit and wearing it properly, I nod my head. It feels almost like seeing a good beard. You wouldn't buy a Gucci beard to be put on like a fake mustache. You'd have to groom it and take care of it on your own for months. Apologies for the odd comparison but it's needed to add a deeper contrast. "Luxury" goods shouldn't be a sign of status as they're often toxic. Buy what you think actually does the job and solves the problem.