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In our economy, the value of things is determined by the attitudes of everybody who interacts with those things. That's what I mean by everybody--we all get to
by __MatrixMan__ 2y ago
In our economy, the value of things is determined by the attitudes of everybody who interacts with those things. That's what I mean by everybody--we all get to decide whether to shame or praise each other based on the decisions we make.
Quite a lot of money has been spent ensuring that people believe--for better or worse--that the symbols that we surround ourselves with are an expression of who we are. That if we wear the right brands, or drive the right kind of car, then others will know that we're the right kind of people. Why else do people wear MAGA hats? Sentiment around symbols is the board on which on which billionaires play power games.
Are you proposing that it should only work in one direction? That it's fine to drive Apple stock up by expressing approval of somebody's MacBook, but it's forbidden to drive Tesla stock down by expressing disapproval of somebody's Tesla? Because that's absurd.