conspicuous consumption


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conspicuous consumption

The lavish expenditure of money or acquisition of expensive items as a public display of one's wealth or financial success. In rapidly developing economies, conspicuous consumption becomes more and more prevalent as a means for those who have done well to flaunt their new economic status.
See also: conspicuous
References in periodicals archive ?
Conspicuous consumption, exploitation of old-boy networks and family ties, distrust of mass action and, among some at least, a preference for coupon clipping and indolence over generating new capital through hard work, are vices of the bourgeoisie wherever they are found.
Another study showed that other situations involving status could affect how people feel about conspicuous consumption.
Just off Omotosando is the Laforet department store, a huge temple to conspicuous consumption containing around 100 small boutiques.
They are at odds, however, with the stodginess of the older bourgeoisie: its drive toward conformity, its contempt for eccentricity, its obsession with conspicuous consumption and "keeping up with the Joneses.
But distinctions based on conspicuous consumption and brand names have become more finely honed and obsessively policed since the 1980s.
And because television has so successfully spread the religion of conspicuous consumption, the world consumed as many goods and services in the 46 years since 1950 as had all previous generations together.
It's a return to the Mid-Eighties, not to conspicuous consumption but to high-end values.
The same high style that had previously been predicated on tulle, feathers shaved and dyed, artificial flowers, and lace (haute tattoo, after all, when laid over bare skin) returned to the image of fashion, minus the vitiation of `80s-style conspicuous consumption.
The study examined two different types of social exclusion--being ignored versus being rejected--and their effects on conspicuous consumption and charitable behavior.
We feel that these shows are mostly staged and place an emphasis on vanity, greed, promiscuity, vulgarity and over-the-top conspicuous consumption.
Then, a couple of years ago, a colleague asked me who I consider to be a truly Jewish designernot as in Ralph Lifshitz, the Jewish boy from the Bronx who created the ultimate sartorial phantasmagoria of the WASP lifestyle, but as in designers who created the fashions that most spoke to the Jewish story of upward mobility, conspicuous consumption, desire for assimilation, and, at some far point, acceptance and even leadership.
They consider consumption, identifies, and agency; negotiating dress practices in Northern Cote d'Ivoire; decision making, clothing purchases, and dress valuation in Lusaka, Zambia; conspicuous consumption, identity, and home culture in northern Nigeria; the consumption of beads and beadwork in Tanzania; the appropriation of goods among the Kel Ewey Tuareg in Niger; and material possessions and consumption in three West African villages compared to German students.
The era of conspicuous consumption is over," said Asda CEO Andy Bond.
And the Hollywood-bound queen of conspicuous consumption is unlikely to take the prospect of being outsparkled lying down.
Location in a new high-end mall drew snickers from some who thought the conspicuous consumption jarred with fest's emphasis on art cinema, but the new base allowed festgoers to catch more than a fleeting glimpse of other guests and prevented juries from having to hike across town to make screenings.