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The point of the essay is good. You called out exactly my reaction; we value those things because of the marketing dollars that went in to them. As a wealthy fr
by vessenes 7mo ago
The point of the essay is good. You called out exactly my reaction; we value those things because of the marketing dollars that went in to them. As a wealthy friend from Geneva said to me once, “Look around this dinner party - the Swiss here have either an Apple watch or nothing on their wrist.” Swiss watches are an export good, and Hermes is a luxury brand. Both of generally good quality. And much, much better marketing.
- johnnyanmac 7mo agoNot really. Some items naturally have value due to utility. Natural resources only lose their value if we somehow move on from all its utilities (like coal is, day by day). Some are indeed via marketing, but any itema have intrinsic or at least, emotional value.