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My original intent was to suggest that wealthy people consume more (after all, they have the wealth to do so) and ultimately a lot of our current economic syste

My original intent was to suggest that wealthy people consume more (after all, they have the wealth to do so) and ultimately a lot of our current economic system is designed to serve those needs. There's the classic example of "rich nerds in SF trying to solve problems for other rich nerds" but ultimately it's a matter of who controls most of the income that can be spent on non-necessities.

WalterBright 7y ago
> ultimately a lot of our current economic system is designed to serve those needs. I simply don't buy that. The market for VWs is far, far larger than the market for Ferraris/Bentleys. McDonald's made orders of magnitude more money than any luxury restaurant chain. The same for shoes, pots, pans, watches, computers, jewelry, soap, etc. The luxury yacht business is microscopic.