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A space for sharing and discussing news related to global current events, technology, and society.
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© 2020 Relevant Protocols Inc.
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“At the end of the 19th century, American economist and sociologist Thorstein Veblen said that people take their cues about what to consume from the social class immediately above their own. They want things just beyond their reach.”
“At the end of the 19th century, American economist and sociologist Thorstein Veblen said that people take their cues about what to consume from the social class immediately above their own. They want things just beyond their reach.”
“There is one major difference between Instagram today and American society more than a century ago: In the past, people were after an unattainable lifestyle they saw in the class above them, which was created mostly by inherited wealth; Today, on Instagram, they are after the lifestyle of the “class” above them that is largely an illusion crafted by technology and marketing. It’s hard to say which is worse.” I would push back a little against the idea that the influence of inherited on wealth has somehow been replaced by a more mercurial economy of influence . Influencer economy has maybe successfully advanced the illusion of an economy that has ruptured itself from the passage of inherited wealth ; rich kids of ig is a perfect example of how inherited wealth interacts symbiotically with the economy of influence .
“There is one major difference between Instagram today and American society more than a century ago: In the past, people were after an unattainable lifestyle they saw in the class above them, which was created mostly by inherited wealth; Today, on Instagram, they are after the lifestyle of the “class” above them that is largely an illusion crafted by technology and marketing. It’s hard to say which is worse.” I would push back a little against the idea that the influence of inherited on wealth has somehow been replaced by a more mercurial economy of influence . Influencer economy has maybe successfully advanced the illusion of an economy that has ruptured itself from the passage of inherited wealth ; rich kids of ig is a perfect example of how inherited wealth interacts symbiotically with the economy of influence .
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